OverviewSuggest Edit

Corcentric is a provider of procurement and finance solutions that transform how companies purchase, pay, and get paid. Corcentric's procurement and accounts payable, and accounts receivable solutions empower companies to spend smarter, optimize cash flow, and drive profitability.

TypePrivate
Founded1998
HQCherry Hill, NJ, US
Websitecorcentric.com
Employee Ratings3.7
Overall CultureF

Latest Updates

Employees (est.) (Jul 2021)478(+2%)
Job Openings24
Revenue (Y, 2018)$103 M
Cybersecurity ratingCMore

Key People/Management at Corcentric

Douglas W. Clark

Douglas W. Clark

Founder, Chief Executive Officer, + Chairman
Matt Clark

Matt Clark

President + Chief Operating Officer
Mark P. Joyce

Mark P. Joyce

Executive Vice President + Chief Financial Officer
Fritz Smith

Fritz Smith

Chief Revenue Officer
Daniel Andrew

Daniel Andrew

Senior Vice President, Enterprise Sales, Vice President, Strategic Accounts
Sunil Padiyar

Sunil Padiyar

Chief Technology Officer
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Corcentric Office Locations

Corcentric has offices in Cherry Hill, Atlanta, Broadview Heights, Chicago and in 8 other locations
Cherry Hill, NJ, US (HQ)
200 Lake Dr E Suite 200
Atlanta, GA, US
900 Circle 75 Pkwy #1240
Broadview Heights, OH, US
9150 S Hills Blvd #260
Chicago, IL, US
325 W Huron St #207
Coral Springs, FL, US
12530 W Atlantic Blvd
Downers Grove, IL, US
2651 Warrenville Rd #560
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Corcentric Financials and Metrics

Summary Metrics

Founding Date

1998

Corcentric total Funding

$80 m

Corcentric latest funding size

$80 m

Time since last funding

a year ago

Corcentric investors

Corcentric's latest funding round in May 2020 was reported to be $80 m. In total, Corcentric has raised $80 m
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Corcentric Revenue

Corcentric's revenue was reported to be $103 m in Y, 2018
USD

Revenue (Y, 2018)

103.0m
USDY, 2018

Revenue

103.0m
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Corcentric Operating Metrics

Corcentric's Enterprise Customers was reported to be 2 k in May, 2020.
May, 2020

Enterprise Customers

2 k

Yearly Transactions' Volume

$500 b
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Corcentric Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Corcentric Online and Social Media Presence

Embed Graph

Corcentric Company Culture

  • Overall Culture

    F

    39/100

  • CEO Rating

    F

    40/100

  • Compensation

    F

    10/100

  • Diversity

    F

    40/100

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Corcentric News and Updates

Corcentric Appoints Chief Revenue Officer to Accelerate Global Growth

CHERRY HILL, N.J., Oct. 26, 2020 /PRNewswire/ -- Corcentric, a leading provider of business spend management and revenue management software and services, announced the appointment of Fredrick "Fritz" Smith as Chief Revenue Officer. In the newly established role, Fritz Smith will serve as...

Corcentric COO Matt Clark Addresses the Growing ROI of B2B Payments

CHERRY HILL, N.J., Sept. 9, 2019 /PRNewswire/ -- The payables industry presents tremendous opportunity for innovation and revenue generation, but is often hobbled by legacy systems and processes that limit company growth. During the PYMNTS Executive Forum in New York City on Tuesday,...

Report from Ardent Partners and Corcentric predicts a new type of intelligence will transform how AP operates

CHERRY HILL, N.J., June 26, 2019 /PRNewswire/ -- Accounts Payable (AP) leaders must leverage technology and the data it captures in order to transform themselves into intelligent operations, according to Ardent Partners' new whitepaper 'The State of ePayables 2019: Driving Value in the...

Corcentric Blogs

Finance Transformation Can Accelerate Business Growth

Transforming back-office finance functions can help companies meet their goals to maximize efficiencies, optimize business processes, and reduce costs. The post Finance Transformation Can Accelerate Business Growth appeared first on Corcentric.

Make Supply Chain Finance Part of an Integrated Procure-to-Pay Strategy

Supply chain finance is gaining traction as a way for businesses to improve working capital and access cash trapped in their supply chain. The post Make Supply Chain Finance Part of an Integrated Procure-to-Pay Strategy appeared first on Corcentric.

It’s Been a Great Year for Corcentric. Thank You to All Who Made It Possible

A holiday wish from Corcentric’s CEO includes details of the exciting accomplishments made by the company in 2018. The post It’s Been a Great Year for Corcentric. Thank You to All Who Made It Possible appeared first on Corcentric.

E-Invoicing and P2P Systems Create a Culture of Connectivity between Buyers and Suppliers

Optimizing automated procure-to-pay solutions to gain control over working capital depends upon breaking down the barriers between buyers and sellers, as well as eliminating business silos of procurement and accounts payable. The post E-Invoicing and P2P Systems Create a Culture of Connectivity betw…

When It Comes to Capital Equipment Financing, Know Your Options

Know your options when it comes to deciding how to finance your capital equipment acquisitions. First you need to know the total cost of ownership. Here’s how… The post When It Comes to Capital Equipment Financing, Know Your Options appeared first on Corcentric.

Corcentric Honors Innovation and the Entrepreneurial Spirit

Corcentric congratulates the winners of the second annual Corcentric Case Competition for the University of Maryland’s Honors College Entrepreneurship and Innovation Program. The topic for this year's competition: how AI adds customer value to products and services The post Corcentric Honors Innovat…
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Corcentric Frequently Asked Questions

  • When was Corcentric founded?

    Corcentric was founded in 1998.

  • Who are Corcentric key executives?

    Corcentric's key executives are Douglas W. Clark, Matt Clark and Mark P. Joyce.

  • How many employees does Corcentric have?

    Corcentric has 478 employees.

  • What is Corcentric revenue?

    Latest Corcentric annual revenue is $103 m.

  • What is Corcentric revenue per employee?

    Latest Corcentric revenue per employee is $215.5 k.

  • Who are Corcentric competitors?

    Competitors of Corcentric include Chain IQ Group, Zycus and AfterPay Touch.

  • Where is Corcentric headquarters?

    Corcentric headquarters is located at 200 Lake Dr E Suite 200, Cherry Hill.

  • Where are Corcentric offices?

    Corcentric has offices in Cherry Hill, Atlanta, Broadview Heights, Chicago and in 8 other locations.

  • How many offices does Corcentric have?

    Corcentric has 12 offices.