Accounts Receivable Automation

Getting started with Managed Services is simple. Our Advisory team brings decades of experience to evaluate your existing processes so that we can recommend the right services to optimize your business. These services can include everything from system design and implementation to ongoing maintenance and support. We manage integration with your existing systems (without the IT headache) and rapidly deliver the service you require. Corcentric picks up the scalability and financial risk, and you retain full process visibility and control through dashboards, reporting, and service-level agreements.

Managed Services can offer several benefits to your organization. Partnering with a Managed Services provider allows your organization to focus on their core business activities or strategic initiatives, while the provider takes care of the repetitive and manual activities. Additionally, Managed Services can provide access to specialized skills and expertise that may be difficult or expensive to develop in-house or challenging to recruit for in a challenging labor market. Think of it as an augmentation or extension to your current team to scale and grow your business.

The main difference between Managed Services and Business Process Outsourcing (BPO) is that Managed Services focuses on specific functional areas or services, whereas a BPO involves outsourcing entire business processes, such as finance and accounting, human resources, or customer service. A BPO does not have trade finance and will typically use a software solution from another third-party, further complicating the effectiveness of the outsourcing activities.

Through Managed Services, we partner with you to implement scalable solutions without costly and resource-intensive technology administration. One of the key advantages of Managed Services over software is that we provide a more personalized and customized approach to managing business functions. While software can be powerful and feature-rich, it often requires significant customization and integration efforts to meet the unique needs of an organization. We effectively manage these services for you and provide the technology needed to remove the burden and risk associated with implementing a point solution, while delivering measurable ROI.