Corcentric Launches Enhanced International Tax Management Engine for Accounts Payable CustomersPowerful Module Brings Comprehensive Global Compliance and Broad Support for Diverse Tax Models Around the World
Corcentric Named a Spend Matters Top 50 Procurement Provider to Know for the Sixth Straight YearCHERRY HILL, N.J., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Corcentric, a leading global provider of best-in-class procurement and finance solutions, announced today that the company has been named by Spend Matters as one of the ‘Top 50 Providers to Know’ for the sixth consecutive year. The distinguished list recognizes the best-in-class companies in the procurement and supply chain market. Vendors listed are independently selected by the analyst team over multiple rounds of debate, focusing on factors such as innovation, market presence, tech competency, and solution delivery.
Corcentric Appoints Manoj Narayan as Senior Vice President of Order-to-Cash, Payments, and Data Product ManagementCHERRY HILL, N.J., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Corcentric, a leading global provider of best-in-class procurement and finance solutions, announced today that Manoj Narayan has joined the organization as senior vice president of Product Management, with responsibilities for Corcentric’s Order-to-Cash (O2C), Payments, and Data products within the portfolio.
Caleb Henley Named Vice President of Sales for Corcentric Capital Equipment SolutionsCHERRY HILL, N.J., July 29, 2024 (GLOBE NEWSWIRE) -- Corcentric, a leading global provider of best-in-class procurement and finance solutions, announced today that Caleb Henley has been appointed as vice president of sales for Corcentric Capital Equipment Solutions. In this role, Henley will be responsible for helping fleet companies procure capital assets and analyze fleet operations to optimize the total cost of ownership.
Apollo Tires Hits the Road with Corcentric’s Managed Accounts Receivable Services to Drive GrowthCorcentric to Offer Streamlined Guaranteed Payments and Enhanced Working Capital for Tire Manufacturer
LDSK Selects Corcentric’s Managed Accounts Receivable Services to Spur Company ExpansionCorcentric platform and expertise to allow media scheduling company to increase working capital efficiencies and focus on strategic initiatives
Corcentric to Streamline Travel Booking Processes for CTS Systems with Managed Accounts Receivable ServicesDigitized invoice and payments infrastructure brings convenience, efficiencies, and speed to hotel and booking agent interactions
Corcentric Receives High Marks in Key Categories of Spend Matters Spring 2024 SolutionMapTop Rankings in Accounts Payable, Payments, and Procurement Services Achieved After Rigorous Functionality and Capability Assessment
Corcentric Enhances AP Invoice Processing with New Generative AI CapabilitiesIncreases touch-free verification, quickens error and fraud detection, resolves poor quality invoice issues, and extracts uncommon data
Carrolton Facility Management Achieves Efficiencies with Corcentric’s Managed Accounts Payable and Payments SolutionsStreamlined back-office processes enable growing North Carolina skilled nursing home network to focus on superior patient care
Corcentric and IMG Celebrate 10-year Partnership as IMG Collective Procurement Spend Returns to Pre-pandemic LevelsBusiness surges for International Motorcoach Group as they mark 25 years as the premier ground transportation collective
Corcentric and Riteload Partner to Offer Managed Payments to Carriers and Shippers on PlatformCHERRY HILL, N.J., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Corcentric, a leading global provider of best-in-class procurement and finance solutions, announced today a partnership with Riteload, a freight matching platform for the trucking industry, to provide Managed Payments services for carriers and shippers.
Corcentric Named a Spend Matters Top 50 Procurement Provider to KnowFifth straight year of recognition as a best-in-class company in the procurement and supply chain market
Matt Clark Named Corcentric CEOCHERRY HILL, N.J., July 11, 2023 (GLOBE NEWSWIRE) -- Corcentric, a leading global provider of best-in-class procurement and finance solutions, announced today that Executive Chairman Doug Clark has named Matt Clark CEO of the company. As president and CEO, Clark will lead long-term strategic initiatives that advance Corcentric’s business growth and market position, as well as oversee all daily operations across business lines and functions. A 19-year Corcentric veteran, he has also held senior roles within sales and operations in addition to his recent duties as president and COO.
Corcentric Secures $315 Million Senior Credit FacilityCHERRY HILL, N.J., June 13, 2023 (GLOBE NEWSWIRE) -- Corcentric, a leading global provider of best-in-class procurement and finance solutions, announced today it secured a new $315 million senior credit facility. The capital raise consists of a $250 million senior secured asset-based loan revolver from Bank of America and JPMorgan Chase & Co. and a $65 million term loan from TCW Private Credit Group.
