THE PAYPERS: A discussion about how one of the US companies that saw an extensive line of M&A activity since 2019 debuted was Corcentric, through first securing a $200M credit facility, and acquiring both Netsend and Deterrmine, Inc.
THE PAYPERS: A new white paper by Corcentric and the Institute of Finance and Management (IOFM), titled “4 Ways Procure-to-Pay Automation Helps Accelerate Business Growth,” reports that finance leaders are turning to digital technologies to automate the procure-to-pay cycle and this transition is transforming their organizations.
CPO RISING: Corcentric completed its purchase of Determine, Inc. (NASDAQ: DTRM), the Indiana-based provider of contract management and source-to-settle solutions for the cloud.
MONITOR DAILY: Corcentric, a provider of procurement and financial process automation solutions, completed its purchase of substantially all of the assets of Determine, a provider of global source-to-pay and enterprise contract lifecycle management solutions.
TRANSPORT TOPICS: Corcentric President and COO Matt Clark explains that the deal to acquire Netsend “marks the first step in expanding globally,” while the purchase of Determine “enables us to further expand our portfolio of source-to-pay solutions for customers in the United States and Europe.”
TRUCK PARTS & SERVICE: Corcentric has completed its purchase of substantially all of the assets of Determine. The sale was approved by both companies’ board of directors and Determine’s stockholders. The acquisition was an all-cash transaction for $32 million.
THE PAYPERS: Corcentric, a provider of financial and procurement process automation solutions, concluded the purchase of nearly all of the assets of Determine. According to sources close to the development, the acquisition was agreed upon by the Board of Directors of both companies, and stockholders of Determine, and was concluded as an all-cash transaction worth USD 32 million.
PAYABLES PLACE: Corcentric completed its purchase of Determine, Inc. (NASDAQ: DTRM), the Indiana-based provider of contract management and source-to-settle solutions for the cloud. The sale was approved by the Board of Directors at both companies as well as Determine’s stockholders, and completed as an all-cash transaction for $32 million.
ROI: Cherry Hill-based Corcentric, a provider of procurement and financial process automation solutions, announced Wednesday it has completed it acquisition of Determine Inc., a cloud platform solutions provider based in Carmel, Indiana, for $32 million.
INSIDE INDIANA BUSINESS: New Jersey-based Corcentric Inc. has completed its $32 million acquisition of Determine Inc. in Carmel. Matt Clark, chief operating officer for Corcentric, says the all-cash deal enables the company to expand its portfolio of source-to-pay solutions for American and European customers.