Corcentric

Corcentric is a cloud-based platform designed to streamline financial processes for medium to large organizations. It provides comprehensive solutions for accounts payable, procurement, and billing, helping businesses improve cash flow visibility and ensure compliance across purchasing and payments.

The platform offers robust features for purchase order management, automating the creation, tracking, and approval of purchase orders to ensure compliance with organizational budgets and vendor agreements. Additionally, Corcentric simplifies accounts payable automation with tools for automated invoice capture, matching, and approval workflows. This reduces manual effort and enhances efficiency in financial workflows.

Corcentric also provides spend management capabilities, offering real-time visibility into spending patterns. This helps organizations uncover cost-saving opportunities and make informed financial decisions. The platform includes a suite of payment solutions, such as ACH, virtual cards, and check processing, ensuring timely vendor payments. Furthermore, Corcentric integrates seamlessly with ERP and accounting systems, facilitating end-to-end financial management and ensuring smooth collaboration between procurement and finance teams.