SAN MATEO, CA, May 4, 2015 — Selectica, Inc. (NASDAQ: SLTC), a leading provider of contract management, supply management—from source to pay, and configuration solutions, announced that it will be working with Kellogg, one of the world’s leading consumer packaged goods companies. Kellogg has chosen Selectica SmartContracts® to automate its contract lifecycle processes enterprise-wide and ensure visibility into contract milestones.
In order to manage myriad of contracts with vendors both regional and global, Kellogg picked SmartContracts® for its powerful features. After a lengthy evaluation period, Kellogg concluded that Selectica contract lifecycle management offered the most configurable solution available.
“Some of the key features important to us included the Clause Library and the workflowtools,” said Dan O’Connor, Kellogg Corporate Counsel “We look forward to using more uniform templates and streamlined tracking processes to shorten contract cycle time and improve vendor relationships.”
With SmartContracts®, Kellogg will be able to set unique and secure approval cycles for different types of contracts across geographies and standardize templates for their variety of NDA and procurement contract types. The technology allows for productive collaboration enterprise-wide, whether between internal departments or with international vendors.
“We are excited to get Kellogg up and running on SmartContracts®,” says David Bush, Chief Sales Officer at Selectica. “This level of contract visibility will provide valuable insight that can help in making profitable decisions. Being awarded for our solution by such a prestigious global brand is a significant achievement for our organization. We look forward to delivering on the high standards that Kellogg 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.