Our Story
Corcentric’s Company History and Innovation Journey
Proven Results from the Start
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 reinvest those savings into sustainable long-term growth. That idea took shape in 1996 with the launch of AmeriQuest.
From the outset, the company focused on delivering tangible results, evolving beyond cost savings into a broader commitment to optimizing how companies buy, pay, and manage financial operations. By aligning efficiency with strategic growth, AmeriQuest consistently created value for its clients while adapting to the changing needs of the market.
Continuous growth and strategic expansion followed, strengthening the company’s expertise and broadening its capabilities. In 2018, AmeriQuest unified its brands under the Corcentric name—laying the foundation for the company’s next chapter of innovation and growth.
Built Together for What's Next
Under the leadership of Matt Clark, Corcentric has continued to grow and evolve, building on its strong foundation while sharpening its strategic focus to deliver even greater value for customers.
Today, Corcentric is centered on two core areas of expertise—Fleet Solutions and Managed Accounts Receivable—combining decades of industry experience, managed services, and innovative technology to help organizations reduce costs, improve cash flow,
and operate more efficiently.
As business challenges continue to evolve, so does our commitment to innovation. Through strategic partnerships and customer-focused solutions, we’re helping organizations navigate change with confidence while building a stronger future.
Results Over Time
Key moments that moved the company—and our customers—forward.
Doug Clark founds AmeriQuest Transportation and Logistics Resources Corp.
AmeriQuest acquires Corcentric to complement existing procurement solutions with financial automation technology
Corcentric processes one-millionth invoice
Corcentric develops three-way matching between PO, invoice, and price file, enabling zero-touch processing
Corcentric grows to more than 11,100 buyer and seller connections and processes over 970,000 transactions annually worth more than $660 million
Corcentric acquires accounts payable automation solution Cor360
Exceeds $1 billion annually in combined gross billings
Achieves 9.1 million invoices processed for financial process automation and $12.2 billion of total transaction volume
Corcentric acquires InfoAccess.net
Corcentric names Matt Clark President and COO
Corcentric acquires Source One Management Services and AmeriQuest unifies its brand under Corcentric, Inc.
Corcentric acquires Netsend and Determine, Inc.
Corcentric acquires B2B payments provider, Vendorin
Corcentric unifies Source One, Netsend, and Determine under one brand, Corcentric, Inc.
Corcentric integrates Vendorin Payments under one brand, Corcentric, Inc.
Corcentric announces rebrand
Corcentric refines its strategy to focus on solutions where it delivers the deepest expertise and greatest customer impact
OUR AWARD WINNING LEADERSHIP
We Focus Decades of Experience and Expertise on Reinforcing Your Success
President & chief executive officer
executive chairman
Chief operating officer
Executive vice president & Chief financial officer
Chief technology officer
Chief product officer
Chief Human Resources officer
General counsel & senior vice president
Senior Vice President
General manager,fleet services
General manager, software & payments
