CICorcentric, Inc. logo

Corcentric, Inc.

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FintechSoftware + Servicescorcentric.comCherry Hill, NJ, United StatesUpdated

Corcentric helps organizations improve financial and operational performance through expertise, managed services, and technology.

Overview

Corcentric helps organizations address complex financial and operational challenges through industry expertise, managed services, and technology. It supports businesses seeking to reduce costs, improve cash flow and working capital, and operate more efficiently, with capabilities in fleet management and accounts receivable.

Mission statement

Our mission is to remove friction from the complex financial and operational processes that impact business performance.

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What we offer

Source To Pay

Streamline procurement and finance processes to enhance efficiency and control over spending.

corcentric.com →

Order to Cash

Enhances cash flow and optimizes collections through automated order-to-cash processes.

corcentric.com →

Corcentric Business Network

Streamlines business processes for improved efficiency and decision-making.

corcentric.com →

Corcentric Integrations

Seamlessly integrate Corcentric with your business applications to accelerate workflows and improve efficiency.

corcentric.com →

Managed Services

Service

Elevate your finance operations with expert-managed services for procurement, AP, and AR.

corcentric.com →

Strategic Services

Service

Maximize value and efficiency with expert-led strategic advisory services.

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Indirect GPO

Service

Optimize indirect spend control while lowering business costs through Corcentric's Indirect GPO services.

corcentric.com →

Material Handling Procurement & Maintenance

Streamline warehouse equipment procurement and maintenance while maximizing cost efficiencies.

corcentric.com →

Fleet Remarketing

Optimize asset disposal and maximize returns through expert fleet remarketing services.

corcentric.com →

Fleet Supplier Partners

Gain access to over 2,000 customers and streamline your supplier processes.

corcentric.com →

Fleet Procurement (GPO)

Centralizes fleet purchasing to achieve cost savings and operational efficiency.

corcentric.com →

Who do we serve

Global Enterprise Procurement And Finance Leaders

Global enterprises seeking end-to-end procurement and payable automation with unified data.

Geography: Global with focus on North America, Europe, and Asia-Pacific

How we help: Unifies procurement and finance workflows across ERP systems, delivering AI-driven automation and real-time insights to optimize cash flow, supplier collaboration, and procurement efficiency.

Fleet And Transportation Companies

Fleet operators seeking centralized procurement and remarketing to optimize fleet costs.

Geography: Global

How we help: Consolidates fleet purchasing, pricing, and disposition into a single network to reduce total cost of ownership and streamline supplier management.

Indirect Spend Focused Mid-Market

Mid-market organizations seeking negotiated indirect spend terms and easy onboarding.

Geography: Global

How we help: Enables indirect spend optimization through pre-negotiated contracts, simple onboarding, and spend analytics across multiple categories.

Materials Handling And Maintenance Leaders

Warehousing and manufacturing operations seeking centralized procurement for material handling equipment and maintenance.

Geography: Global

How we help: Streamlines material handling procurement and maintenance with national pricing and pre-negotiated programs to lower costs and downtime.

Market segments

Market size by segment

Growth potential (CAGR)

Source-to-pay

8.13 Billion USD11% CAGR

Capabilities that automate and manage end-to-end procurement from sourcing and requisition to invoice and payment, delivering spend visibility, compliance, and supplier collaboration.

Products: Source To Pay, Corcentric Business Network, Corcentric Integrations, Managed Services

Accounts receivable and order to cash

4.2 Billion USD11.3% CAGR

Order-to-cash and receivables automation to accelerate cash collection, centralize billing, enable e-invoicing, and integrate payments for improved cash flow.

Products: Order to Cash, Corcentric Business Network, Managed Services, Corcentric Integrations

Strategic sourcing and category management

3.25 Billion USD9% CAGR

Category planning, strategic sourcing, supplier selection, and category management services that drive cost reduction, supplier value, and long-term category strategies.

Products: Strategic Services, Managed Services, Indirect GPO, Source To Pay

Fleet procurement and remarketing

4 Billion USD14% CAGR

Fleet-focused purchasing, maintenance, supplier programs and remarketing services that provide national pricing, buyer networks, and end-to-end asset disposition to lower total cost of ownership.

