Blog How the Increased Pace of Change is Impacting New Equipment Financing

MONITOR DAILY: Patrick Gaskins, Senior Vice President for Capital Equipment Solutions, Corcentric, discusses how to be successful in a market that is releasing new products and/or improved products, components, sensors and systems at a breakneck pace. Primary among approaches is to have a measured year-over-year replenishment program making incremental changes in asset life cycles based on market conditions and asset performance.

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Blog Automating the Procurement Process

FLEET OWNER: Corcentric COO Matt Clark describes how automating the back office operations not only eliminates paper and manual processes, but it also brings structure to the process and the people involved in your business.

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Blog Tariffs’ Impact on Procurement and Supply Chain: Communication is Key to Combating Surcharges

SUPPLY CHAIN BRAIN: Corcentric COO Matt Clark describes how supply chain teams and procurement departments can best manage the effects of tariffs being imposed on Chinese imports. He explains that by working with a provider of automated solutions for procurement and financing, companies can flag surcharges that weren’t communicated, and resolve disputes.

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Blog Looking Beyond ePayments in Accounts Payable

PYMNTS.com: In Corcentric and Ardent Partners‘ latest The State of ePayables 2018 report, Chief Research Officer Andrew Bartolini and Research Director Bob Cohen conclude “the future of AP is now,” with accounts payable departments reporting higher use of ePayments, eInvoicing and automated solutions. But even for businesses further along in their digitization efforts, firms must continually reassess their goals and processes, or else they risk stagnating their progress.

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Blog The Imperative to Improve Working Capital: Driving Forces and Emerging Solutions

SPEND MATTERS: Used in tandem, AP automation and supply chain finance can provide both near-term and long-term solutions to businesses’ working capital conundrum. AP automation can deliver more of the “quick wins” sought in typical payment extension initiatives, while SCF can create sustainable, flexible opportunities to keep cash longer while maintaining strong relationships with key suppliers. Corcentric can help.

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Blog Don’t be Complacent When It Comes to Spend Management

FLEET OWNER: Matt Clark, COO of Corcentric, explains how to gain control of indirect spend, which accounts for 40% of total spend at most businesses. With a few simple steps, like testing the market and consolidating the supply base, businesses can reap savings of up to 25% annually.

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Blog Leading Businesses Use Account Payable Teams As Strategic Partners

PAYMENTS JOURNAL: Matt Clark discusses why AP teams must place their focus on developing plans to explore and adopt new technology solutions. In the next few years, these new technologies will offer an excellent window of opportunity to drive business functions in new and exciting ways. However, insight isn’t delivered until a company takes advantage of the automated tools at its fingertips.

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Blog How Your Procurement Process Can Give You a Competitive Advantage

FLEET OWNER: Matt Clark COO discusses that in order to improve your organization’s competitive advantage through procurement, every procurement department’s goals should be to simply buy everything the organization needs better than their competitors and technological innovation and procedure can help accomplish that.

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Blog Use these KPIs to Evaluate Accounts Payable Performance

FLEET OWNER: President and CFO Matt Clark discusses how aligning automation efforts to business goals gives the entire enterprise insight to cash flow.

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