Supply Chain Finance Solutions

Guaranteed and fixed
DSO for your receivables

Get paid faster…on your terms

Corcentric Supply Chain Finance solution guarantees payment and DSO reduction to suppliers on your terms.
Our solution enables suppliers to improve cash flow while you gain greater control over your working capital.

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Get Paid Earlier
than Due Date

Guaranteed, fixed DSO for your receivables. Accelerate your invoice 15, 30, 40, or even 60 days earlier while your buyers pay as usual.

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Receive Payments On-Time, Every Time

No more unpaid invoices. Corcentric eradicates your credit risks and eliminates bad debt expenses.

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Cost
Savings

Eliminate the burden of billing production and distribution, credit issuance, collections, and disputes.

How Supply Chain Finance works with Corcentric

Suppliers Get Paid Early

  • The suppliers establish the relationship with Corcentric
  • Corcentric pays the suppliers earlier than contracted terms with the buyer. The acceleration period can be 15, 30, 40 or even 60 days earlier
  • The buyer gets billed by Corcentric on the terms established with the buyer
  • Suppliers pay Corcentric a finance fee
Supply Chain Finance Process

Supplier Benefits

Guaranteed Payment
and DSO Reduction

Corcentric provides guaranteed payment and DSO reduction to suppliers. Payments to the suppliers are on-time, every time, and faster than buyer’s dictated terms.

Turnover of Credit and Collections

No more chasing down payments; 100% of buyer payments are handled by Corcentric. Your receivables risk is eliminated and transferred to Corcentric. Corcentric issues and monitors credit and collects the payments due.

Lower Administrative Costs

Too much time is spent on verifying a customer’s worthiness and chasing payment. With the risk management being assumed by Corcentric, a supplier’s employees can now focus on higher value tasks that lead to building a better business.

Improved Customer Relationships

Friction over payment terms and invoice disputes are two major points of contention that can harm a B2B relationship. With Corcentric acting as the middleman, payment term friction is eliminated. Better relationships often lead to more business and stronger, longer lasting partnerships.

Access to Innovative Portal

Incoming and outgoing payments are recorded in full, with a complete audit trail. That means both suppliers and buyers can stay up to date on transactions status and cash flow. Visibility and knowledge allow each party to optimize their working capital.

Combined O2C Technology, Financial Services, and Consulting

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These buyers and suppliers realize
the benefits of Corcentric’s solution

“An estimated 23% of organizations in a Gartner 2020 poll relied on supply chain finance to increase available cash flow to the business in the face of pandemic-driven economic headwind”

Strengthening the supply chain

See how one solution can unlock cash for both buyers and suppliers.

Related Supply Chain Finance Resources