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Determine Contract Management Empowers Sell-Side Contracts

Bala Yogesh
Sep. 04, 2018 09:40AM PST
Fintech Investing

Determine (NASDAQ:DTRM), a pioneering leader in global source-to-pay and Enterprise Contract Lifecycle Management (ECLM) announced that it has launched Determine CLM app to empower sales organizations to manage sell-side contracts. The company said that the app would let organizations to initiate and manage contracts directly through the Salesforce platform, thereby letting business more accessibility and …

Determine (NASDAQ:DTRM), a pioneering leader in global source-to-pay and Enterprise Contract Lifecycle Management (ECLM) announced that it has launched Determine CLM app to empower sales organizations to manage sell-side contracts.

The company said that the app would let organizations to initiate and manage contracts directly through the Salesforce platform, thereby letting business more accessibility and visibility into contracts.

As quoted in the press release:

The Determine CLM app, available with all CLM deployments and stand-alone on Salesforce AppExchange, integrates sell-side contracts with Determine Contract Management on the Determine Cloud Platform. Users can quickly and easily create contracts and collaborate directly with contract managers and approvers using Determine CLM. This gives businesses 360° accessibility and visibility into contracts, so users can see at-a-glance where a contract is in the process, what happens next and who is responsible.

“Buy-side, sell-side — Determine is on the user’s side. The Determine CLM app is the simplest, most intuitive contract experience we’ve ever created. Self-service features enable sales teams to accelerate business and sales cycles by initiating contracts directly from opportunities. Automated functionality and streamlined guardrails make contract creation fast and collaborative, with a single source of data truth to make them accurate. It truly is about managing contracts where customer relationships are managed,” Patrick Stakenas, President, CEO of Determine said.

Determine CLM app enables users to access Determine CLM without having to leave the Salesforce environment. Features and functionality include:

  • Create contract requests directly from a Salesforce Opportunity while interacting easily with the Determine Contract Management system
  • Track status of contract updates and the negotiation process occurring in the Determine Cloud Platform from within Salesforce
  • Direct access to files and notes associated with Determine contracts including adding attachments and comments
  • Get native Salesforce notifications on status changes
  • Easy setup wizard included to take the hassle out of installation
  • Administration screens include data mapping for custom fields

The Determine CLM app helps make contracts easy to manage, with collaborative, self-service features that improve the simplicity and productivity of searching, authoring and contract administration. It turns contracts from documents into valuable, leverageable business assets.

Click here for the full text release.

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