Corcentric

Corcentric, founded in 1996, provides B2B commerce solutions for enterprises and middle-market companies. Its offering combines software, integrated managed services and strategic advisory, aimed at optimising financial operations across procurement, accounts payable, accounts receivable and fleet management. The company operates globally and serves customers in transportation, manufacturing, healthcare and food and beverage.

At the core of the business are two platforms. The Source-to-Pay Platform streamlines procurement and accounts payable processes; the Order-to-Cash Platform does the same for accounts receivable and payments. Fleet Management Solutions extend the suite. Together these process more than $105 billion in transaction volume annually, connecting some 450,000 buyers and 1.4m suppliers. Engineering work spans B2B financial automation, AI-powered intelligent applications, real-time analytics and cloud-native infrastructure, alongside automation of procurement and billing processes.

Corcentric has grown in part through acquisitions, among them Determine, Netsend, Source One and Vendorin. The company states a mission of reducing the cost of doing business so that customers can invest in sustainable growth, describes its approach as customer-centric, and reports recognition as a great place to work and as a leader in strategic B2B processes.