Press Release

Corcentric Partners with Nvoicepay to Simplify Electronic Payments in the Cloud

 

McLean, VA, May 13, 2015Corcentric, a provider of cloud-based financial process automation solutions that streamline Accounts Payable and Accounts Receivable functions, today announced a partnership with Nvoicepay, the leader in strategic payment solutions for the enterprise. This partnership will enable customers of Corcentric’s COR360 AP automation solution to easily and quickly pay 100% of their invoices electronically, creating an end-to-end procure-to-pay solution that will increase efficiencies and decrease costs.

Corcentric’s financial process automation solutions make B2B commerce faster, simpler, and more transparent. Their accounts payable solution streamlines AP departments by removing paper complexity to deliver savings, accuracy, speed, and innovation. Designed and developed by AP specialists, Corcentric’s cloud-based, configurable SaaS solution comes with a deep understanding of how the AP process really works and tackles payables complexity enabling companies to automate their Accounts Payable processes with e-invoicing, three-way matching, automated invoice processing, ERP integration, and payments.

“COR360 eliminates manual tasks and speeds up AP processes by removing bottlenecks and giving customers full visibility into their invoice lifecycle, and that, in turn, saves them time and money,” said Jim Wright, Vice President of Sales for Corcentric. “Customers also benefit from COR360’s robust analytics capability, which provides the reporting necessary to forecast and plan with confidence. Now, our partnership with Nvoicepay adds an even greater level of convenience and transparency to our customer’s procure-to-pay processes. Besides being able to pay their invoices electronically, they’ll also be able to realize an additional revenue stream by capturing significant card rebates.”

“We are delighted to partner with Corcentric,” said Karla Friede, CEO of Nvoicepay. “Their commitment to streamlining the entire procure-to-pay process aligns perfectly with our solution that makes electronic payments simple, efficient, and effective, especially when it comes to realizing rebates. Corcentric’s partnership with Nvoicepay will save customers hundreds of thousands of dollars annually.”

About Nvoicepay

Nvoicepay delivers strategic payments solutions to automate accounts payable. We enable customers to pay 100% of their invoices electronically, while realizing the financial benefits of payment optimization. By paying the right suppliers with the right payment type at the right time, our cloud based technology and vendor payment services help customers reduce costs, increase efficiencies and maximize card rebates, all with minimal effort. Nvoicepay transforms accounts payable departments from cost centers into strategic contributors. Learn more at www.nvoicepay.com and follow us on Twitter at @Nvoicepay.

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Kate Freer
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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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