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White Paper

The Promise & Problem with SIM:

Data, workflow & transactional processes and systems

Best-of-breed Supplier Information Management (SIM) platforms combined with analytics are the ultimate applications in procurement. However, it doesn't supersede core process-centric applications in sourcing, P2P, supplier performance management, etc.
The Promise & Problem with SIM: Data, workflow and transactional processes and systems
Download the paper now to learn:
  • Why SIM providers broadened their solutions to manage supplier information during supplier discovery, supplier onboarding, supplier performance management, etc.
  • The confluence of Supplier Performance Management, Supplier Risk/Compliance Management, and SIM
  • Problems with this broadening when things go off the rails for practitioners and providers
  • Defining supplier-related information and its role in content management, market intelligence, analytics, etc.
  • SxM terminologies that vendors agree on (SIM, SLM, SQM, SPM, SRM, etc.)
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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.
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