Corcentric
Corcentric is a provider of Source-to-Pay (S2P) and Order-to-Cash (O2C) solutions designed to help companies optimize their accounts payable, accounts receivable, and fleet management processes. We help businesses reduce costs, improve working capital, and achieve sustainable growth through solutions that integrate software, expert advisors, and finance. With more than 20 years of experience, we serve over 2,000 customers across industries, helping them streamline purchasing and payment processes, control spend, secure transactions, and maximize working capital.
The primary target audience for Corcentric includes finance professionals and organizations seeking to improve their finance and procurement operations. By providing a comprehensive suite of services, Corcentric addresses specific use cases such as automating invoice processing, managing collections, and enhancing procurement efficiency. This enables finance teams to transition from routine transactional roles to strategic partners, allowing them to focus on high-impact activities that drive business success. The solutions provided by Corcentric are particularly beneficial for organizations looking to enhance their cash flow management and improve overall financial visibility.
Key Features and Benefits:
- Order-to-Cash Efficiency: Streamlines accounts receivable operations with electronic invoice presentment and payment (EIPP), collections management, and dispute resolution, accelerating cash flow and improving payment reliability.
- AP Automation and Source-to-Pay: Corcentric automates sourcing, procurement, and invoice processing, supporting end-to-end electronic invoicing and payments to reduce manual processes and improve accuracy.
- Flexible Payment Methods: Supports various payment options, including virtual cards, ACH, ACH+, prepaid debit cards, and checks, to meet diverse financial needs and improve convenience and control.
- Managed Services and Advisory Support: Corcentric provides operational support for tactical purchasing, accounts payable, and accounts receivable processes, allowing teams to focus on strategic goals.
- Enhanced Security and Compliance: Through features like StopFraud™️ payment protection service, Corcentric ensures secure, compliant payment processing, protecting organizations against fraud and payment risks.
We help finance professionals move beyond manual, transactional tasks by providing automation and streamlined processes that increase efficiency and accuracy. Our solutions enable finance teams to focus on strategic initiatives like planning, analysis and decision making. With enhanced visibility into financial data, users can make more informed decisions that align with business goals. We are committed to delivery measurable results and fostering long-term partnerships that drive business success.
