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Issues with supplier payment processing? Invoice processing slowed down by exceptions? No clear insights into your invoice spend? Need flexibility across your payment options? Our B2B AP payment solutions eliminate friction and bring flexibility to your payment process.

Improve your business process cycle times by up to 90%

Enable straight-through processing for 80%+ of PO invoices

Process and protect 100% of your payments including ACH, virtual card, ACH+, and paper checks

A Complete Payment Solution

Struggling to ensure flexibility in your current solution? You can rely on Corcentric to provide a complete AP Payments solution to handle all your B2B AP payment needs. Through a combination of technology and supplier services, you can customize the payment solution that best fits your financial needs.

Spend Optimization

Are you currently finding it difficult to keep track of your payments and make efficient use of your resources Corcentric offers an end-to-end set of solutions designed to optimize your AP capabilities while providing choices in how you execute and manage the payment process with your suppliers. 

If you're wondering what is AvidXchange and how it compares to Corcentric, check out this comparison:

Customized For You

Mid-Market and Enterprise customers can rely on Corcentric to provide a complete AP Payments solution to handle all of their payment needs. Through a combination of technology and supplier services, Corcentric customers can customize the payment solution that best fits their financial needs.

Whether you represent a company looking to expand its payment capabilities or a company that is disappointed in the performance of its current solutions, Corcentric can provide a solution to meet and exceed your expectations.

For the first time in Ardent Partners’ 19 years performing this annual study, invoice exceptions sit as the top challenge (53%) in the AP industry. Invoice exceptions can slow processing to a crawl, creating large bottlenecks that reduce efficiency and effectiveness.

Payment Methods

Corcentric helps you process a variety of payment methods based on the needs of your business. Generating different methods of payments from multiple sources adds complexity and risk of fraud to your payment process.

Corcentric compliments your ERP and existing bank, while helping your company streamline your ePayment program. Virtual Cards, ACH, ACH+, and paper check payments are all part of the standard Corcentric AP payment program. • Paper checks • ACH • ACH+ • Virtual Card • Wire

Payment Services

Corcentric offers a full range of services to help you manage and execute your end-to-end payment process. Companies can select the services that best fit their situation for supplier management, payment execution, or security and protection from fraud.

Corcentric service teams are an extension of your AP team to support strong supplier relationships while effectively adding the capabilities you need.

Supplier Services

• Supplier verification • 12-Step StopFraud™ validation • Onboarding • Supplier training

Payment Services

• Payment tracking • Reconciliation • Payment questions • Continuous enrollment • Self Service Portal • Custom ePayment video

Payment Security

Payment fraud is top of mind for every business today. Our StopFraud™ validation solution integrates an industry-leading multi-point process to validate correct payment details to secure your data (12 points in all). Our team provides monitoring to ensure payments are delivered successfully, every time.

Spend Optimization

Spend Optimization is the combination of how a company optimizes the efficient use of their resources and their capabilities to maximize their cashflow needs.

Corcentric offers an end-to-end set of solutions designed to optimize your AP capabilities while providing choices in how you execute and manage the payment process with your suppliers.

A successful program should result in an efficient ePayment mix, happy, supported suppliers, and cash back related to service producing payment revenue.

Payment Mix

The mix of different AP payment methods is driven by both supplier acceptance and buyer choice. Corcentric helps companies analyze supplier terms and opportunities to optimize cash flow and AP payment mix. The Corcentric Payments Network combined with Corcentric supplier services, gives buyers the opportunity to optimize both their spend and their payment mix.

Corcentric makes it easy for companies to shift to ePayments while efficiently managing required paper check payments.

Qualified ePayments

Qualified ePayments related to Virtual Cards and Enhanced ACH payments enable companies to receive cash back or ePayment rebates. Even experienced companies can be surprised to understand which suppliers are already accepting these types of qualified ePayments.

Corcentric can both educated buyers and help them execute on implementing a Qualified ePayment program. Although many banks and fintech companies claim to offer ePayment incentives; Corcentric can include a minimum guarantees to help companies fund their AP initiatives.

Payment Timing

Payment timing is an important element of optimizing spend and working capital. Corcentric payment services include helping companies analyze opportunities to better leverage payment terms for both cash management and increasing Qualified ePayment acceptance.

We can assist you or work with suppliers on your behalf as an extension of your AP team. Lastly, Corcentric can offer financial choice to help provide credit based solutions that enable required cash management outcomes.

Approval Workflow

Automating the approval process can reduce invoice processing time by up to 90% and eliminate the possibility of duplicate payments. Ensure accuracy and timing of payments through our Approval Workflow’s automated three-way match capability that matches supplier invoices to POs and Receipt of Goods, without human intervention.

From procurement to finance, our optimized digital payment solutions offer multiple benefits for:

Accounts Payable

  • Gain efficiencies within your team to reduce costs – eliminate paper-based handling and manual tasks — and more effectively manage headcount
  • Have confidence that the right amounts go to the right accounts every time—eliminate payment fraud and spoofing
  • Reduce the number of transactions necessary to execute payment—no more sending multiple files to multiple banks
  • Reduce supplier payment inquiries by 70%—a savings of $20/contact
  • Configure the most optimal payment terms and extend your DPO
  • Optimize spend by payment types to generate cash-back

Supplier Management

  • Pay suppliers faster and build stronger, more strategic relationships
  • Generate opportunities for discounts, promotions, and savings
  • Identify duplicate spending categories to optimize and streamline purchasing strategies
  • Eliminate friction in the supplier experience
  • White glove service for your most important suppliers

Finance / Treasury

  • Achieve the best possible cash flow scenarios
  • Eliminate exposure to payment fraud and risk
  • Plan and forecast more accurately with liabilities captured and recorded as soon as invoices are received
  • Get the simplicity of an audit-ready and regulatory-compliant platform
  • Stop wasting time chasing misdirected money

Suppliers / Vendors

  • Get paid faster with complete accuracy using your preferred payment type
  • Eliminate credit risk and gain predictable cash flow
  • Set up and configure the most optimal payment terms
  • Have access to our 24/7 payment status portal that provides real-time status of all payments, amounts, and timing


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