Corcentric Unveils New Corporate Brand Aligned with Unique Value PropositionFocus on strong client partnerships and industry-leading financial technology solutions highlight business evolution
Strong First Quarter Caps Year of Business Growth for CorcentricTechnology advancements and key leadership appointments drive global expansion and enhanced strategy
Corcentric Named Leader in ISG Provider Lens™ Procurement BPO and Transformation Consulting ServicesCHERRY HILL, N.J., April 17, 2023 (GLOBE NEWSWIRE) -- Corcentric, a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and mid-market companies, announced today that it has been recognized as a Leader in the 2023 ISG Provider Lens™ Procurement BPO and Transformation Services Global Report.
Corcentric Names Chuck Bernicker as Chief Financial OfficerCHERRY HILL, N.J., March 28, 2023 (GLOBE NEWSWIRE) -- Corcentric, a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and mid-market companies, announced today that Chuck Bernicker has joined the organization as chief financial officer. In this role, he will be responsible for Corcentric’s financial goals, management, and strategy.
Corcentric Appoints Financial Technology Veteran Jeff Shanahan to its Board of DirectorsCHERRY HILL, N.J., March 15, 2023 (GLOBE NEWSWIRE) -- Corcentric, a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and mid-market companies, announced today that Jeff Shanahan has been appointed to the company’s Board of Directors.
IDC MarketScape Names Corcentric a ‘Major Player’ in Saas and Cloud-Enabled Procurement ApplicationsCHERRY HILL, N.J., March 02, 2023 (GLOBE NEWSWIRE) -- Corcentric, a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and mid-market companies, announced today that it has been named as a ‘Major Player’ in the IDC MarketScape: Worldwide SaaS and Cloud-enabled Procurement Applications 2023 Vendor Assessment, Doc #US48785722, March 2023.
Corcentric Capital Equipment Solutions Promotes Jason Forward to Vice President of Remarketing, Strategic & National AccountsCHERRY HILL, N.J., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Corcentric Capital Equipment Solutions (CCES), a business of Corcentric and leading provider of capital equipment, fleet procurement, supply management, and remarketing services, announced today the promotion of Jason Forward to Vice President of Remarketing, Strategic and National Accounts for CCES. In this expanded role, Forward is responsible for forging strategic relationships that have resulted in the expansion of remarketing services and acquisition of new lenders that enable sales of used equipment.
Everest Group Names Corcentric a Major Contender on its PEAK Matrix® for Finance and Accounting Outsourcing Service Providers 2022CHERRY HILL, N.J., Dec. 13, 2022 (GLOBE NEWSWIRE) -- Corcentric, a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and mid-market companies, announced today that Everest Group has recognized Corcentric as a Major Contender on its proprietary PEAK Matrix framework for assessing Finance and Accounting Outsourcing (FAO).
Corcentric Awarded IDC 2022 SaaS Customer Satisfaction Award for Accounts PayableCHERRY HILL, N.J., Dec. 06, 2022 (GLOBE NEWSWIRE) -- Corcentric, a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and mid-market companies, announced today that it has been awarded the IDC 2022 SaaS Customer Satisfaction Award for Accounts Payable. The company achieved the highest scoring group for vendors serving the software-as-a-service AP application market.
CFOs increase fintech investments to improve cash management and business operations, according to new Corcentric and PYMNTS reportCHERRY HILL, N.J., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Corcentric, a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and mid-market companies, and PYMNTS released a new report, “Digitization Strategies: How CFOs are Prioritizing Digital Payments to Maximize Efficiency,” to address how current economic challenges present a new sense of urgency for chief financial officers (CFOs), who say they are prioritizing digital payments and process innovations to navigate businesses’ growth.
Spend Matters Names Corcentric an Industry-Leading 2022 Procurement Provider to KnowCHERRY HILL, N.J., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Corcentric, a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and mid-market companies, announced today that Spend Matters named the company to its list of the 50 Procurement Providers to Know in 2022. It is the fourth consecutive year Corcentric has attained this recognition.
Nancy Pearson Joins Corcentric as Chief Marketing OfficerCHERRY HILL, N.J., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Corcentric, a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and mid-market companies, announced today that Nancy Pearson has joined the company as Chief Marketing Officer (CMO). Pearson joins the Executive Leadership Team and reports to the President and Chief Operating Officer, Matt Clark.
