Corcentric
AP automation, procurement and billing solutions
- 501-1000 employees
- Fintech
- B2B
- Enterprise
- SaaS
- Accounting
- Procurement
- Cherry Hill, NJ
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Company mission
To make saving more and stressing less the norm for procurement and finance professionals.
14% employee growth in 12 months
Our take
Maintaining a smooth cash flow as an Enterprise can be highly problematic due to the complex financial movements involved with procurement, accounts payable, and accounts receivable. Whilst cashflows can be optimized by data-driven financial processes and expert advice, such solutions generally rely on time-consuming data analysis processes and expensive consultation fees.
Corcentric provides end-to-end procurement, accounts payable, and accounts receivable solutions, combining financial process automation, advisory services, and payment infrastructure to maximize business cashflows. The company achieves this through a suite of enterprise-focused solutions for source-to-pay and order-to-cash workflows, in addition to its cashflow specialists.
Through its unified combination of cashflow expertise and modular workflow automation tools, the company aims to maximize the cash flow of its clients and future-proof against the future of automated payment infrastructure. With post-IPO funding awarded in 2023 from the Bank of America and JP Morgan, Corcentric can accelerate these ambitions.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Generous annual paid time off program that increases with tenure
- An annual paid day off to volunteer for causes that are near and dear to you
- Paid maternity, paternal/secondary caregiver, and adoptive parent leave
- Company-paid life and disability insurance
- 401k program with a company match
- Medical insurance plan options ranging from a traditional PPO to High Deductible Health Plan options that feature a company HSA contribution
- Dental plan – including orthodontia coverage
- Vision plan – including discount for LASIK surgery
- Eight paid holidays plus three personal holidays to recognize or celebrate an occasion that is important to you
- All medical, dental, and vision insurance plans are available from the first of the month following your start date – no extended waiting period to be eligible!
- A no-cost Employee Assistance Program - 24/7 access to confidential counseling services and a wide range of additional support and professional services
Funding (1 round)
May 2020
$80m
GROWTH EQUITY VC
Total funding: $80m
This company has top investors
Leadership
Matt Clark
(CEO)They initially joined Corcentric in 2004 as the President and COO, roles they held until 2023 when they became the CEO. Prior to Corcentric, they spent 3 years at Infolinx as a Project Manager.