MANAGED ACCOUNTS RECEIVABLE (AR) Unlock working capital to support business goals Contact Us Order-to-Cash (O2C) Software & Solutions Managed Accounts Receivable (AR) Go beyond software: Corcentric O2C ManagedAR guarantees DSO reduction, on-time payments, improved working capital, and elimination of bad debt Fact: To move at the speed of business, software isn’t nearly enough. Corcentric ManagedAR solutions take you beyond technology, enabling your finance department to focus on meeting growing business demands through a powerful combination of subject matter experts, financial services, and software. ManagedAR is a one-stop solution for optimized O2C and accounts receivable management that delivers guaranteed business outcomes…and sustainable bottom-line performance. Reducing Days Sales Outstanding If your DSO is too high, how much negative impact is that having on cash flow? Eliminate Bad Debt + Risk of Non-Payment Eradicate unpaid invoices and ensure payments are on time, every time. Administration of Disputes and Collections Too many hours wasted chasing credit approvals and dealing with disputes and collections? Role of managed finance and accounting services during the pandemic 38% view working capital issues as a top challenge. 49% of CFOs immediately focused on liquidity. 52% open to leverage third parties for handling finance and accounting functions. SOURCE: EVEREST GROUP 2020 GLOBAL CFO SURVEY BILL LONG President and CEO, Motor & Equipment Manufacturers Association “At MEMA, we strive to bring opportunities to make our 1,000+ members more profitable. We want to recognize and applaud the strong relationship developed over many years between AASA and Corcentric. Corcentric has served as a valuable innovator and thought leader to suppliers who continue to face headwinds like extended terms, supply chain, streamlining invoicing and other communications between suppliers and channel partner.” Credit Management Corcentric ManagedAR will take on your customer credit issuance processes — re-assess, conduct credit checks, and issue lines of credit — and take on your credit risk. Our solutions free your team to focus on business growth instead of credit management processes and technology, while we transform your accounts receivable processes and improve your cash flow. GET THE DETAILS… Invoicing + eBilling Corcentric ManagedAR takes the entire invoicing and billing burden off your team, automating accounts receivable and improving invoicing accuracy in the process. Our ManagedAR handles validation, presentment, and distribution, reducing costs and DSO to improve your company’s cash flow. GET THE DETAILS… Dispute Management Billing errors may be unavoidable, but disputes don’t have to be. The experienced team of AR professionals and robust software of Corcentric’s O2C ManagedAR solutions mitigate issues before they escalate. If a dispute occurs, our ManagedAR team handles resolution, only involving your team when necessary. GET THE DETAILS… Collections Management With Corcentric ManagedAR, your finance department no longer requires a substantial investment in human capital, technology, and compliance expertise to collect delinquent accounts receivable. With 20+ years of experience, our proactive communication approach handles debt collection without damaging the potential for future business opportunities with customers. Cash Application Why wait? Get paid on your terms — 5, 15, 30-days — and receive all payments due in a single payment from Corcentric. Our ManagedAR solution lifts the burden of cash application from your team, managing payment information, remittance, invoice matching, deduction management, and reconciliation of your payment process. Supply Chain Finance Corcentric Supply Chain Finance provides guaranteed on-time payments and DSO reduction to suppliers on your terms, enabling suppliers to improve cash flow while giving you greater control over working capital. GET THE DETAILS… ManagedAR Services Our O2C ManagedAR solutions meet your financial and operational business needs by combining people, process, technology, and financing. By removing your entire order-to-cash burden, your team is free to focus on critical business growth while we liberate your cash flow and deliver value from Day 1. GET THE DETAILS… Analytics Empower executives with actionable insights into your order-to-cash and accounts receivable processes. Receivable performance Customer risk profiling Accounts receivable (AR) aging report Month-end reporting DSO reports Sales reports Spend analysis Combined O2C Technology, Financial Services, and Consulting Watch Now Did you know? Up to 50% guaranteed DSO reduction. $2.2B+ annual guaranteed payment transaction value. $0 in late payments due to disputes. $0 bad debt expense. PAUL MCCARTHY President and COO, AASA “For over 15 years, Corcentric has partnered and supported the aftermarket supplier’s association to make it easier for members to do business. Streamlining and building healthy relationships between suppliers and channel partners in the aftermarket is crucial for a healthy and prosperous industry. In one illustration of the long-standing partnership and value that Corcentric brings to our members, Corcentric was nominated as one of the finalists for the ATC Technology Innovation award in the Fall of 2020.” TRUSTED BY THOUSANDS OF LEADING COMPANIES See our Customer Stories How Corcentric Managed Accounts Receivable optimizes your AR process: We’ll help build a managed accounts receivable strategy that builds stakeholder support Contact Us Related Order-to-Cash Resources WEBINAR Guaranteed Improved Working Capital: Why Tech is Just Not Enough Learn how to reap the full benefits of O2C transformation and improve working capital by combining technology, services, and consulting. Watch Now PODCAST Corcentric Conversations: eInvoicing, Cash Flow & Business Resilience A conversation on how e-Invoicing can help improve cash flow and ensure business continuity in challenging times and beyond. Listen Now REPORT 4 Ways Senior Execs Benefit from O2C Automation O2C automation removes the obstacles of error-prone manual tasks and enables executives to support the execution of their business strategy. Get the Report View All Resources Corcentric helps more than 2,300 companies enhance cash flow quickly through an unmatched combination of software, advisory services, and payments that transform how companies purchase, pay, and get paid. (800) 608-0809 200 Lake Drive East Suite 200 Cherry Hill, NJ 08002 support@corcentric.com More Locations Contact Us CORCENTRIC PLATFORM Source-to-Contract − Sourcing − Supplier Management −− Supplier Information −− Supplier Performance − Contract Management Procure-to-Pay − Procurement − Invoice Management − Financial Management − Payments + Financing Analytics − Spend Analytics Core Framework − Enterprise Integration AP AUTOMATION Electronic Purchase Order Approval Workflow − Receiving E-Invoices − Invoice Approval Routing − Three-Way Match E-Invoicing STRATEGIC ADVISORY Strategic Sourcing Category Management Cost Reduction Procurement Transformation MANAGED SERVICES Procurement Services Help Desk Services ORDER-TO-CASH Managed AR − Supply Chain Finance − Centralized Billing EIPP − EDI − Document Distribution − Sending e-Invoices − Online Payments − Managed Postal Invoicing AR Automation INDIRECT GPO FLEET SOLUTIONS Fleet Procurement/GPO − Construction/Agriculture − Material Handling Fleet Financing Fleet Analytics Fleet Suppliers Fleet Remarketing RESOURCES Blog Case Studies Datasheets Podcasts Reports Videos Webinars White Papers COMPANY Our Story − AmeriQuest − Determine − Netsend