# Corcentric

> Corcentric combines enterprise software, managed financial operations and financing to reduce purchasing costs and improve cash flow. Founded as AmeriQuest in 1996, the Cherry Hill company grew across procurement, payments and receivables; its current corporate positioning emphasizes fleet solutions and managed accounts receivable.

- **Founded:** 1996
- **Headquarters:** Cherry Hill, United States
- **Founders:** Douglas W. Clark (Founder and Executive Chairman)
- **Products:** Managed Accounts Receivable, Fleet Procurement / Fleet GPO, Fleet Financing, Fleet Remarketing, Fleet Analytics
- **Notable:** Geith case study reports DSO falling from 90 to 59 days and query resolution from 15.8 to 3.5 days., Fleet page reports purchasing power representing over 800,000 vehicles and more than 130 supplier programs., Named to the Inc. 5000 for the 11th time in 2021, at No. 3574.

## Products & services

- **Managed Accounts Receivable** — Managed invoicing, cash application, collections, dispute handling and receivables financing, including contractually agreed payment timing and non-recourse arrangements.
- **Fleet Procurement / Fleet GPO** — Aggregated fleet purchasing, negotiated supplier programs, consolidated billing and dispute management.
- **Fleet Financing** — Equipment financing and leasing supported by vehicle lifecycle and operating-cost analysis.
- **Fleet Remarketing** — Used commercial-vehicle disposal, marketing and sale support.
- **Fleet Analytics** — Fleet cost and lifecycle analysis to inform acquisition, retention and replacement.
- **Source-to-Pay** — Procurement software for sourcing, contracts, suppliers and purchasing; remains in site navigation despite the sharper corporate focus on fleets and Managed AR.
- **Accounts Payable and Payments** — Invoice processing and approval automation with payment execution and supplier enrollment capabilities.
- **Electronic Invoicing** — Digital invoice delivery and EDI integration, with support for legacy delivery channels.

## Achievements

- Geith case study reports DSO falling from 90 to 59 days and query resolution from 15.8 to 3.5 days.
- Fleet page reports purchasing power representing over 800,000 vehicles and more than 130 supplier programs.
- Named to the Inc. 5000 for the 11th time in 2021, at No. 3574.
- Corcentric and Stimson Lumber won Ardent Partners’ Best Technology Partnership Award in September 2025.

## Latest updates

- **2026-10** — Observed on review in October 2026: current company history records a strategy refinement; corporate positioning now emphasizes Fleet Solutions and Managed Accounts Receivable. Month not specified.
- **2026-02** — Announced Unite marketplace partnership on February 4 and Workato integration partnership on February 2.
- **2026-01** — Mike Meehan joined as VP Capital Equipment Solutions, announced January 28.
- **2025-10** — Announced Avalara e-invoicing partnership and CB procurement/finance digitization customer selection.

## Links

- Website: https://www.corcentric.com/
- LinkedIn: https://www.linkedin.com/company/corcentric
- Twitter/X: https://twitter.com/Corcentric
- YouTube: https://www.youtube.com/channel/UC6qWqLgG9QNtEfcfjsMJV6w
- Facebook: https://www.facebook.com/corcentric/

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Profile page: https://yespress.io/corcentric
Published by YesPress — https://yespress.io
Last updated: 2026-10-26