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.”
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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.