GTT Selects Procure-to-Pay Solution From Determine

Fintech Investing

Determine (NASDAQ:DTRM) announced that GTT, a engineering company engaged in containment systems has selected Determine’s Procure-to-Pay solution. As quoted in the press release: For more than 50 years, GTT has been designing and marketing technologies combining operational efficiency and safety to equip LNG carriers, floating LNG units and multi-gas transport vessels. It also offers solutions for land-based …

Determine (NASDAQ:DTRM) announced that GTT, a engineering company engaged in containment systems has selected Determine’s Procure-to-Pay solution.

As quoted in the press release:

For more than 50 years, GTT has been designing and marketing technologies combining operational efficiency and safety to equip LNG carriers, floating LNG units and multi-gas transport vessels. It also offers solutions for land-based tanks and the use of LNG as a fuel for ship propulsion, as well as a wide range of services.

Simple User Interface: The deciding factor in selecting Determine’s Procurement Solution
Among the procurement tools available on the market, the Determine Cloud Platform stood out for its:

  • Intuitive user interface

  • Seamless interface with GTT’s existing accounting system

  • Ability to manage complex business processes

  • Ease of configurability, giving platform administrators a high level of autonomy and process adaptability

“Determine is an easy-to-use tool, and ergonomics have been an important choice. A month after go-live, the first returns are positive. Our users emphasize the ease of use and the time savings provided by Determine. They particularly appreciate the ability to approve purchase requests in two clicks directly from their emails,” Pauline Gerard, Purchasing Manager at GTT (Gaztransport & Technigaz) said.

The Determine implementation at GTT extends from Purchasing to Finance. To ensure the smooth running of the project and that requests from both departments are taken into account, a Finance Manager has been appointed in addition to a Purchasing Project Manager. This collaborative responsibility ensures that the solution workflows and settings match the needs of each functional area.

“The strength of GTT has been its ability to put in place concrete actions that enable successful Purchasing / Finance collaboration to ensure the success of this project. We are happy to support the digital transformation of GTT and contribute to the alignment and success of their Purchasing and Finance departments,” Gérard Dahan, chief revenue offier at Determine said.

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