Products: Fleet Procurement (GPO), Fleet Remarketing, Fleet Supplier Partners, Material Handling Procurement & Maintenance

Integration and API orchestration

24.4 Billion USD7.4% CAGR

Central integration layers and engineering services that unify channels, cores, third-party providers and payment rails through APIs, data transformation, orchestration and operational controls.

Products: Corcentric Integrations, Corcentric Business Network, Source To Pay

More information about our offering

Source To Pay

A global, integrated Source-to-Pay platform that connects procurement, supplier management, and payment workflows to improve working capital and procurement visibility. This platform encompasses end-to-end sourcing and purchasing workflows, supplier management, and analytics, providing a comprehensive solution for optimizing procurement activities.

  • Reduces Manual Work
    By automating invoice handling, the process becomes faster and less prone to errors, freeing up staff to focus on higher-value activities.
  • Streamlines Supplier Selection
    Enhances purchasing efficiency, ensuring compliance and optimizing spending through a centralized procurement approach.
  • Automate Contract Management
    Simplify the contract process with electronic workflows that enhance visibility and compliance.
  • Increase Procurement Efficiency
    Streamline sourcing activities to achieve better pricing and supplier alignment with procurement goals.
  • Accelerates Payables
    Streamlined payment processes ensure timely supplier payments, improving relationships and lowering operational costs.
  • Improves Cash Flow
    Automatically processing compliant invoices accelerates payment cycles and lowers costs associated with manual processing.
  • Gain Actionable Insights
    Leverage advanced analytics to identify savings opportunities and enhance budget management.
  • Optimizes Upstream Procurement
    Integrates various procurement processes, fostering better negotiation outcomes and effective contract management.
  • Improves Supplier Relationships
    Facilitates proactive supplier engagement, leading to innovation and competitive advantages across procurement.
  • Reduce Compliance Risks
    Implement proactive measures to ensure supplier compliance with regulatory and organizational standards.

Order to Cash

Platform for order-to-cash processes including e-invoicing and accounts receivable automation to improve cash flow and collections. It centralizes workflows related to cash collection, billing, and payment processing, maximizing efficiency and reducing operational risks.

  • Accelerate Cash Collections
    Streamline the accounts receivable workflow to ensure faster cash inflow and minimize discrepancies.
  • Streamline Invoicing Processes
    Allow customers to receive invoices electronically, improving accuracy and reducing processing time.
  • Seamless Payment Processing
    Enhance the payment cycle by integrating with various payment solutions for improved efficiency.
  • Guarantee Timely Payments
    Ensure consistent cash flow by guaranteeing full payment of invoices on time.
  • Simplify Billing Processes
    Reduce complexity by managing billing from a single platform for better financial oversight.

Corcentric Business Network

The Corcentric Business Network is the first AI-native platform that seamlessly connects buyers and suppliers, automates fragmented processes, and transforms transactional data into actionable intelligence. This empowers businesses to operate efficiently and make smarter decisions for tomorrow.

  • Enhance AP Performance
    This feature streamlines the entire accounts payable process by utilizing AI to manage tasks, ensuring faster processing, reduced errors, and improved cash flow.
  • Automate Tasks Using AI
    Gopher enhances user efficiency by providing contextual support for procurement and accounts payable, reducing manual effort and increasing productivity.
  • Automate Workflows Seamlessly
    This capability allows businesses to automate workflows, reducing operational complexity and ensuring timely accuracy across transactions.
  • Optimize Spend Workflows
    These applications provide a seamless experience for managing procurement processes by automating key spend workflows, thereby enhancing operational efficiency.
  • Gain Actionable Insights
    Network analytics provide data-driven insights that help businesses make proactive decisions, enhancing overall financial performance.

Corcentric Integrations

Integration framework with pre-built connectors and API-first design to connect ERP, CRM, and finance systems for real-time data flow and governance.

  • Enhance Integration Flexibility
    Facilitate customization and extend workflows with minimal IT intervention.
  • Accelerate Implementation Time
    Reduce the time needed to connect systems and start generating value.
  • Improve Accuracy and Efficiency
    Ensure stakeholders have access to up-to-date information, enhancing decision-making.
  • Mitigate Risk
    Protect sensitive data and ensure compliance with industry regulations.
  • Reduce Manual Work
    Minimize errors and improve processing times across financial operations.
  • Enhance Operational Insights
    Track key metrics to drive continuous improvement in financial processes.

