Corcentric

Proven results. Built together.

General Information
Company Name
Corcentric
Founded Year
1996
Location (Offices)
Cherry Hill, United States +6
Founders / Decision Makers
Number of Employees
614
Industries
Enterprise Software, Financial Services, Logistics +1
Funding Stage
Debt Financing
Social Media

Corcentric - Company Profile

Corcentric is a leading global provider of best-in-class procurement and finance solutions. It offers a unique combination of technology and payment solutions complemented by robust advisory and managed services. The company aims to reduce stress and increase savings for procurement and finance business leaders by forming a strategic partnership to diagnose pain points and deliver tailor-made solutions for their unique challenges. With a history spanning over two decades, Corcentric has proven itself as a trusted partner that delivers proven results. Founded in 1998, the company operates in the Enterprise Software and Payments industries from its headquarters in the United States. In its most recent funding round on 13 June 2023, Corcentric secured a substantial $315.00M Debt Financing investment, with contributions from prominent investors including Bank of America, The TCW Group, and JP Morgan Chase. This investment further underscores the confidence and support that financial institutions have in Corcentric's vision and capabilities in revolutionizing procurement and finance solutions on a global scale. To find out more about Corcentric and its innovative approach to procurement and finance, visit www.corcentric.com.

Taxonomy: procurement solutions, finance solutions, business spend management, revenue management, advisory services, managed services, working capital optimization, invoice automation, ERP integration, e-payment solutions, financial process automation, accounts receivable automation, strategic sourcing, fleet procurement, capital equipment solutions

Funding Rounds & Investors of Corcentric (2)

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Funding Stage Amount No. Investors Investors Date
Debt Financing $315.00M 3 The TCW Group, JP Morgan Chase 13 Jun 2023
Private Equity Round $80.00M 1 06 May 2020

Latest News of Corcentric

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No recent news or press coverage available for Corcentric.

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