Carmel, IN and Paris, France August 9, 2017 – Determine, Inc. (NASDAQ: DTRM), the pioneering leader in global Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) Cloud Platform solutions, is helping leading French retail group Monoprix achieve flexibility, simplicity and ease of use on the Determine Cloud Platform.
Monoprix is a leader in city-center shopping, with locations in over 250 cities in France through its six branded stores. A subsidiary of Casino, Monoprix owns over 700 stores and has a workforce of 21,000 employees. Its 2016 business reached €5 billion (including franchises).
Monoprix deployed Determine’s integrated Procurement Solution on the Determine Cloud Platform to leverage the agility and time to go-live which are hallmarks of Determine. Key attributes defined by Monoprix include:
- Fast Implementation: The very rapid implementation of the Determine Cloud Platform in just four months has ensured the retail group’s continuity of service thanks to the simplicity of retrieving data from the existing platform.
- Flexibility: Through seamless integration with SAP, Determine’s Procurement Solution sends budget information via Web Services to ensure uninterrupted workflows.
- Simplicity of Use: Inspired by Amazon, the user interface on the Determine Cloud Platform, configurable tailored to each user, offers an intuitive experience that accelerates immediate adoption, along with the leading-edge design of catalog management.
- Simplicity of Administration: One of the Determine Cloud Platform’s strengths, a powerful rule engine that simplifies the setting of parameters, offers great agility and responsiveness to dynamic business needs and developments (change of organization, approval workflows, purchase terms, etc.).
“There are few global corporate names bigger than Monoprix in food and lifestyle retailing, and we’re excited to help accelerate their global success and achieve Platformance through the Determine Cloud Platform. Using our vast experience in the retail category – a highly competitive and regulated industry sector – we look forward to providing Monoprix with every advantage possible on the Determine Cloud Platform.”
— Patrick Stakenas, President and CEO, Determine, Inc.
In addition to the challenge of ensuring continuity of service, the expected benefits in terms of efficiency and simplification for point-of-sale merchants via the Determine solution ensure better use of resources to support the growth of Monoprix.
“Determine is proud to be part of the Monoprix journey, bringing shared commitment and positive values to their success.”
— Xavier Pierre-Bez, Director, Value Engineering EMEA, Determine, Inc.
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About Monoprix
Monoprix is a leader in downtown commerce with a presence in more than 250 cities in France through its six brands. As a subsidiary of the Casino group, Monoprix has more than 650 stores with a workforce of 21,000, and realized €5 billion in activity in 2016. For more information: https://entreprise.monoprix.fr
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About Corcentric
Corcentric is a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and middle-market companies. Corcentric delivers software, advisory services, and payments focused on reducing costs, optimizing working capital, and unlocking revenue. To learn more, please visit corcentric.com.