Blog Taking the Path of Least Friction for a Successful Payables Strategy

SPEND MATTERS: Matt Clark, President and COO of Corcentric, discusses how inefficient invoice processing cause friction that impacts revenue. New data from the Payables Friction Index is showing that digital AP solutions can eliminate these frictions through digital processing. According to the Index, 80.8% of businesses still use paper checks to pay their invoices, but they’re not necessarily happy about it. In fact, only 51.3% of the firms expressed satisfaction with paper checks.

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Blog Perspectives on Supply Management

INSIDE SUPPLY MANAGEMENT: Reginald Peterson, DBA, explains why addressing the full life cycle of a company’s spend categories means adapting to changing technology. Through evolving capabilities, procurement professionals will stay competitive and make a strategic contribution to the business.

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Blog Does Your AP Process Make No Exceptions?

FLEET OWNER: Bill McCouch, Senior Vice President, Procurement, discusses why straight-through processing with no exceptions is what every organization should strive for.

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Blog As Supply Chains Enter Digital Age, Onboarding Plays Catch Up

PYMNTS: Julien Nadaud, senior vice president of innovation at Corcentric, said that within companies, different departments rarely communicate with each other or share data, leading to inefficiencies that, down the line, stymie optimal cash flow management.

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Blog Trade tensions: Look at back office too

CFO DIVE: Matt Clark, president and chief operating officer of Corcentric, told CFO Dive today’s trade tensions are an opportunity to revisit the shared services center model that so many companies use.

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Blog The Achievements and Challenges of Accounts Payable

FLEET OWNER: Fleets are starting to see the strategic value AP can bring to the organization, notes Bill McCouch, Senior Vice President, Procurement, Corcentric. According to The State of ePayables 2019: Driving Value in the Age of Intelligence, a report from Ardent Partners, 55% of businesses perceive AP as “very” or “exceptionally” valuable to the overall enterprise.

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Blog A Candid Interview with Corcentric Chairman and CEO Doug Clark

EXECUTIVE LEADERS RADIO: Corcentric Founder, Chairman and CEO, Doug Clark sits down to answer candid questions on Executive Leaders Radio about the growth of his career and his business and lessons learned.

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Blog Why Platforms Hold the Key to Igniting ePayables

PYMNTS: Matt Clark, president and chief operating officer of Corcentric, tells PYMNTS’ Karen Webster that the pain of checks may not necessarily be felt acutely enough for a business to change its AP behavior. However, he explains that as organizations begin to have conversations with vendors about how to encourage adoption of platforms that promote a strategic buyer-supplier relationship, ePayables must be included in that discussion.

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Blog Automating the Procure-to-Pay Process to Increase Working Capital

FLEET OWNER: Far too many fleets are still relying on paper-based manual processes when it comes to their accounts payable, according to Bill McCouch, Senior Vice President of Procurement at Corcentric. Fully automating the procure-to-pay process — from receiving the invoice all the way through to paying the invoice — can result in significant savings, as well as improve the overall operational efficiency of your fleet.

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