CARMEL, IN — Determine, Inc. (NASDAQ: DTRM), a leading global provider of SaaS enterprise Source to Pay and Enterprise Contract Lifecycle Management (ECLM), announced today naturéO, a French organic supermarket chain, selected Determine to improve its operational effectiveness through its procure-to-pay and paperless invoicing solutions.
Since 2007 the family-run company, naturéO, has been making quality organic products more accessible, by offering them at an affordable price for everyone at their 25 outlets in France. By working on every aspect of the organic products industry (fair pay for those involved, lasting relationships with suppliers, dialogue and information with the consumer), naturéO has become a company known for its values.
"With our size expected to triple in the next three years, the pace of our growth is a challenge to meet our supply process demands," said Xavier Travers, General Manager at naturéO. "We have chosen Determine for the functionality they offer, the material design of the user interface, and the configuration possibilities within the Determine Cloud platform," said Benjamin Bouvy, Administrative/Financial Manager and Bruno Dupont, Management Consultant.
naturéO's Expected results
The expected benefits of this project with Determine Procure-to-Pay are on one hand about simplifying the everyday work for the outlets, by guiding them to local or national negotiated tariffs and real time tracking of their budgets, while providing sustainable options of paperless orders and eInvoicing with their suppliers.
"Determine is proud to play a part in the naturéO venture which has created jobs and is promoting positive work ethics in the marketplace," states Patrick Chabannes, Senior Solution Strategist at Determine.
"Given our long history of working with some of the largest supermarkets and food industry providers, Determine is delighted to be contributing to the growth of the organic supermarket industry in Europe, one that reflects the global trend of sustainability and corporate social responsibility," notes Constantine Limberakis, VP of Product Marketing.
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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. Our visionary technologies allow our customers to effectively manage the full scope of Source to Pay and ECLM using our Determine Cloud Platform. Our Source to Pay software suite includes strategic sourcing, supplier management, contract management and procure-to-pay applications.
The Determine Cloud Platform gives procurement, finance and legal professionals the ability to deliver profound insights through analysis of their supplier relationships and contractual requirements. Our customers 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.
Our customers benefit from the Determine Cloud Platform's robust suite of integrated applications. Whether they start with a full-suite implementation or choose to implement just one application and build over time, each additional application allows for the automatic sharing of data already in place on the Determine Cloud Platform.
For more information, please visit: www.determine.com.
Source: Determine, Inc.
