Determine, a Corcentric Company, Recognized in Six Spring/Q1 2020 SolutionMaps from Spend Matters

By AIT News Desk On Apr 1, 2020

Ranking Across the Breadth of Categories — Including P2P, I2P, CLM, Sourcing and others — the Source-to-Pay Leader Displays Exhibits Upstream and Downstream Product Strength in the Latest Spend Matters SolutionMap Release

Determine, a Corcentric company, a leading global provider of SaaS Source-to-Pay and Contract Lifecycle Management solutions, was recognized in the Contract Lifecycle Management, Procure-to-Pay (P2P) and Invoice-to-Pay (I2P) Spring Q1, 2020 SolutionMaps from Spend Matters released this month.

“Being named across nine Q1 2020 SolutionMaps from Spend Matters is outstanding recognition that our corporate and product vision of offering a “one-stop shop” is exactly on track,” said Joe Payne, Senior Vice President, Source-to-Pay, Corcentric. “The breadth and diversity of SolutionMap categories that Determine, a Corcentric company, is included in shows that our unique combination of advisory, technology and managed services is resonating with, and meeting the needs of, our customers across industries.”

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Determine, a Corcentric company, Q1, 2020 SolutionMap rankings

Determine, a Corcentric company, solutions are designed to help mid-market to Fortune 1000 companies transform, automate and streamline entire Source-to-Pay and Order-to-Cash processes to control costs, maximize savings, mitigate risk and improve working capital. The following SolutionMap categories are where the company delivers outstanding efficiency and effectiveness:

Spend and Procurement Analytics
Sourcing
Contract Lifecycle Management
E-Procurement
Procure-to-Pay
Invoice-to-Pay

According to Matt Clark, COO and President of Corcentric, “As our Spend Matters SolutionMaps rankings show, Determine, a Corcentric company, is continuously focused on solving the real and persistent challenges that businesses face every day — cash flow, cost containment, and continuity. That commitment is even more important right now as the world faces down the unprecedented pandemic impacting every facet of business and personal life. We work hard to earn the support, trust and loyalty of our valued customers, and we stand behind them now to help minimize their business disruption wherever we can.”

Spend Matters’ SolutionMap allows buying organizations to compare procurement technology vendors at a platform level rather than by solely reviewing technological capabilities and features.

“SolutionMap is the great equalizer between buyers and sellers of procurement technology solutions,” says Jason Busch, Founder, Spend Matters. “It is the only benchmarking methodology that is fully transparent, considers equal parts technology analyst and customer scoring (individually and separately), and allows business users to create a one-to-one map based on their requirements to what technology vendors can provide based on demonstrated, generally available capability.”