CORCENTRIC


Associated tags: Fortune 1000, Corcentric, LLC, AP

Locations: FRANCE, CHERRY HILL, NJ, US, AR, NORTH CAROLINA

Corcentric Awarded IDC 2022 SaaS Customer Satisfaction Award for Accounts Payable

Retrieved on: 
Tuesday, December 6, 2022

CHERRY 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.

Key Points: 
  • CHERRY 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 IDC SaaS CSAT Award recognizes leading SaaS companies with the highest customer satisfaction scores based on IDC’s global SaaSPath Survey of about 2,400 organizations across all geographic regions and company sizes.
  • “In their responses, Corcentric’s clients expressed relatively high satisfaction along the majority of the 30 IDC customer satisfaction evaluation metrics.
  • Corcentric is a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and mid-market companies.

CFOs increase fintech investments to improve cash management and business operations, according to new Corcentric and PYMNTS report

Retrieved on: 
Tuesday, November 15, 2022

According to the report, to align with market changes, CFOs priorities and investments are shifting.

Key Points: 
  • According to the report, to align with market changes, CFOs priorities and investments are shifting.
  • They are relying on the financial benefits recouped here to reinvest in innovation projects and business expansion.
  • According to the report, CFOs revealed that implementing digital technologies was key to successfully navigating the last two years economic challenges.
  • CFOs indicate a change in strategic investments in this area, with reducing costs dropping 15 percentage points in importance, while business expansion doubled.

Spend Matters Names Corcentric an Industry-Leading 2022 Procurement Provider to Know

Retrieved on: 
Thursday, November 3, 2022

CHERRY 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.

Key Points: 
  • CHERRY 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.
  • Now in its ninth year, the 2022 Procurement Providers to Know list recognizes the best-in-class companies in the procurement and supply chain market.
  • Spend Matters identified Corcentric as a company leading the charge on new procurement technologies and services and setting the industry standard.
  • Were proud to be recognized by Spend Matters again this year, said Matt Clark, President and Chief Operating Officer at Corcentric.

Nancy Pearson Joins Corcentric as Chief Marketing Officer

Retrieved on: 
Wednesday, October 19, 2022

CHERRY 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).

Key Points: 
  • CHERRY 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.
  • Pearson has extensive experience driving growth and transformation in enterprise software at IBM and with private equity backed SaaS start-ups.
  • She will be responsible for leading the strategy, development, and execution of all global marketing initiatives to generate revenue and increase brand recognition for Corcentric.

Corcentric to Present at the William Blair Growth Stock Conference

Retrieved on: 
Friday, June 3, 2022

As previously announced on December 10, 2021, Corcentric and North Mountain announced that they have entered into a definitive agreement to consummate a business combination (the "Transaction").

Key Points: 
  • As previously announced on December 10, 2021, Corcentric and North Mountain announced that they have entered into a definitive agreement to consummate a business combination (the "Transaction").
  • Upon the closing of the Transaction, the combined entity (the "Company") will be named Corcentric Inc. and will become a publicly traded company.
  • The Company's common stock is expected to be listed on the Nasdaq Global Market.
  • Corcentric is a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and middle-market companies.

Corcentric Named a Global Procurement Leader in 2022 ISG Provider Lens™ Report

Retrieved on: 
Monday, April 11, 2022

CHERRY HILL, N.J., April 11, 2022 /PRNewswire/ -- Corcentric, a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and middle-market companies, announced today that Information Services Group (ISG) has recognized the company as a global leader in its Procurement Software Platforms and Solutions Provider Lens™ Midmarket and Large Accounts report. Of the 50 U.S. providers ISG reviewed, Corcentric is one of nine companies attaining leader recognition.

