Managed Services Solutions
Streamline AP, AR, & procurement with expert support, scalable tech, & improved cash flow.
Executive Summary
Corcentric's Managed Services solutions are designed to optimize and automate critical financial processes including Accounts Payable (AP), Accounts Receivable (AR), and Procurement. By combining expert support with scalable technology, businesses can achieve significant improvements in operational efficiency, accuracy, and cash flow management. The platform integrates seamlessly with existing ERP and financial systems, providing a unified approach to managing financial operations. The solutions leverage advanced automation and AI capabilities, such as intelligent invoice capture and AI-powered compliance, to reduce manual effort and ensure adherence to global regulations. Real-time monitoring of expenditures and actionable insights derived from financial data empower organizations to make smarter budgeting decisions and identify cost-saving opportunities. Corcentric helps businesses transform their financial back-office into a strategic asset, driving faster throughputs and better collaboration across the enterprise.
Use Cases
- Streamlining Accounts Payable (AP) processes for enhanced operational performance and accuracy.
- Automating Accounts Receivable (AR) and Order-to-Cash (O2C) to simplify customer, order, and payment management.
- Optimizing procurement and spend management through real-time monitoring and budget planning integration.
- Ensuring global invoicing compliance and automating cash application processes.
- Reducing costs and boosting efficiency across financial operations.
Features
Visibility
- Real-time Spend Monitoring: Monitor all OpEx, CapEx, and project-based budgets in real-time to identify savings opportunities and control expenditures.
Intelligence
- Actionable AP Insights: Equips businesses with data-driven insights from accounts payable to support smarter budgeting and operational improvements.
Support
- Expert Support: Provides expert assistance to help businesses streamline AP, AR, and procurement processes, ensuring smooth operations and adoption.
Technical Specifications
- Deployment
- SaaS
- API Available
- Yes
Integrations
- Avalara
- ERP Systems
Pricing
- Target Customer
- Mid-Market,Enterprise
About Corcentric
Corcentric is a global provider of procurement and finance solutions, offering automation of accounts payable and receivable, management of procurement processes, and strategic advisory services to optimize financial operations.