Bethpage Federal Credit Union Banks on Determine, Inc. to Optimize its Procure-to-Pay Processes
CARMEL, Ind., Nov. 20, 2017 (GLOBE NEWSWIRE) -- Determine, Inc. (NASDAQ: DTRM), the pioneering leader in global Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) Cloud Platform solutions, announced today that Bethpage Federal Credit Union, the largest credit union in the Northeast region and in New York State, has selected Determine for its best-in-class Procure-to-Pay functionality, including eInvoicing, P-Card, and Travel & Entertainment capabilities.
“We selected the Determine Cloud Platform for our P2P and eInvoicing initiative after an extensive review of solutions available in the market,” said Anthony J. Edelman, Assistant Vice President Support Services, Bethpage Federal Credit Union. “Determine offers us the ability to focus on managing critical business processes — procurement, A/P and invoicing - with improved automation, creating greater cross functional efficiencies and savings opportunities."
Bethpage Federal Credit Union is the 16th largest credit union in the nation with over 342,000 members and $7.9 billion in assets.
“Our goal is to help our members lead better, fuller lives through the financial products and services we provide,” continues Edelman. “Operational savings can be returned back to better rates, products, and services.”
Determine Procurement, including procure-to-pay and invoicing, are recognized and highly rated by industry analysts, including Gartner, PayStream and Spend Matters. Determine e-Procurement has ranked as a Value Leader yet again in the Q4 2017 Spend Matters SolutionMapSM as well as being named in seven categories.
“We welcome Bethpage Federal Credit Union to the Determine family. We’re looking forward to leveraging our considerable expertise in the financial services industry to their benefit. Credit Unions operate in a highly competitive and tightly regulated environment. Putting our depth of vertical capabilities to work across their procure-to-pay requirements on the Determine Cloud Platform will provide Bethpage with the advantages they need to maximize savings potential and spend control, while significantly improving their processes.”— Steve Potts, Chief Revenue Officer, Determine, Inc.
About Bethpage Federal Credit Union
Bethpage Federal Credit Union is a premier community financial institution committed to enriching the lives of its members, employees and the communities it serves for the past 75 years. Bethpage is the largest credit union in the Northeast Region, as well as 16th in the nation. Bethpage is a federally chartered credit union who is open to new members that open a membership account with $5 dollars. As a financial cooperative, Bethpage offers the best-in market rates, low fees and world-class service, and a full menu of personal and commercial financial services.
On Long Island, Bethpage maintains branch locations in Albertson, Baldwin, Bay Shore, Bay Shore King Kullen, Bethpage, Centereach, Central Islip, Commack King Kullen, East Meadow NuHealth Medical Center, East Northport, Elmont, Farmingdale, Freeport, Glen Cove, Hempstead, Huntington, Levittown King Kullen, LIU Post (Brookville), Long Beach, Lynbrook, Massapequa, Melville, Mineola, North Babylon, Patchogue, Port Jefferson, Riverhead, Roosevelt, Seaford, Smithtown, Valley Stream King Kullen, West Babylon and Westbury. In New York City, Bethpage maintains a branch location at 111 W 26th Street. Bethpage also offers over 500 surcharge-free ATMs in King Kullen, CVS Pharmacy and Costco locations. For more information on Bethpage’s robust portfolio of banking, borrowing, and investment services, visit www.lovebethpage.com or call 1-800-628-7070.
About Determine, Inc.Determine, Inc. (NASDAQ: DTRM) is a leading global provider of SaaS Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) solutions. The Determine Cloud Platform provides procurement, legal and finance professionals analytics of their supplier, contract and financial performance. Our technologies empower customers to drive new revenue, identify savings, improve compliance and mitigate risk.The Determine Cloud Platform seamlessly integrates with major ERP or third-party systems such as SAP, Oracle, Sage, QAD and Microsoft. Modular solutions can be configured to add more as needed to provide additional value beyond spend management. Our unified master database and business process approach empower users at every level to make more informed and smarter decisions.
For more information, please visit: www.determine.com.
Media Relations: Mike Mitchell Determine Inc. +1.650.532.1590 firstname.lastname@example.orgSource: Determine, Inc.