Author Archives: Determine Inc.
You don’t have to be a corporate general counsel to know that managing contracts can be complicated and time consuming. While almost every contract starts with a request, and ends (hopefully) with renewal, there’s a lot that needs to go on — and sometimes doesn’t — in between. That’s where an integrated and automated contract management process comes in.
Smart and collaborative platforms, unified interfaces, Big Data and Artificial Intelligence: all these developments are forcing source-to-pay solution providers to regroup and adapt their technology offerings.
[NOTE: Leading French retail group Monoprix deployed the Determine Cloud Platform earlier this year, in part to manage e-catalogs. As a major force in city-center shopping, with locations in over 250 cities in France through its six branded stores, Monoprix’s supplier catalog management requirements are vast, as you might imagine. Because of Determine’s deep expertise and experience in the retail industry vertical, they chose our modular, integrated Procurement solution for its flexibility, simplicity and ease of use.] Intuitive user interface, … More
A closer look at the PayStream Advisors 2017 Supplier Management Report and webinar. In a recent survey about current supplier management challenges, goals, and practices, PayStream Advisors asked procurement organizations what contributes to poor supplier relationships, and what their priorities are for improving the processes in place. Not surprisingly, access to accurate information was at the heart of both: As a source of supply chain challenges, and as a way to achieve a more strategic level of supplier management. Despite … More
The podcast series that’s all about minding your business in contract management and source to pay. Following on the heels of a webinar with SIG and Chris Monk of Determine partner Protiviti on Third Party Risk Management Efforts 101: Aligning Supplier Onboarding to Contract Onboarding, the discussion continues with Tony Abel, Managing Director and Chris’ colleague at Protiviti. With few exceptions, third-party risk has been one of our dominant topics over the past 12 months, with good reason. Risk is … More
Today marks another milestone in the continued upward trajectory of Determine as we welcome our new Chief Marketing Officer and EMEA SVP, Gérard Dahan. An industry veteran, Gérard brings with him a long and impressive resume, both from within and outside the source-to-pay industry. The fact that he chose to join Determine from among the many companies that were pursuing him, and the reasons why he did so, underscores the vision and goals Determine, as a whole, has worked so … More
Business is evolving in a volatile legal context: regulations are changing and becoming tougher. The notion of “conformity” and “compliance” have never been so prevalent. During the 7th annual Journée du Management Juridique (Legal Management Day) in Paris this past June, Mr. Philippe Ginestié evoked a time when a supplier’s word and handshake were enough to constitute a contract. But that time has passed.
As we head for another calendar turn, I’d like to thank you, our customers, for being the driving force behind making our solutions ever better as we fully implement our Cloud Platform. The best is yet to come – stay tuned as our global team sets the bar even higher in the year ahead. Get a taste in the following resources. As always, please feel free to contact me with any comments firstname.lastname@example.org. Determine Cloud Platform on cloud 9 Our … More
Just because Halloween is around the corner, kids shouldn’t get all the good stuff. So, we’re handing out the latest in supplier management best practices this month. From risk to spend management to process improvement, our goal is to continue helping you take your procurement organization even further through supplier optimization. If you like what you read, don’t hesitate to share this to your colleagues. Event Recap: France September is always a busy month in France, but this year was … More
Featured Resource: Procurement, platforms and the future. In the beginning, there were point solutions. Solved a lot of spreadsheet headaches (data misentry, anyone?), but had their own challenges. Enter the solution suite — digitized processes, integrated modules, standardization — and end-to-end automation. Perfect. Almost. As procurement organizations continue to move up the maturity curve, shortcomings in the solution suite model become increasingly apparent. The ability to extract and leverage all data across an enterprise is how procurement will find new … More
“Risk” Is in the Eye of the Beholder I am still amazed at how the conversation about a broad topic such as risk is dependent on the individual I am speaking with, and more often will just be focused on contract management.
Meeting diversity objectives can help reach a whole range of bigger corporate objectives, too! Supplier diversity was initially promoted as corporate stewardship for the disenfranchised. Today, diversity is considered a competitive advantage. Changing work demographics and emerging markets compel businesses to invest in supplier diversity programs. Yet, most organizations are unable to measure and report on their supplier diversity efforts. Dysfunctional processes and the inability to enrich and normalize data make supplier diversity programs challenging. Thus, diversity programs often miss … More
A common currency demands uncommon approaches Europe offers unique sourcing and spend management challenges; the right strategy will turn those into unique opportunities. While the countries that make up Europe vary dramatically in size, diversity, and economic influence, much of the continent shares a common currency that underscores the need for common approaches to strategic sourcing. This report examines the unique pressures, actions, and capabilities faced by organizations in the European region as they continue to leverage sourcing to bolster … More
Company name: Marvell Semiconductor (division of Marvell Technology) Marvell Semiconductor, Inc., offers integrated circuit solutions using communications mixed signal processing and digital signal processing technologies. The company offers switching, wireless, PC connectivity, gateway and power management products; and transceivers and communications controllers. It also offers system-on-chip products, hard disk controllers, preamplifiers, motor controllers, and tape drive controllers. In addition, the company provides storage products for hard disk drives and tape drive electronics, and storage interconnect technology. Its products are used in … More