Corcentric news and trends

Four Questions for CFOs About AP and AR Automation
B2B Payments // March 14, 2024

We are nearly a quarter of the way through the 21st century. But many firms are still carrying around legacy payment systems and suffering from clunky B2B workflows. This, despite the fact that — particularly within the B2B space — effectively deploying modern and digital...

CFO Partnerships Are Putting the Collaboration in C-Suite
CFO // March 11, 2024

If you want to go fast, go alone. If you want to go far, go together. While the origins of that allegedly African proverb appear to be shrouded in uncertainty, the applications of its message have never been more important for the future of today’s...

Corcentric Unveils GenAI Enhancements to Streamline Invoice Processing
Artificial Intelligence // March 05, 2024

Corcentric, a provider of procurement and finance solutions, integrated generative artificial intelligence technology into its services. The enhancement, centered around using supervised machine learning and OpenAI’s GPT, aims to deliver enhanced levels of accuracy and efficiency to accounts payable (AP) invoice processing for its customers, Corcentric...

Corcentric and Riteload Offer Managed Payments for Carriers and Shippers
B2B Payments // November 29, 2023

Procurement and finance solutions firm Corcentric teamed with Riteload, a trucking sector freight matching platform. The partnership is designed to offer managed payments services for carriers and shippers, the companies said in a Wednesday (Nov. 29) news release. “Partnering with Riteload, we are able to...

Interviews & Exclusives
Four Questions for CFOs About AP and AR Automation

March 14, 2024
We are nearly a quarter of the way through the 21st century. But many firms are still carrying around legacy payment systems and suffering from clunky B2B workflows. This, despite the fact that — particularly within the B2B space — effectively deploying modern and digital payments technology is increasingly becoming critical to success. Modern technology, […]

CFO Partnerships Are Putting the Collaboration in C-Suite

March 11, 2024
If you want to go fast, go alone. If you want to go far, go together. While the origins of that allegedly African proverb appear to be shrouded in uncertainty,...

Only One-Third of Firms Use Critical AP/AR Automation Tools

August 16, 2023
Accounts receivable (AR) and accounts payable (AP) workflows rely on labor-intensive, manual processes prone to human error and delays — but specialized software and automation are changing that. Digital technologies...

92% of Healthcare Companies Plan to Embrace Real-Time Payments

August 09, 2023
FedNow is right now. And with the move into real-time payments, the stage is set for a continued embrace of faster transactions, modernizing trillion-dollar industries that have thus far been...

Quick Reads
CTS Systems Adds Corcentric’s Managed AR to Travel Booking Platform

May 08, 2024
CTS Systems has integrated Corcentric’s Managed Accounts Receivable (AR) services into its travel booking platform.  With this integration, the CTS Systems platform will offer corporate travel agents and hotels a single-source solution providing consolidated, digitized and secure invoice processing, the companies said in a Wednesday (May 8) press release.  “By partnering with Corcentric, we’re able to leverage our existing platform to vastly […]

Corcentric Unveils GenAI Enhancements to Streamline Invoice Processing

March 05, 2024
Corcentric, a provider of procurement and finance solutions, integrated generative artificial intelligence technology into its services. The enhancement, centered around using supervised machine learning and OpenAI’s GPT, aims to deliver enhanced...

Corcentric and Riteload Offer Managed Payments for Carriers and Shippers

November 29, 2023
Procurement and finance solutions firm Corcentric teamed with Riteload, a trucking sector freight matching platform. The partnership is designed to offer managed payments services for carriers and shippers, the companies...

Corcentric Unveils AR Management Tool in France

September 07, 2023
Procurement and billing solutions firm Corentric has launched its Managed Accounts Receivable (AR) solution in France to help eliminate issues that challenge AR departments. According to Xavier Pierre-Bez, vice president of business and...