The $80 million capital raise will support Corcentric's product innovation and solution integration efforts as the company continues its global expansion; helping businesses reduce costs and spend more efficiently.
Key Points:
- The $80 million capital raise will support Corcentric's product innovation and solution integration efforts as the company continues its global expansion; helping businesses reduce costs and spend more efficiently.
- Through its Corcentric Platform, Corcentric today is uniquely able to offer a suite that empowers companies to spend smarter, optimize cash flow, and realize significant value.
- Corcentric supports almost $500 billion of annual B2B commerce across more than 2,000 customers in manufacturing, transportation, wholesale/distribution, retail, healthcare, and financial services end markets.
- With Sagemount's support, Corcentric is well positioned to consolidate the disparate solutions and services that make up the AP and AR markets today."
Retrieved on:
Wednesday, April 22, 2020
Spend Matters routinely reviews the latest procurement technology and service offerings to help organizations make wise and effective vendor selection decisions.
Key Points:
- Spend Matters routinely reviews the latest procurement technology and service offerings to help organizations make wise and effective vendor selection decisions.
- "We are proud and excited to be recognized yet again by Spend Matters, and included in 2020 50 Providers to Know , our second year after graduating from the prestigious 50 Providers to Watch list," said Matt Clark, President and COO of Corcentric.
- The 50 Providers to Know lists are the result of deep analysis and corroboration among all Spend Matters analysts and reflect the publication's unbiased, independent view of the organizations to know and watch.
- Companies named as 50 Providers to Know are independently selected, with a focus on innovation, market presence, tech competency and solution delivery.
Spend Matters' SolutionMap allows buying organizations to compare procurement technology vendors at a platform level rather than by solely reviewing technological capabilities and features.
Key Points:
- Spend Matters' SolutionMap allows buying organizations to compare procurement technology vendors at a platform level rather than by solely reviewing technological capabilities and features.
- "SolutionMap is the great equalizer between buyers and sellers of procurement technology solutions," says Jason Busch, Founder, Spend Matters.
- Determine, a Corcentric company, is a leading global provider of SaaS Source-to-Pay and Contract Lifecycle Management solutions.
- Corcentric was named a 2019 '50 Providers to Know' by Spend Matters and a leader in IDC MarketScape: Worldwide SaaS and Cloud-Enabled Accounts Payable Automation 2019.
The Corcentric Global Alliances Program is open to private equity, advisory, system integrator, technology, and reseller partners.
Key Points:
- The Corcentric Global Alliances Program is open to private equity, advisory, system integrator, technology, and reseller partners.
- All partners are assigned a Corcentric account manager, receive access to training materials, and are required to go through a certification process.
- We recognize companies have many options when selecting a partner and Corcentric's Global Alliance Program was designed to be flexible, simple, and profitable for our partners, enabling them to grow their business with our expanding portfolio of solutions and services," said Sean Regan, Senior Vice President of Global Alliances for Corcentric.
- Corcentric is a leading provider of source-to-pay, and order-to-cash, and fleet solutions for businesses in the United States and Europe.
Supply chain management,
Business,
Magazines,
Periodicals,
Procurement,
Jim Mattis,
Institute for Supply Management,
Supply chain,
Supply management,
ISM,
Supply management In addition to sponsoring the Institute for Supply Management (ISM)'s Annual Conference, Corcentric's Source-to-Pay team will once again host the ExecIn Forum.
Key Points:
- In addition to sponsoring the Institute for Supply Management (ISM)'s Annual Conference, Corcentric's Source-to-Pay team will once again host the ExecIn Forum.
- ISM2020, the year's premier supply chain event, will take place from April 26-29.
- In addition to thousands of Procurement and Supply Management professionals, the conference welcomes former UN Ambassador Nikki Haley and former Secretary of Defense Gen. James Mattis as keynote speakers.
- All ISM2020 attendees are encouraged to visit Booth #501 to meet Corcentric's industry-leading team and learn more about their approach to spend management.
Retrieved on:
Thursday, December 19, 2019
Cited as a Strong Performer with the highest score possible in the references for usability criterion, The Forrester Wave: Source-To-Contract Suites, Q4 2019 states that Determines usability and implementation support attracts clients.
