Corcentric

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, US
Websitecorcentric.com
Employee Ratings3.7
Culture scoreF

Latest Updates

Employees (est.) (May 2020)257

Key People/Management at Corcentric

Douglas W. Clark

Douglas W. Clark

Founder, Chief Executive Officer and Chairman
Matt Clark

Matt Clark

President and Chief Operating Officer
Mark P. Joyce

Mark P. Joyce

Executive Vice President and Chief Financial Officer
Jim Guice

Jim Guice

Executive Vice President
Daniel Andrew

Daniel Andrew

Senior Vice President of Sales
Kate Freer

Kate Freer

Senior Vice President of Marketing
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Corcentric Office Locations

Corcentric has offices in Cherry Hill, Atlanta, Broadview Heights, Carmel and in 10 other locations
Cherry Hill, US (HQ)
200 Lake Dr E #200
Atlanta, US
900 Circle 75 Pkwy #1240
Broadview Heights, US
9150 S Hills Blvd #260
Carmel, US
615 W Carmel Dr #100
Chicago, US
325 W Huron St #207
Coral Springs, US
12530 W Atlantic Blvd
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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

21 days 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 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 Online and Social Media Presence

Embed Graph

Corcentric Company Culture

  • Overall Culture

    F

    36/100

  • CEO Rating

    F

    35/100

  • Compensation

    F

    10/100

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Corcentric News and Updates

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

How Accounts Payable Automation Helps Make Exceptions the “Exception to the Rule”

Handling invoice exceptions can take up to 24% of a processor’s day, creating a considerable burden on the accounts payable department. An automated payables solution can reduce this problem significantly. The post How Accounts Payable Automation Helps Make Exceptions the “Exception to the Rule” app…

P2P Automation Has Transformed the Buyer/Supplier Relationship

Payables automation has transformed the buyer-seller relationship, creating benefits for both. Price is no longer the only measure of success. See how a third party solution provider can make a difference. The post P2P Automation Has Transformed the Buyer/Supplier Relationship appeared first on Corc…

Looming Crisis for Fleets: Unavailability of New Equipment

With freight volume increasing and less new trucks and trailers available, fleets face a looming crisis. It’s essential to make plans to address this crisis sooner rather than later. The post Looming Crisis for Fleets: Unavailability of New Equipment appeared first on Corcentric.

Staffing Up for AP Automation? Don’t Look to Millennials as Your Only Resource

Long-term employees just need to tweak their mindset to understand their own value. Back in August, I wrote a blog dealing with the impact of technology and automation on the long-term job prospects for accounts payable professionals. The surprising find was that the fear of job loss is largely unfo…

Strange but True: AP Automation Doesn’t Necessarily Eliminate Jobs

The biggest fear for many finance professionals is that automation and technology may cost them their jobs. When it comes to finance, that is just not the case. We’ve all seen movies or read stories about a future where machines do all the work and humans become almost ancillary. We do know that rob…

3 E-invoicing Steps that Help Ensure an Accurate 3-Way Match

It’s the “gold standard” of AP, the perfect match of three documents: PO, Receipt of Goods, and Invoice…but it can be extremely elusive. Enter the automated approval workflow solution. In an ideal situation, here is the way the 3-way match normally works: Procurement generates a purchase order, whic…
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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 257 employees.

  • Who are Corcentric competitors?

    Competitors of Corcentric include Zycus, Lans Holdings and Poynt.

  • Where is Corcentric headquarters?

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

  • Where are Corcentric offices?

    Corcentric has offices in Cherry Hill, Atlanta, Broadview Heights, Carmel and in 10 other locations.

  • How many offices does Corcentric have?

    Corcentric has 15 offices.