CARMEL, IN—JUNE 13, 2016—Determine, Inc. (NASDAQ: DTRM), a leading global provider of SaaS Source to Pay and Enterprise Contract Lifecycle Management (ECLM) solutions, offered through the Determine Cloud Platform, which includes strategic sourcing, supplier management, contract management, and procure-to-pay applications, announced plans today to relocate their headquarters to Carmel, IN. The new 9,000 square foot corporate headquarters is located at 615 West Carmel Drive in Carmel. With the renovations now complete, the office will begin to officially serve as Determine Inc.’s global headquarters this month. Growing from the company’s Indiana satellite office in Carmel, Determine’s new headquarters will provide a home base for the company’s worldwide business, which today also includes offices in California, Georgia, France and the United Kingdom.
The company’s recognized, visionary technologies allow their customers to effectively manage the full scope of Source-to-Pay and enterprise contract lifecycle management using the Determine Cloud Platform. Its Source-to-Pay software suite gives procurement, finance, and legal professionals the ability to deliver profound insights through analysis of their supplier relationships and contractual data. Determine’s 300+ leading global enterprise customers, including well known industry leaders such as; AOL, Cushman & Wakefield, Endo Pharmaceuticals, Nordstrom, and Sony Music Entertainment leverage the Determine Cloud Platform to discover previously unseen supplier and spend data; make more informed and smarter business decisions; drive new revenue; control costs; improve workflow efficiencies; and mitigate risk.
“We are thrilled to formally announce this move of our corporate headquarters to Carmel,” said Patrick Stakenas, President and CEO, Determine. “It was a big decision to leave Silicon Valley, but we believe that Carmel offers us a centralized strategic location for both staffing and maintaining connectivity to our global offices and customers. Locating in Carmel offers us an extremely solid business environment and a quality of life that will allow us to attract and retain talented employees, due to these key points, the bulk of our future US based growth will be in Indiana.”
“Indiana’s tech sector is thriving, and today I am proud to mark yet another milestone as we welcome Determine’s global headquarters to the Hoosier state,” said Governor Pence. “In Indiana, we maintain a balanced budget and have cut costs and taxes, creating a fiscally predictable environment that allows entrepreneurs and job creators to invest in what matters most – their business and their employees. With a strong community of innovators, top universities training tomorrow’s leaders and a business climate designed for job creation, I am confident that Indiana will be a key partner in supporting Determine’s growth worldwide.”
“Carmel is always pleased when a company decides to establish its headquarters here. But it’s even more gratifying when a company as prestigious as Determine, which was already in a great location near San Francisco, recognizes the benefits of moving its headquarters to Indiana, specifically Carmel. We welcome Determine into our family of more than 100 corporate headquarters and we look forward to watching you expand in the future,” said Carmel Mayor Jim Brainard.
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.