Key Points:
- Cited as a Strong Performer with the highest score possible in the references for usability criterion, The Forrester Wave: Source-To-Contract Suites, Q4 2019 states that Determines usability and implementation support attracts clients.
- Its a great honor to be cited as a Strong Performer in The Forrester Wave: Source-To-Contract Suites, said Joe Payne, Senior Vice President, Source-to-Pay, for Corcentric.
- Our industryleading cloud solutions for Strategic Sourcing give our customers an uninterrupted flow of information throughout the entire source-to-contract process.
- Download this complimentary report to see why Forrester Research cited Determine as a Strong Performer on the Source-to-Contract market.
Retrieved on:
Thursday, December 12, 2019
Determine, which was acquired by Corcentric in April 2019 , is recognized as a solution leader in Sourcing, as well as being included in the following categories: Supplier Relationship Management and Risk; Strategic Procurement Technologies (Sourcing, Analytics, CLM, and SRM); Spend and Procurement Analytics; Source-to-Pay; Procure-to-Pay; Invoice-to-Pay; E-Procurement; and Contract Lifecycle Management.
Key Points:
- Determine, which was acquired by Corcentric in April 2019 , is recognized as a solution leader in Sourcing, as well as being included in the following categories: Supplier Relationship Management and Risk; Strategic Procurement Technologies (Sourcing, Analytics, CLM, and SRM); Spend and Procurement Analytics; Source-to-Pay; Procure-to-Pay; Invoice-to-Pay; E-Procurement; and Contract Lifecycle Management.
- "It's a privilege to be recognized by Spend Matters in their latest SolutionMap," said Joe Payne, Senior Vice President , Corcentric.
- "SolutionMap is the great equalizer between buyers and sellers of procurement technology solutions," says Spend Matters Founder Jason Busch.
- Corcentric's procurement, accounts payable, and accounts receivable solutions empower companies to spend smarter, optimize cash flow, and drive profitability.
Retrieved on:
Wednesday, November 20, 2019
The 50 Fastest Growing Companies were honored and their rankings revealed during an awards reception and ceremony held on November 14, in Somerset, NJ.
Key Points:
- The 50 Fastest Growing Companies were honored and their rankings revealed during an awards reception and ceremony held on November 14, in Somerset, NJ.
- Doug Clark, Corcentric Chairman and CEO, founded the company in New Jersey more than 20 years ago as AmeriQuest Business Services, which was rebranded as Corcentric in 2018.
- The company has grown through acquisitions and an expanding customer base to more than 6,000 customers and $14.5B in transaction volume.
- Corcentric was named a 2019 '50 Providers to Know' by Spend Matters and a leader in IDC MarketScape: Worldwide SaaS and Cloud-Enabled Accounts Payable Automation 2019.
More and more companies are deploying Source-to-Pay (S2P) solutions in order to streamline their purchasing processes, control spend, gain greater purchasing compliance, mitigate risk and improve savings, says Sophie Pope, Sales Director, UK & Nordics at Determine, a Corcentric company.
Key Points:
- More and more companies are deploying Source-to-Pay (S2P) solutions in order to streamline their purchasing processes, control spend, gain greater purchasing compliance, mitigate risk and improve savings, says Sophie Pope, Sales Director, UK & Nordics at Determine, a Corcentric company.
- Determine, a Corcentric company, is a leading global provider of SaaS Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) solutions.
- The Determine Cloud Platform seamlessly integrates with major ERP or third-party systems such as SAP, Oracle, Sage, QAD and Microsoft.
- Our unified master database and business process approach empower users at every level to make more informed and smarter decisions.
Retrieved on:
Thursday, October 24, 2019
They will analyze what constitutes an optimized ePayables process and how technology is critical to making that happen.
Key Points:
- They will analyze what constitutes an optimized ePayables process and how technology is critical to making that happen.
- Like all areas of procurement, payables is constantly looking to improve process efficiency and enhance deliverables, commented Sudarshan Ranganath.
- The right ePayables technology will help transform and optimize your processes, but only if you know how to navigate the provider landscape.
- Well break down the components of the Ardent Partners 2019 ePayables Technology Advisor to help attendees focus their solution strategies.
