Cherry Hill, NJ – According to filings with the U.S. Securities and Exchange Commission, Corcentric is raising $79,999,941.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Doug Clark played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Corcentric

Corcentric is a leading provider of procurement and finance solutions that transform how companies purchase, pay, and get paid. Corcentric’s procurement, accounts payable, and accounts receivable solutions empower companies to spend smarter, optimize cash flow, and drive profitability. Corcentric was named a 2019 50 Providers to Know by Spend Matters and a leader in IDC MarketScape: Worldwide SaaS and Cloud-Enabled Accounts Payable Automation 2019. Since 1996, more than 6,000 customers from the middle market to the Fortune 1000 have used Corcentric to reduce costs and improve working capital.

To learn more about Corcentric, visit http://www.corcentric.com/

Contact:
Doug Clark, Chief Executive Officer
800-608-0809
dclark@corcentric.com
https://www.linkedin.com/in/doug-clark-a9378/

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