Joe Payne to Lead Corcentric’s Source-to-Pay Practice in North America
CHERRY HILL, NJ — Joe Payne has accepted a new role as Corcentric’s Senior Vice President, Source-to-Pay (North America). In this capacity, he’ll take the lead in defining and delivering Corcentric’s new, more comprehensive approach to Procurement and Finance optimization.
Prior to Corcentric’s acquisition of Source One, Payne served as the procurement consultancy’s Vice President of Professional Services for more than fifteen years. He explained that the new structure provides Corcentric with the ability to fully support its customers by offering an unmatched combination of true transactional efficiency and experienced advisory capabilities.
“I’m immensely proud of the work Source One accomplished throughout my tenure,” commented Joe. “We not only served our clients as dedicated partners, but elevated the Procurement function by advocating for its immense strategic value. Our new source-to-pay team is perfectly positioned to accept this mission and transform both the procurement technology and procurement consulting spaces.”
Payne is managing Corcentric’s source-to-pay team with Gerard Dahan, who will lead Corcentric’s operations for Europe, the Middle East, and Africa. Formerly Determine’s Chief Marketing Officer, Dahan boasts more than a decade as a Procurement technology executive. Together, he and Payne intend to provide organizations with the holistic solutions they need to realize Procurement’s full strategic potential.
Matt Clark, Corcentric’s President and COO, commented, “Joe and Gerard have already proven themselves capable of redefining Procurement and providing customers with next-generation support. Their expertise and leadership will further advance our strong position as a tech-enabled, B2B transaction services company.”
Corcentric customers are encouraged to read the Strategic Sourceror blog for updates and insights from Payne and the entire Source-to-pay team.
Joe Payne, originally from Scranton, PA, lives in the Philadelphia suburbs, with his wife, Jill, and two dogs. He is the author, with William R. Dorn, of Managing Indirect Spend: Enhancing Profitability Through Strategic Sourcing. Joe graduated from the University of Scranton, with a degree in Operations and Information Management.
Corcentric is a leading provider of source-to-pay and order-to-cash solutions for businesses in the United States and Europe. Corcentric’s procurement, accounts payable, and accounts receivable solutions empower companies to spend smarter, optimize cash flow, and drive profitability. Corcentric was named a 2019 ’50 Providers to Know’ by Spend Matters and a leader in IDC Marketscape: Worldwide SaaS and Cloud-Enabled Automation in 2019. Since 1996, more than 6,000 customers from the middle market to the Fortune 1000 have used Corcentric to reduce costs and improve working capital. Learn more at corcentric.com.