Managed Services

Outsourced management and optimization of procurement, AP, sourcing, and payments workflows to improve efficiency and control. These services provide dedicated support and strategic oversight aimed at enhancing financial performance.

  • Streamline AP Processes
    Managed accounts payable solutions enhance process efficiency, ensuring timely payments and reducing manual tasks.
  • Accelerate Cash Flow
    Corcentric's AR solutions minimize DSO and eliminate bad debt risk through effective management.
  • Optimize Payment Cycles
    Streamline the entire payment process, enhancing supplier relationships and accelerating transaction times.
  • Ensure Payment Security
    Our proactive measures fortify financial processes against fraud, ensuring compliance and security.
  • Enhance Procurement Efficiency
    Advanced procurement solutions ensure efficient sourcing while reducing costs and managing supplier relationships.
  • Increase Spend Under Management
    Expert sourcing strategies lead to enhanced supplier agreements, reducing costs and optimizing value.

Strategic Services

Expert guidance for procurement strategy, category management, and digital transformation to optimize spend and ROI. Includes strategic sourcing and category management services aimed at enhancing procurement effectiveness.

  • Implement Cost Reduction Strategies
    Identify and execute strategies to minimize procurement costs while maximizing value across spend categories.
  • Manage Categories Effectively
    Optimize procurement processes by effectively managing various categories, ensuring alignment with organizational goals.
  • Leverage Data-Driven Insights
    Utilize data analytics to inform sourcing decisions and effectively negotiate competitive pricing.
  • Adopt Digital Tools Seamlessly
    Transform procurement processes by integrating advanced digital tools to enhance efficiency and visibility.
  • Enhance Supplier Collaboration
    Build strong partnerships with suppliers to drive better performance and optimize procurement processes.
  • Cultivate Procurement Leaders
    Empower procurement teams through targeted leadership training and development initiatives.

Indirect GPO

Indirect group purchasing organization offering aggregated volume savings with no upfront costs or commitments. It streamlines procurement for organizations lacking scale, replacing rogue spending with pre-negotiated contracts to achieve better pricing and service levels.

  • Gain Significant Savings
    Access the financial strength of over 2000 members to negotiate preferred pricing across various suppliers.
  • Reduce Overall Procurement Costs
    Benefit from pre-negotiated contracts with leading suppliers for everyday needs, yielding extensive savings.
  • Participate Freely
    Organizations can sign up without any initial fees, making it risk-free.
  • Flexibility in Participation
    Members enjoy the freedom to participate without being bound by minimum purchase volumes.
  • Enhance Procurement Efficiency
    Corcentric's experts provide insights to streamline purchasing processes and enhance value.
  • Ensure Successful Adoption
    Corcentric offers support to ensure members successfully implement solutions and realize savings.

Material Handling Procurement & Maintenance

Material handling equipment procurement and maintenance program with pre-negotiated pricing and national coverage through a nationwide GPO.

  • Increases Cost Savings
    Leverage Corcentric's buying power for lower costs on essential equipment and services, yielding significant savings.
  • Reduces Paperwork Burden
    Centralized buying consolidates operations, significantly lowering the time and effort spent on procurement paperwork.
  • Maximizes Savings Potential
    Taking advantage of bulk purchasing reduces costs further, essential for organizations looking to invest in larger quantities of equipment.
  • Ensures Equipment Uptime
    Comprehensive maintenance packages mitigate downtime, ensuring operational efficiency and reliability within your warehouse.
  • Provides Predictable Cost Structure
    Uniform national pricing helps manage budgets effectively, fostering predictable expenditure across all locations.
  • Ensures Seamless Operations
    Support from procurement specialists to resolve issues and ensure efficient handling of procurement processes.

Fleet Remarketing

Fleet vehicle remarketing services with a nationwide network to buy and sell used assets efficiently.

