Corcentric
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.
Company Details
- Website
- https://www.corcentric.com
- Funding
- Corcentric secured an $80 million Series B round on May 1, 2020, led by Bregal Sagemount, and raised a $315 million credit facility on June 13, 2023. In 2021, the company announced an intent to go public via a SPAC merger with North Mountain Merger Corp. at an implied pro forma enterprise value of $1.2 billion, but the deal did not close, and the company remains private.
- Total Raised
- $395M
- https://www.linkedin.com/company/corcentric
Specializations
- Procurement
- Finance Automation
- Accounts Payable
- Accounts Receivable
- B2B Commerce
Certifications
- SOC 1 Type 2
- SOC 2 Type 2
- GDPR Compliant
- ISO 27001:2013
- HIPAA Compliant
Products & Solutions (5)
| Product | Category | Sub-Category | Description |
|---|---|---|---|
| Corcentric | finance | Financial Planning & Analysis | Proven results. Built together. |
| Corcentric Fleet Solutions | SUPPLY-CHAIN | Logistics | End-to-end lifecycle management for the fleet industry. |
| Managed Accounts Receivable Solutions | finance | Accounts Payable Automation | Boost cash flow, reduce risk, and streamline AR with expert-backed technology. |
| Managed Services Solutions | finance | Accounts Payable Automation | Streamline AP, AR, & procurement with expert support, scalable tech, & improved cash flow. |
| Procurement Solutions | procurement | Source-to-Pay | Tailored procurement solutions to streamline operations, control spend, and boost savings. |