Carmel, Indiana (GLOBE NEWSWIRE) - Determine, Inc. (NASDAQ: DTRM), a pioneering leader in global Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) Cloud Platform solutions, announced today that VM Building Solutions, a specialist in building envelopes and roofing in ZINC and EPDM (a synthetic rubber), has been managing its direct and indirect procurement on the Determine Cloud Platform since April, 2018.
Against the backdrop of a change in VM Building Solutions’ shareholders, the European manufacturer chose to implement Determine’s modular Procure-to-Pay solution, which includes Procurement, Financial Management, Invoice Processing and Analytics modules.
Since April, when the solution was rolled out in France and Belgium, VM Building Solutions has processed all of its orders on the Determine Cloud Platform. Ultimately, more than 20,000 orders place by more than 200 users will flow through the solution each year.
"Flexibility was our main criterion when choosing our new Procurement solution. We wanted to be able to adapt the tool to our business needs and have autonomy in the administration of the platform. The Determine team immediately understood our need to deploy the solution quickly; we are very satisfied with the professionalism, the focus on listening and the efficiency which Determine demonstrated."
— Julien Chimenton, Purchasing Director France, VM Building Solutions
The search for flexibility
The flexibility and usability of the solution are what convinced VM Building Solutions to choose the Determine Cloud Platform. They benefit from an intuitive, collaborative user interface that offers simply navigation and ensures rapid adoption.
"We are proud to support the VM Building Solutions procurement project and serve their business needs through the consummate flexibility of the Determine Cloud Platform."
— Gérard Dahan, Global Chief Revenue and Marketing Officer, Determine, Inc.
Highlights of the Determine Cloud Platform being leveraged by VM Building Solutions:
A single interface for managing strategic and indirect purchases
Interfaced with SAP, the Determine Procure-to-Pay solution enables VM Building Solutions to manage all of its purchasing categories on a single platform. This is a distinct advantage that facilitates invoice reconciliation and provides full visibility across the entire procurement process.
Supplier Performance Management
The Analytics module empowers VM Building Solutions with preconfigured dashboards, advanced reporting capabilities and custom KPI implementation to closely track vendor performance.
Rapid deployment to ensure continuity of service
Ensuring continuity of service between VM Building Solutions’ previous tool and the Determine solution was one of the challenges surmounted by the teams in collaboration with Determine partner Xoomworks.
"From the very first meetings with VM Building Solutions, capitalizing on each other’s respective feedback has enabled this project to be a successful collaboration model for all parties involved — client, provider and partner."
— Xoomworks France
About VM Building Solutions
VM Building Solutions provides building solutions for roofing and façade professionals. VM Building Solutions specializes in high-quality materials such as EPDM and rolled zinc intended for use by construction professionals. The company is European supplier of EPDM waterproofing membranes and promotes and markets a full range of roofing products. VM Building Solutions also manufactures and markets rolled zinc solutions for the building envelope in Europe and around the world.
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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: determine.com.
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SOURCE: Determine, Inc.