Corcentric is a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and middle-market companies.

Corcentric delivers software, advisory services, and payments focused on reducing costs, optimizing working capital, and unlocking revenue.

Thousands of companies globally have trusted Corcentric’s expert team and suite of world-class solutions to spend smarter, optimize cash flow, and drive profitability.




Matt Clark


Cherry Hill, New Jersey (US)


Privately Held

Learn more about Corcentric’s company, solutions, and services.

Treasury Technology Analyst Report

Primary coverage on treasury technology can be found in Strategic Treasurer’s annually released Treasury Technology Analyst Report. These definitive guides include the market case, historic functionality, and future developments of solutions across these categories:

  • Treasury & Risk Management Systems
  • Treasury Aggregators
  • Supply Chain Finance & Cash Conversion Cycle Solutions
  • Enterprise Liquidity Management

Explore special coverage of Corcentric’s company and solution set in the report below.

2022 Treasury Technology Analyst Report

Headlines & Awards

Matt Clark named Corcentric CEO

As President and CEO, Clark leads long-term strategic initiatives that advance Corcentric’s business growth and market position and oversees operations across business lines and functions. A 19-year Corcentric veteran, he has held senior roles within sales and operations, in addition to his recent duties as President and COO.

Corcentric named a Spend Matters Top 50 Procurement Provider to Know

For the fifth consecutive year Corcentric is recognized as a best-in-class company in the procurement and supply chain market.

Corcentric announces availability of its transformative Intelligent Applications solution

The applications are powered by an AI platform designed to extend across Corcentrics products, enabling finance and procurement leaders to automate and simplify critical business processes.

Customer Service

Toll-Free: (800) 608-0809

  • Cor360 PO
    • Remote around the US.
    • Hours of operation: 8am – 5pm Eastern.
    • Language: English
  • CorConnect, Cor360 (our Corcentric Legacy team)
    • Remote around the US.
    • Hours of operation are from 7am – 7pm Eastern.
    • Language: English
  • Corcentric Platform (US)
    • Remote around the US.
    • Hours of operation are from 8am – 8pm Eastern (with 1 agent in India for emergencies during US night)
    • Language: English
  • Corcentric Platform (France)
    • Aix en Provence, France.
    • Hours of operation are from 9am – 6pm local time (CET)
    • Languages: French, English
  • UK EIPP (our legacy Netsend team)
    • London, England
    • Hours of operation are from 9am – 5:30pm local time (GMT)
    • Language: English
  • Payments (our legacy Vendorin team)
    • Remote around the US.
    • Hours of operation: 9am – 6pm Eastern.
    • Language: English


Mediums for all businesses: Phone (phone system used is now DialPad) and Email across all businesses. Working on implementing portals across all business.


Process: Customer sends an email or calls in. All tickets go into Salesforce Service Center (excluding Payments for the time being). If not solved right away, our personnel follow up at least once every 2 days if customer is unresponsive or to give update, etc.


Initial Response times (excludes Payments):

Type of Issue Definition Average Initial Response from Support
Urgent An emergency characterized by a malfunction preventing the correct operation of the application and/or making it impossible for a significant number of users to use one of the critical features of the application and no workaround exists. 1 hour. Must contact via phone.
High Malfunction that substantially impacts use of application. Issue has a negative impact for users trying to execute tasks using the application but is not blocking. It may require a workaround to achieve the expected result. 4 business hours
Normal Issue other than Urgent or High which does not allow application to be used as planned and/or has minor impact on the process. A workaround is always possible 1 business day
Minor Any issue other than Urgent, High and Normal. Examples are typos in UI or any issue that does not impact planned usage of application. 4 business days



“ProMach strives to deliver consistent, high-performance, industry-leading processing and packaging solutions from our various business lines to our entire customer base…Implementing the Corcentric Payments solution helps us deliver the same level of performance to our highly valued suppliers through a proven, innovative, and secure payment platform.”

Kevin Carroll, Vice President of Corporate Finance at ProMach


Second Testimonial (watch here)


“With the team at Corcentric being responsive and helpful, the deployment process was fast, meaning we were able to start saving money quickly,”

Jeff Esprit, Business Process Improvement Manager at Travelport

Case Study

Major Manufacturer Adopts Financial Process Automation to Optimize Parts Business

The Business

As the leading commercial vehicle manufacturer in North America, Daimler Trucks North America manufactures, sells, and services several renowned commercial vehicle brands including Freightliner, Western Star, Detroit, and Thomas Built Buses nameplates. To manage this set of distinctive brands that serve a multitude of industries and commercial vehicle applications, Daimler established a National Accounts parts division focused on delivering billing and support services for its small, regional, and national fleets.

The Experience

A growing business, Daimler’s National Accounts parts division was managing an expanding fleet parts business of hundreds of dealer operators that supported more than 15,000 customer locations nationwide. Recognizing a higher level of billing and technology expertise was needed, Daimler looked to Corcentric’s ManagedAR solution, a technology enabled managed service that guarantees payments for receivables. Working with Corcentric, Daimler was focused on refining their billing and support services across their vast dealer network by outsourcing the billing and collections process while enabling electronic invoices to dealer customers using the Corcentric platform.

Once the technology went live, it enabled more than 17,000 unique connections between Daimler dealers and buyer ERP and point of sale systems.

~ Richard Simons, General Manager of Parts, Sales and Marketing

Corcentric’s ManagedAR solution enabled more than 17,000 unique connections between Daimler dealers and buyer ERP and point of sale (PoS) systems by normalizing hundreds of types of data formats across the business network and turning that data into a digital format. Corcentric’s ManagedAR transformed Daimler’s billing processes and customer support network, so they could focus on improving cash flow and sales growth while improving customer experience. “After the successful implementation, Daimler was able to move forward and provide their customers a new level of billing accuracy and visibility that translated into significant reduction in disputes,” notes Corcentric Chairman and CEO Doug Clark. As part of the ManagedAR solution, Corcentric also assumes the credit risk of Daimler’s customers, by taking on the receivables and accelerating payment to Daimler dealers. Through the accelerated payment offering, Corcentric also eliminated the need for Daimler dealer locations to seek payment from delinquent purchasers. Clark notes, “Based on our ability to facilitate accelerated payments for Daimler’s dealer locations, Corcentric was able to decrease average Days Sales Outstanding (DSO) from 37 to 15 days.”

The Future

Corcentric’s ManagedAR solution has contributed to a significant increase in annual revenue for Daimler’s parts and service program and has also added to customer acquisition and retention. Daimler reports that the platform enabled them to sign new customers that otherwise would not have been possible. It also enabled Daimler to re-engage several major accounts that had previously been inactive but were willing to participate in a new, industry-leading dealer billing program. Less than two years after the Corcentric solution was implemented, Daimler saw a substantial increase in invoices processed, a double digit growth in revenues realized, and an 86 percent decrease in disputes with no additional overhead needed to accommodate its increased parts business. “Partnering with Corcentric to manage our billing has consistently enabled us to not only achieve significant processing efficiencies, but to have the visibility to identify customer trends, forecast spend, and develop strategic initiatives that actually improve our working capital,” says Richard Simons, General Manager of Parts Sales and Marketing for Daimler Trucks North America.

Visibility to identify customer trends, forecast spend, and develop strategic initiatives that actually improve our working capital.

~ Richard Simons, General Manager of Parts, Sales and Marketing

Event Attendance


Corcentric Symposium

Regularly Attends

APP2P Spring & Fall
ProcureCon West
The U.S. Fintech Symposium
ISM World
PE Operating

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