Blog | February 19, 2019 | by Matt Clark

Corcentric Makes the Move to New HQ to Accommodate Company Growth

There are many reasons that companies move their offices or headquarters; the best reason is that the organization has outgrown its current space. That’s the situation Corcentric found itself in….business was growing and continues to grow as does our Corcentric team.

But relocating headquarters doesn’t translate into leaving our home state. For more than two decades, New Jersey has been our home, so even though we are moving, we are staying in Cherry Hill and moving just a couple of miles down the road to a 17,000 square-foot space that will accommodate the needs of our rapidly growing organization. When we started searching, we wanted to find a space that would provide an environment where people would look forward to coming to work each day. People spend most of their waking hours at their job so why not make those hours as rewarding as possible?  At this new location, we are able to offer our best-in-class employees wellness initiatives, such as a nursing room, standing desks, and an on-site gym.

This past year, notable company milestones were made, including unifying AmeriQuest Business Services and Corcentric brands under the Corcentric name to more clearly communicate our commitment to delivering innovative procurement and finance solutions. Our customer base now exceeds 6,000 companies and we have experienced double digit, year-over-year growth.

Domestic and global expansion

Doug Clark, Founder, Chairman, and CEO (left), with Matt Clark, President and COO

Doug Clark, Founder, Chairman, and CEO (left), with Matt Clark, President and COO

Besides unifying our existing brands, we are also developing notable partnerships both here and abroad. In the U.S., we expanded our sourcing and procurement services with the acquisition of Source One Management Services, headquartered in the Philadelphia metro area. Source One is a premier procurement services provider and strategic sourcing consulting firm. And our recent acquisition of Netsend, a London-based company offering electronic billing, invoicing, and document distribution services, marks our expansion into the global e-billing market as a SaaS provider. All of this has contributed to our need for larger headquarters.

With nine locations in or near major metropolitan areas, Corcentric looks forward to growth, domestically and globally, for many years to come. We know that our growth will only be possible through the success of our customers. By helping companies optimize the way they purchase, pay, and get paid, our customers can focus on growing their core business and utilizing their internal procurement and finance talent for more strategic initiatives.

Take a look at our new Cherry Hill, NJ, headquarters.