Key Points: 
  • Annual industry research examines procurement providers' strategy, innovation, portfolio depth, and more
    CHERRY HILL, N.J., April 11, 2022 /PRNewswire/ -- Corcentric , a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and middle-market companies, announced today that Information Services Group (ISG) has recognized the company as a global leader in its Procurement Software Platforms and Solutions Provider Lens Midmarket and Large Accounts report .
  • As part of its go-to-market positioning, Corcentric has an extensive procurement platform emphasizing the preservation of customers' working capital.
  • The annual ISG Provider Lens is a practitioner-led service provider comparison based on neutral, independent market research and vendor evaluations and enterprise buying behavior segmentation.
  • Corcentric is a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and middle-market companies.

Corcentric and North Mountain Merger Corp. to Host Virtual Analyst Day on April 7, 2022

Retrieved on: 
Tuesday, March 29, 2022

As previously announced on December 10, 2021, Corcentric and North Mountain announced that they have entered into a definitive agreement to consummate a business combination (the "Transaction").

Key Points: 
  • As previously announced on December 10, 2021, Corcentric and North Mountain announced that they have entered into a definitive agreement to consummate a business combination (the "Transaction").
  • Corcentric is a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and middle-market companies.
  • However, while North Mountain or Corcentric may elect to update these forward-looking statements at some point in the future, North Mountain and Corcentric specifically disclaim any obligation to do so.
  • In addition, the documents filed by North Mountain may be obtained free of charge from North Mountain at www.nmmergercorp.com .

B2B Payments Provider Vendorin Rebranded as Corcentric Payments

Retrieved on: 
Monday, January 31, 2022

CHERRY HILL, N.J., Jan. 31, 2022 /PRNewswire/ --Corcentric, a global provider of business spend management and revenue management software and services, announced today it has rebranded Vendorin , its B2B payments solution subsidiary acquired in 2020, as Corcentric Payments.

Key Points: 
  • CHERRY HILL, N.J., Jan. 31, 2022 /PRNewswire/ --Corcentric, a global provider of business spend management and revenue management software and services, announced today it has rebranded Vendorin , its B2B payments solution subsidiary acquired in 2020, as Corcentric Payments.
  • According to a survey from PYMNTS.com and Corcentric , 71% of CFOs have increased their use of digital payments since the pandemic's onset.
  • Vendorin's rebranding as Corcentric Payments comes a year after the company's unification of source-to-pay software provider Determine, e-billing provider Netsend, and strategic sourcing services provider Source One under the Corcentric nameall former acquisitions.
  • Today, Corcentric provides a suite of Source-to-Pay and Order-to-Cash solutions along with a proprietary B2B payments network comprising nearly half a million buyers and three times as many suppliers.

Pandemic Unmasks Companies' Lack of Real-Time Cash Flow Insights, AR and AP Visibility and Control

Retrieved on: 
Tuesday, January 25, 2022

"For companies to meet business goals, they must prioritize optimizing AR and AP systems and processes as much as revenue growth and customer experience."

Key Points: 
  • "For companies to meet business goals, they must prioritize optimizing AR and AP systems and processes as much as revenue growth and customer experience."
  • Finance teams said they help accomplish these goals through cash flow optimization (71%), digitizing and automating processes (64%), and digitizing payments (57%).
  • Yet, current AR and AP processes and systems provide a poor experience and limit financial leaders' view of cash flow.
  • Many companies still struggle with a lack of payment digitization (51%), lack of AR and/or AP automation (49%), manual payment processes (46%), and disconnected AR and AP processes (44%).

Corcentric, a Leading B2B Network that Transforms How Companies Purchase, Pay, and Get Paid, to Become Publicly Listed Through a Business Combination with North Mountain Merger Corp.

Retrieved on: 
Friday, December 10, 2021

Doug and his team have developed a leading B2B commerce platform focused on transforming how businesses purchase, pay, and get paid.

Key Points: 
  • Doug and his team have developed a leading B2B commerce platform focused on transforming how businesses purchase, pay, and get paid.
  • We look forward to partnering with Corcentric's management team at this exciting inflection point in the company's growth," said Chuck Bernicker, CEO of North Mountain.
  • The Transaction has been unanimously approved by the Boards of Directors of both Corcentric and North Mountain.
  • In addition, the documents filed by North Mountain may be obtained free of charge from North Mountain at www.nmmergercorp.com .