SUPPLY CHAIN FINANCE SOLUTIONS Guaranteed and fixed DSO for your receivables Contact Us Order-to-Cash (O2C) Software & Solutions Managed Accounts Receivable (AR) Supply Chain Finance Get paid faster…on your terms Corcentric Supply Chain Finance solution guarantees payment and DSO reduction to suppliers on your terms. Our solution enables suppliers to improve cash flow while you gain greater control over your working capital. Get Paid Earlier than Due Date Guaranteed, fixed DSO for your receivables. Accelerate your invoice 15, 30, 40, or even 60 days earlier while your buyers pay as usual. Receive Payments On-Time, Every Time No more unpaid invoices. Corcentric eradicates your credit risks and eliminates bad debt expenses. Cost Savings Eliminate the burden of billing production and distribution, credit issuance, collections, and disputes. How Supply Chain Finance works with Corcentric Suppliers Get Paid Early The suppliers establish the relationship with Corcentric Corcentric pays the suppliers earlier than contracted terms with the buyer. The acceleration period can be 15, 30, 40 or even 60 days earlier The buyer gets billed by Corcentric on the terms established with the buyer Suppliers pay Corcentric a finance fee Supplier Benefits Guaranteed Payment and DSO Reduction Corcentric provides guaranteed payment and DSO reduction to suppliers. Payments to the suppliers are on-time, every time, and faster than buyer’s dictated terms. Turnover of Credit and Collections No more chasing down payments; 100% of buyer payments are handled by Corcentric. Your receivables risk is eliminated and transferred to Corcentric. Corcentric issues and monitors credit and collects the payments due. Lower Administrative Costs Too much time is spent on verifying a customer’s worthiness and chasing payment. With the risk management being assumed by Corcentric, a supplier’s employees can now focus on higher value tasks that lead to building a better business. Improved Customer Relationships Friction over payment terms and invoice disputes are two major points of contention that can harm a B2B relationship. With Corcentric acting as the middleman, payment term friction is eliminated. Better relationships often lead to more business and stronger, longer lasting partnerships. Access to Innovative Portal Incoming and outgoing payments are recorded in full, with a complete audit trail. That means both suppliers and buyers can stay up to date on transactions status and cash flow. Visibility and knowledge allow each party to optimize their working capital. Combined O2C Technology, Financial Services, and Consulting Watch Now TRUSTED BY THOUSANDS OF LEADING COMPANIES See our Customer Stories “An estimated 23% of organizations in a Gartner 2020 poll relied on supply chain finance to increase available cash flow to the business in the face of pandemic-driven economic headwind” See how one solution can unlock cash for both buyers and suppliers Contact Us Related Supply Chain Finance Resources VIDEO Centralized Billing is a Win-Win for Meineke Dealers Meineke Dealers is benefiting from consistent pricing and stronger relationships with its customers after implementing Corcentric Centralized Billing. Watch Now 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 CASE STUDY Daimler: Growth and Visibility with Managed AR Daimler Trucks North America transformed its billing processes to focus on improving cash flow and the customer experience. Get the Case Study 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 − Source One Awards