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Corcentric Named in New Gartner Report

Oct 31st 2014 at 3:04 AM

(1888 PressRelease) Corcentric recognized as a "Sample Vendor" for AP Invoice Automation Solutions in the recently released report.

McLean, VA - Corcentric, a leading provider of Accounts Payable automation and electronic invoicing solutions, was named in the AP Invoice Automation category of the August 26, 2014 report, IT Market Clock for Financial Management Applications, 2014 by Nigel Rayner at Gartner, Inc.

According to the report, "AP invoice automation solutions can improve the effectiveness and efficiency of the AP function and, thus, positively impact working capital." The report's recommendation summary grid states, "A growing number of solutions are available, and adoption is increasing. Evaluate within the next 12 months if you have not implemented this functionality already; although, ensure you consider these as part of a broader P2P solution and also explore e-invoicing capabilities."

"We are extremely pleased to be named in this Gartner report," stated Dave Lindeen, Senior Vice President of Sales for Corcentric. "Customers using our COR360 leading-edge workflow solution find they've been able to streamline invoice processing, cut costs, and realize full visibility into their AP processes. But it's the flexibility of the solution that makes it optimal for accounts payable professionals. For companies that are totally manual, COR360 offers full purchase-to-pay functionality. For companies that are currently in different stages of digitizing, either scanning their own documents or utilizing some workflow capability, COR360 can tie into those current processes and start improving results from day one."

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Corcentric
For more than 15 years, Corcentric's cloud-based financial process automation solutions have revolutionized how the world's largest organizations manage and protect their financial assets. By connecting best practices with deep expertise, Corcentric's ground-breaking Accounts Payable and Accounts Receivable automation solutions have enabled organizations to reduce costs, streamline processes, and provide unmatched visibility executives need to make critical business decisions.

Learn more at http://www.corcentric.com or call 888.525.7677.

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