Corcentric

Corcentric, formerly known as AmeriQuest, is a leading provider of business spend management and revenue management software and services.

Corcentric transforms the way businesses purchase, pay, and get paid, through a holistic suite of AP automation solutions.

Corcentric was founded in 1998 in McLean, Virginia, by Douglas Clark. The company is headquartered in Cherry Hill, New Jersey, with offices across US. Corcentric's subsidiary companies include AmeriQuest Transportation Services, Corcentric, NationaLease, and CURE Leasing and Maintenance.

 

Corcentric is uniquely able to offer a suite that empowers companies to spend smarter, optimize cash flow, and realize significant value. Corcentric supports almost $500 billion of annual B2B commerce across more than 2,000 customers in manufacturing, transportation, wholesale/distribution, retail, healthcare, and financial services end markets.

 

Corcentric's software helps more than 6000 of the largest companies leverage smarter technology to improve their procure to pay process. Corcentric's procurement, accounts payable, and accounts receivable solutions empower companies to spend smarter, optimize cash flow, and drive profitability.

 

Corcentric has raised $80M in a new round of funding on May 06, 2020. The financing was backed by Bregal Sagemount.

 

Corcentric was named a 2020 '50 Providers to Know' by Spend Matters, a leader in IDC MarketScape: Worldwide SaaS and Cloud-Enabled Accounts Payable Automation 2019, and a Strong Performer in The Forrester Wave™: Source-To-Contract Suites, Q4 2019.

 

 

  • Year founded: 1998
  • Funding Info: $80M over 1 Round (Funding Type: Venture- Series Unknown)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Cherry Hill
  • State: New Jersey
  • Country: United States
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