Corcentric is a provider of Source-to-Pay (S2P) and Order-to-Cash (O2C) solutions designed to assist business in optimizing their accounts payable, accounts receivable, and fleet management processes. We help businesses reduce costs, improve working capital, and achieve sustainable growth through solutions that integrate software, expert advisors, and finance. With over two decades of experience, we serve more than 2,000 customers, helping them streamline purchasing and payment processes, control spend, secure transactions, and maximize working capital.
The primary target audience for Corcentric includes finance professionals and organizations seeking to improve their finance and procurement operations. By offering a comprehensive suite of services, Corcentric addresses specific use cases such as automating invoice processing, managing collections, and enhancing procurement efficiency. This enables finance teams to transition from routine transactional roles to strategic partners, allowing them to focus on high-impact activities that drive business success. The solutions provided by Corcentric are particularly beneficial for organizations looking to enhance their cash flow management and improve overall financial visibility.
Key Features and Benefits:
Order-to-Cash Efficiency: Streamlines accounts receivable operations with electronic invoice presentment and payment (EIPP), collections management, and dispute resolution, accelerating cash flow and improving payment reliability.
AP Automation and Source-to-Pay: Corcentric automates sourcing, procurement, and invoice processing, supporting end-to-end electronic invoicing and payments to reduce manual processes and improve accuracy.
Flexible Payment Methods: Supports various payment options, including virtual cards, ACH, ACH+, prepaid debit cards, and checks, to meet diverse financial needs and improve convenience and control.
Managed Services and Advisory Support: Corcentric provides operational support for tactical purchasing, accounts payable, and accounts receivable processes, allowing teams to focus on strategic goals.
Enhanced Security and Compliance: Through features like StopFraud™️ payment protection service, Corcentric ensures secure, compliant payment processing, protecting organizations against fraud and payment risks.
We empower finance professionals to transition from transactional roles to strategic partners within their organizations. By automating routine tasks and streamlining processes, we free up valuable time for finance teams to focus on high-impact activities such as financial planning, analysis, and strategic decision-making. Our solutions enhance visibility into financial data, enabling more informed decisions that align with organizational goals. We are committed to delivering measurable results and fostering long-term partnerships that drive business success.
Average Rating: 4.1/5.0
Total Reviews: 36
How Do G2 Users Rate Corcentric?
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Has the product been a good partner in doing business?: 7.5/10 (Category avg: 8.8/10)
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Performance: 8.1/10 (Category avg: 8.6/10)
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Repository: 7.9/10 (Category avg: 8.2/10)
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What is your organization's estimated ROI on the product (payback period in months)?: 10/10 (Category avg: 10/10)
Who Is the Company Behind Corcentric?
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Seller: Corcentric
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Year Founded: 1996
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HQ Location: Cherry Hill, New Jersey
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Twitter: @Corcentric
4,237 Twitter followers
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LinkedIn® Page: www.linkedin.com
573 employees on LinkedIn®
Who Uses This Product?
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Top Industries: Hospital & Health Care
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Company Size: 50% Medium, 37% Large
What Do G2 Reviewers Say About Corcentric?
AI-generated summary from verified user reviews
Pros
- Users praise Corcentric's quick and efficient customer support, enhancing their overall experience and workflow efficiency.
- Users appreciate the ease of use of Corcentric, enhancing daily operations with its user-friendly interface and support.
- Users value the efficiency of Corcentric, appreciating quick invoicing and excellent customer support that enhances their workflow.
- Users value the seamless ERP integration of Corcentric, enhancing their accounting processes effectively.
- Users commend the efficient invoicing and quick customer support of Corcentric, enhancing their daily workflow experience.
Cons
- Users struggle with approval process issues, facing challenges like not being able to start work on invoices.
- Users face challenges with inefficient invoicing, struggling to manage and decline invoices in Corcentric's indexing system.
- Users struggle with invoicing issues, as it hampers their ability to efficiently index and manage invoices.
- Users find the UI outdated and not user-friendly, preferring keyboard shortcuts over mouse interactions for efficiency.
- Users face challenges with page deletion, as old purchase orders cannot be removed from the system.
What Are G2 Users Discussing About Corcentric?
