SAN MATEO, CA, August 17, 2015 – Selectica, Inc. (NASDAQ: SLTC), a global provider of SaaS contract management and end-to-end source-to-pay supply management software solutions, including eSourcing, eProcurement, spend analysis, and procure-to-pay software, announced that Chromalloy chose to implement Selectica Smart Supply Management suite solution which includes SmartSourcing, SmartAnalytics, Supplier Information and Performance Management, Procurement Contract Management, and Procurement Analytics to automate their entire sourcing processes.
Chromalloy is an integrated solutions provider for original equipment manufacturers, commercial airlines, militaries, oil and gas companies, and power companies.
Selectica Smart Supply Management suite solution delivers on bottom-line results based on understanding spend behaviors through embedded analytics, allowing organizations to make total cost of ownership based selection decisions, improve compliance in all supplier interactions and collaborate with suppliers to mitigate risk. The suite enables and supports positive supplier relationships, leveraging technology to drive an innovative process for improved savings and insight on supplier information and performance management.
“Selectica has been very easy to work with and very energetic,” said Jim Adkins, Vice President at Chromalloy. “The customer focus they bring and the fully-featured, intuitively easy-to-use sourcing tools are game changers.”
“We are excited to get Chromalloy up and running on Smart Supply Management suite as they automate and maintain their vendor relationships and streamline their enterprise sourcing processes,” said David Bush, Chief Sales Officer at Selectica. “We are honored and look forward to continue to deliver our innovative solutions with the high standards of service that Chromalloy expects from us.”
About Determine, Inc.
Determine (NASDAQ: DTRM) is a provider of leading enterprise cloud software solutions with over four decades of collective technical and process knowledge in the areas of strategic sourcing, enterprise contract lifecycle management, and procure to pay solutions. We provide the next generation of agile, enterprise cloud solutions for managing the needs of modern business. Using our intuitive applications, organizations can effectively manage the full scope of source to pay and enterprise contract lifecycle management requirements using the Determine platform.
The Determine platform is an open technology infrastructure based on smart process application models. The goal of our platform is to establish awareness of relevant data, manage business documents, embed analytical tools, create a means for collaboration, and provide advanced process management tools for fully integrating business processes through an open API infrastructure. Built on a unified and highly scalable platform, we deliver deep and innovative capabilities in strategic sourcing, supplier management, enterprise contract lifecycle management, e-procurement, invoicing, and other business operation areas.
In addition to our source to pay and enterprise contract lifecycle management solutions suite, we also provide a powerful, patented configuration engine solution, which Global 1000 companies use to increase revenue by facilitating the right combination of products, services, and price.
For more information, please visit: www.determine.com.