Alexa Certify
Case Studies
What success story can we write for you?
Determine Inc.

Determine Cloud Platform

Alliant Credit Union: Determine Case Study
Financial Services Enterprise Success Story

Financial Services Enterprise Success Story:

As one of the 10 largest credit unions in the U.S. and having just eclipsed $10B in assets, it was crucial for Alliant Credit Union to mature its procurement and third-party risk management practices. Alliant’s new centralized Procurement team was tasked with implementing a full Source-to-Pay solution, as well as a third-party onboarding and management tool that would serve as the foundation for this effort. They found in Determine a unique tool that could meet both of those needs.

Goals:

  • Quickly implement third-party onboarding to be compliant
  • Implement a full Source-to-Pay solution that can integrate easily with other core systems (Symitar, ADP, etc.)
  • Have a configurable — not customizable — tool
  • Give visibility of spend to the budget owners so they can pre-approve POs at the requisition stage

Results:

  • All employees are using the Determine Cloud Platform
  • 48% of the Spend is approved at the Requisition Stage
    (0% previously)
  • Since go-live in August 2017:
    • 396 POs created ($13.6 MM)
    • 3,630 invoices paid ($30.3 MM)
    • 72 different budgets ($82.5 MM)
    • 1,770 suppliers
    • 1,368 contracts

We are looking forward to starting this journey with Determine. We are excited to make our process more efficient and transparent, which will have a positive impact on our members.”

— Dave Quillin, Manager of Procurement, Alliant Credit Union

 

 

Top
Madison Logic