Press Release

Corcentric Named in New Gartner Report

McLean, VA, October 30, 2014 — Corcentric, a leading provider of Accounts Payable automation and electronic invoicing solutions, was named in the AP Invoice Automation category of the August 26, 2014 report, IT Market Clock for Financial Management Applications, 2014 by Nigel Rayner at Gartner, Inc.

According to the report, “AP invoice automation solutions can improve the effectiveness and efficiency of the AP function and, thus, positively impact working capital.” The report’s recommendation summary grid states, “A growing number of solutions are available, and adoption is increasing. Evaluate within the next 12 months if you have not implemented this functionality already; although, ensure you consider these as part of a broader P2P solution and also explore e-invoicing capabilities.”

“We are extremely pleased to be named in this Gartner report,” stated Dave Lindeen, Senior Vice President of Sales for Corcentric. “Customers using our COR360 leading-edge workflow solution find they’ve been able to streamline invoice processing, cut costs, and realize full visibility into their AP processes. But it’s the flexibility of the solution that makes it optimal for accounts payable professionals. For companies that are totally manual, COR360 offers full purchase-to-pay functionality. For companies that are currently in different stages of digitizing, either scanning their own documents or utilizing some workflow capability, COR360 can tie into those current processes and start improving results from day one.”

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Media Relations
Scott Cianciulli
The Plunkett Group
(212) 739-6753
Corcentric Corporate Communication
Kate Freer
Senior Vice President of Marketing
(856) 382-4713
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About Corcentric

Corcentric is a global provider of business spend management and revenue management software and services for mid-market and Fortune 1000 businesses. Corcentric delivers software, advisory services, and payments focused on reducing costs, optimizing working capital, and unlocking revenue. To learn more, please visit corcentric.com.

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