Our story

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Some years ago, Doug Clark, Corcentric’s Founder and Chairman, had an innovative idea: to enable customers to reduce the cost of doing business so they can invest in sustainable growth. That was in 1996, and the company was AmeriQuest.

Since then, we’ve continuously expanded and added new capabilities — most recently with the addition of source-to-pay pioneer Determine, electronic invoicing innovator Netsend, and leading sourcing and procurement advisory Source One.

Our goal continues to be focusing our creative DNA on providing every competitive advantage possible across the source-to-settle and order-to-cash continuum so you can improve cash flow, drive value, and put your business mind at ease.

1996

Doug Clark founds AmeriQuest Transportation and Logistics Resources Corp.

2002

AmeriQuest acquires Corcentric to complement existing procurement solutions with financial automation technology

2006

Corcentric processes one-millionth invoice

2008

Corcentric develops three-way matching between PO, invoice, and price file, enabling zero-touch processing

2009

Corcentric grows to more than 11,100 buyer and seller connections and processes over 970,000 transactions annually worth more than $660 million

2010

Corcentric acquires accounts payable automation solution Cor360

2013

Exceeds $1 billion annually in combined gross billings

2014

Achieves 9.1 million invoices processed for financial process automation and $12.2 billion of total transaction volume

2016

Corcentric acquires InfoAccess.net

2017

Corcentric names Matt Clark President and COO

2018

Corcentric acquires Source One Management Services

2018

AmeriQuest unifies its brand under Corcentric, Inc.

2019

Corcentric acquires Netsend

2019

Corcentric acquires Determine, Inc.

2020

Corcentric acquires B2B payments provider Vendorin

2021

Corcentric unifies Source One, Netsend, and Determine under one brand, Corcentric, Inc.

2022

Corcentric integrates Vendorin Payments under one brand, Corcentric, Inc.

2023

Corcentric announces rebrand

1996

Doug Clark founds AmeriQuest Transportation and Logistics Resources Corp.

2002

AmeriQuest acquires Corcentric to complement existing procurement solutions with financial automation technology.

2006

Corcentric processes one-millionth invoice.

2008

Corcentric develops 3-way matching between PO, invoice, and price file, enabling zero-touch processing.

2009

Corcentric grows to more than 11,100 buyer and seller connections and processes over 970,000 transactions annually worth more than $660 million.

2010

Corcentric acquires Accounts Payable Automation solution Cor360.

2013

Exceeds $1 billion annually in combined gross billings.

2014

Achieves 9.1 million invoices processed for financial process automation and $12.2 billion of total transaction volume.

2016

Corcentric acquires InfoAccess.net.

2017

Corcentric names Matt Clark President and COO.

2018

Corcentric acquires Source One Management Services.

2018

AmeriQuest unifies its brand under Corcentric, Inc.

2019

Corcentric acquires Netsend.

2019

Corcentric acquires Determine, Inc.

2020

Corcentric Acquires B2B Payments Provider Vendorin

2021

Corcentric unifies Source One, Netsend, and Determine under one brand, Corcentric, Inc.

2022

Corcentric integrates Vendorin Payments under one brand, Corcentric, Inc.

2023

Corcentric announces rebrand.

THE PATH TO INNOVATION

A clearly defined growth strategy and customer commitment have gotten us to where we are

OUR AWARD WINNING LEADERSHIP

We focus decades of experience and expertise on reinforcing your success

OUR AWARD WINNING LEADERSHIP

We focus decades of experience and expertise on reinforcing your success.

Learn more about all the ways we can help you transform and optimize your processes

Contact us