Pharma Leader Servier Group Broadens 10-Year Commitment to Determine
CARMEL, IN – January 23, 2018 – Determine, Inc. (NASDAQ: DTRM), the pioneering leader in global Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) Cloud Platform solutions, announced today that the Servier pharmaceutical group has renewed its confidence in Determine after 10 years of continually expanding use.
This project gave Determine the opportunity to further develop our standard SAP web-service interfaces in order to retrieve data in real time.”
— Patrick Stakenas, President & CEO, Determine, Inc.
The Servier Group takes a careful and considered approach to building lasting and equitable supplier relationships. This commitment is reflected in the decision by Servier Group to restate its commitment to Determine and the Determine Solution following a decade of success and collaboration across three main project areas:
Extending the functional spectrum
From starting with a simple, local-use catalog, Servier Group has expanded use of the functional spectrum of the Determine Cloud Platform to full Procure-to-Pay backed by SAP ERP. Today, Servier manages all of its indirect procurement — 85% of the overall Group’s procurement spend – via Determine’s leading solution. From legal advice to security, IT and patents, Determine’s Procure-to-Pay solution addresses the broad range of the Servier Group’s category purchasing needs.
Web-services SAP ERP interfaces that exchange data in real time
In an ever-changing world where month-end closings have become the norm, the Servier Group has chosen to adopt web services interfaces with SAP. These allow the company to reliably retrieve data in real time from Determine through native integration with the SAP ERP.
A continuous process of standardization and adoption of the Determine Solution
The Servier Group has eliminated many different specific technologies in favor of a more strategic approach with Determine, Inc. in order to minimize maintenance costs and, eventually, deploy Determine’s SaaS procurement solution worldwide.
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More information about Servier Group : www.servier.com
About Determine, Inc.
Determine, Inc. (NASDAQ: DTRM) is a leading global provider of SaaS Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) solutions. The Determine Cloud Platform provides procurement, legal and finance professionals analytics of their supplier, contract and financial performance. Our technologies empower customers to drive new revenue, identify savings, improve compliance and mitigate risk.
The Determine Cloud Platform seamlessly integrates with major ERP or third-party systems such as SAP, Oracle, Sage, QAD and Microsoft. Modular solutions can be configured to add more as needed to provide additional value beyond spend management. Our unified master database and business process approach empower users at every level to make more informed and smarter decisions.
For more information, please visit: www.determine.com.