Press Release
Corcentric and enrich Announce e-Commerce Integration
Corcentric and Richer Systems Group, Inc. Announce Intention to Integrate the Corcentric Optimal eFlow™ with the enrich Transportation and Fleet Management Systems
October 5, 2004, Chicago, IL — Corcentric, a business-to-business e-Commerce solution and Richer Systems Group (RSG), the leader in software solutions for the fleet management industry, announced today that an integration effort has begun to tie together AmeriQuest’s Procurement Program, developed by Corcentric with the enrich Transportation Management & Fleet Management Systems.
The partnership will allow purchase and invoice data to flow automatically between the 100 plus vendors currently using the Corcentric eHub developed for AmeriQuest and the leading transportation and fleet management providers using the enrich system. A seamless and automated process will eliminate significant overhead for enrich users and allow them to approve invoices online, receive invoices faster, eliminate lost invoices, and automate GL coding of invoices into the enrich accounts payables. Hogan Motor Leasing, St. Louis, MO, will be the first customer to use the integrated capabilities being developed.
“enrich has been in use at Hogan Motor Leasing since 1999 and has allowed Hogan to grow significantly without significant additions to our overheads,” said Brian Hogan, President and CEO of Hogan Motor Leasing. “We have also enjoyed real benefits in our purchasing through Corcentric’s eHub. The integration that will tie these two important business systems together will support our continued growth and create new opportunities for efficiencies in our business.”
Eric Richer, president of Richer Systems Group, added, “Hogan has been an important customer of enrich and we are pleased that we can provide new capabilities through the integration to support our customers drive to grow their business, reduce overhead, and serve their customers better.”
Doug Clark, CEO and President of Corcentric explains, “this announcement with enrich reflects our commitment to establish long-term partnerships which support continuous cost improvements and productivity enhancements for all of our participants. We anticipate rapid adoption of these capabilities by our participants.”
Introduced 7 years ago, RSG’s enrich Transportation and Fleet Management Systems offers best of breed applications for every aspect of the transportation services industry from full service lease and rental operators to common carriers. Comprehensive functionality, complete integration, and simplified IT administration are the hallmarks of the enrich software system. Customers can deploy the enrich software modules, in whole or in part, to meet the unique requirements of each enterprise.
About Corcentric
Founded in 1998, Corcentric delivers e-Commerce solutions that enable companies
to gain significant cost efficiencies by digitizing their business-to-business
transactions.
Using the Optimal eFlow system, Corcentric digitizes the Purchasing, Accounts
Payable, and Accounts Receivable activities of the entire trading community
without changing existing IT systems, business processes, or trading partners.
By employing automated, real-time identification, analysis, and execution of
transactions, Corcentric immediately reduces the costs associated with
traditional Purchasing, Accounts Payable, and Accounts Receivable practices.
Corcentric can help companies of all sizes advance towards the next generation
of paperless integration.
If you are interested in the Corcentric solution or would like more information
about the company, contact Dave Lindeen, Vice President, and Sales at (877)
790-7272, e-mail dlindeen@corcentric.com or visit the Website at www.corcentric.com.
About Richer Systems Group
Richer Systems Group Inc. is the leading vendor and developer of ERP, asset management, and maintenance software solutions to the fleet management industry. It also provides consulting, software, and hosting services (ASP) in support of its software. Founded in 1990, the company maintains a head office in Calgary, Alberta and additional offices in Phoenix, Arizona and Detroit, Michigan. RSG’s asset management and maintenance solutions are also applicable to and have been deployed by the owners and operators of private and private-type fleets.
RSG’s flagship product enrich is in use throughout North America by leading companies in the commercial transportation field including full service lease and rental, common, and dedicated carriers. Enrich software modules manage financial accounting, equipment maintenance, inventories, maintenance facilities, lease, rental and maintenance contracts, trucking operations, warehouse operations, fuel and fuel tax management, payroll, and human resources.
For further information, call (800) 491-7780 or log on at www.richer.ca
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