Glossary>Contract Management>Selectica (Determine)

Selectica (Determine)

Selectica (Determine) is a contract lifecycle management (CLM) software that helps organizations manage contracts, procurement, and sourcing processes. It streamlines contract creation, negotiation, execution, and compliance to enhance efficiency and reduce risks.

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About Selectica (Determine)

Selectica was founded in 1996 as a provider of sales configuration solutions. Over time, it expanded its offerings to include contract lifecycle management (CLM) and procurement solutions. In 2015, Selectica acquired Iasta and b-pack, rebranding itself as Determine to reflect its broader focus on source-to-pay and enterprise contract management.

Strengths of Selectica (Determine) included robust contract lifecycle management, integration capabilities, and comprehensive source-to-pay solutions. Weaknesses involved a complex user interface and higher implementation costs. Competitors included SAP Ariba, Coupa, and Icertis.

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How to hire a Selectica (Determine) expert

A Selectica (Determine) expert must have skills in contract lifecycle management, proficiency in using the Determine platform, knowledge of procurement and sourcing processes, expertise in data integration and workflow automation, and experience with SQL for database management.

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