  • Accelerate Sales with Network Access
    Our expansive network of qualified buyers allows for quicker sales transactions and better pricing on your used assets.
  • Manage Entire Sales Process
    Our team oversees every aspect of the sales process, ensuring a seamless experience from initial listing to the final transfer of title.
  • Streamline Paperwork Management
    Our services take care of all necessary inspections and title transfer paperwork, saving your team valuable time and effort.
  • Maximize Returns
    Our experts analyze market conditions to help you dispose of assets at the optimal time, ensuring the best market price.
  • Sell Globally
    We connect you with potential buyers both domestically and internationally to maximize asset visibility.

Fleet Supplier Partners

Fleet supplier partner program providing marketing exposure, sales support, and access to Corcentric customers.

  • Expedite Credit Approval Process
    Get credit approvals in under 24 hours without the need for financial documents.
  • Eliminate Receivables Risk
    Corcentric manages disputes and ensures timely payments to suppliers.
  • Enhance Brand Visibility
    Utilize a proprietary tool to showcase your offerings and grow your market presence.
  • Leverage Established Relationships
    Collaborate with our sales force to maximize business opportunities.
  • Simplify Billing Processes
    Experience automated invoice processing that reduces administrative burdens for your customers.

Fleet Procurement (GPO)

Fleet procurement and group purchasing organization services provide centralized buying for fleets, enabling cost savings and efficiency through collective buying power.

  • Maximize Purchasing Power
    Joining the GPO allows fleets to benefit from discounts across a large network, resulting in significant savings compared to individual procurement.
  • Ensures Predictable Spend
    Fleets benefit from reliable pricing, eliminating surprises and enhancing budgeting accuracy.
  • Covers Diverse Fleet Needs
    Our offerings span essential categories for various operations, ensuring fleet managers find what they need to optimize their strategies.
  • Simplifies Procurement Process
    Our payment solutions ensure fleets can manage cash flow effectively while making necessary purchases without upfront financial strain.
  • Improves Spend Management
    Enhances the oversight and tracking of fleet expenditures, allowing for better financial decision-making and planning.

Sources

Methodology and sourcing behind the figures and links shown above.

Source-to-pay

Estimates based on three market reports in the provided searchResults. Fortune Business Insights reports USD 7.73B (2025) but an outlier CAGR (55.7%). Market Research Future reports USD 6.85B (2025) with 10.71% CAGR. MarketIntelo reports USD 9.8B (2025) with 11.2% CAGR. I used the central tendency of these sources (excluding Fortune's anomalous CAGR) to estimate a 2025 market size ≈ USD 8.13B and growth potential ≈ 11% CAGR.

Accounts receivable and order to cash

Primary estimate from the MarketIntelo Order-to-Cash Solutions market report (explicit market valuation and CAGR). Other provided search results (industry blogs and SSON report) describe strong adoption drivers—automation, AI/GenAI, digital transformation and working-capital focus—which corroborate the reported high growth potential but do not provide explicit market-size/CAGR figures in the searchResults.

Strategic sourcing and category management

Estimated combined market primarily from category management software (~$2.58B, MRFR) plus supplier management (~$0.67B, Polaris). Growth potential derived from observed CAGRs for category-management software (7–10.7%), supplier management (~9.8%) and broader SCM/sourcing modules (~10.4%); weighted midpoint yields ~9% CAGR for combined strategic sourcing and category management services.

Fleet procurement and remarketing

Used published fleet-management market figures as the baseline (MarketsandMarkets: ~USD 37.7B in 2025). SNSInsider shows solutions ≈65.1% of revenue in 2025, implying services ≈34.9% (~USD 13.2B on a USD37.7B base). Procurement, maintenance supplier programs and remarketing are a subset of services; allocating ~30% of services to this procurement/remarketing slice yields ~USD 3.9–4.0B. Growth potential is estimated near services-level expansion (SNSInsider services CAGR ~15.2% and overall market CAGR ~13.3%), so a conservative CAGR estimate for procurement & remarketing is ~14%.

Integration and API orchestration

Primary estimate based on Persistence Market Research’s dedicated Integration and Orchestration Middleware report (valued at US$24.4B in 2026, CAGR 7.4% to 2033). Other sector reports for adjacent scopes (integration/orchestration platforms, orchestration tools, data-integration and AI-orchestration) show smaller baseline valuations but higher CAGRs (≈10–22%), indicating variability by scope; PMR was used as the closest match to the requested segment.

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