Corcentric's suite of process optimization and automation solutions for Procurement, Accounts Payable, and Billing help businesses improve the way they pay, purchase, and get paid.
Corcentric is a leading provider of automation solutions for Procurement and Finance. They reduce costs, optimize processes, and provide a competitive advantage.
Since 1996, more than 6,000 customers from the middle market to the Fortune 1000 have trusted Corcentric to help them reduce costs by streamlining and automating their processes. Regardless of industry, organizations trust Corcentric’s cost reduction team to help them spend smarter and drive long-term growth. Optimized Procurement and Financial processes empower Corcentric’s clients to do more for their customers, stand out within their industry, and reach their full strategic potential.
Corcentric’s Procurement solutions are driven by the idea that smarter purchasing makes for better business. Their suite of solutions include Fleet Procurement Services, Capital Equipment Solutions, Warehouse Management Services, and support for everyday indirect procurement.
Their Accounts Payable solutions automate the entire purchase-to-pay cycle for easier purchasing and faster invoicing. Automation provides customers with 100% spend visibility, reduces processing costs, and helps strengthen relationships across the supply chain. The flexible, accessible solution is not just powerful, but simple for any organization to employ.
Corcentric also provides billing solutions that reduce complexity in B2B transactions. They streamline Accounts Receivable’s processes by automating each step. Electronically connecting buyers and sellers, the cloud-based network provides paperless invoices, total spend visibility, and insights for driving cost reduction.
The Procurement and Finance experts at Corcentric know that achieving your goals means transforming and eliminating inefficient processes. Corcentric helps organizations reach their potential by unlocking hidden value:
- Improve Cash Flow: Corcentric provides full visibility into every invoice from PO to payments. Customers know exactly how much money is flowing in and out of their business at all times.
- Eliminate Manual Processes: Corcentric’s automated solutions reduce costs, increase efficiency, and provide spend visibility by replacing manual and paper-based processes.
- Improve Working Capital: Corcentric offers insight into assets and liabilities with real-time visibility. Customers are empowered to better manage working capital and make smarter decisions for faster growth.
- Spend Smarter: Corcentric’s technology and the aggregate buying power of its customers make it simple to achieve significant savings and gain greater insight into all areas of spend.
- Improve Supplier Relationships: Corcentric helps companies eliminate disputes and late payments with its Accounts Payable automation solution. They provide suppliers and buyers with real-time visibility into invoice and payment status
- Manage Fleet Spend Better: Corcentric’s Fleet Procurement experts help organization’s optimize the total cost of Fleet operation, utilization, and purchasing with fully-customized strategies.
In 2018, Corcentric acquired Source One Management Services. Together they help organizations eliminate inefficiency, increase profitability, and grow more strategically valuable.
Learn More About Corcentric’s AP Automation, Procurement, and Billing Solutions