Corcentric

B2B Consumerization and Gen AI Needed to Unlock Potential of Buyer-Supplier Ecosystem, Experts Say
B2B Consumerization and Gen AI Needed to Unlock Potential of Buyer-Supplier Ecosystem, Experts Say
August 17, 2023  |  Commercial Payments

While B2B payment services have previously prioritized buyers, there is an increasing focus on providing value to suppliers, including accelerated payments.  According to Matt Clark, president...

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Only One-Third of Firms Use Critical AP/AR Automation Tools
Only One-Third of Firms Use Critical AP/AR Automation Tools
August 16, 2023  |  Accounts Payable

Accounts receivable (AR) and accounts payable (AP) workflows rely on labor-intensive, manual processes prone to human error and delays — but specialized software and automation...

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92% of Healthcare Companies Plan to Embrace Real-Time Payments
92% of Healthcare Companies Plan to Embrace Real-Time Payments
August 09, 2023  |  Real-Time Payments

FedNow is right now. And with the move into real-time payments, the stage is set for a continued embrace of faster transactions, modernizing trillion-dollar industries...

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Time for CFOs to Break the AP/AR Automation Bottleneck 
Time for CFOs to Break the AP/AR Automation Bottleneck 
July 31, 2023  |  CFO

Today’s CFOs find themselves more and more in the driver’s seat.  But that doesn’t mean the road ahead is a clear one.  Coming out of a...

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Over Half of Retailers and Manufacturers Investing to Modernize Procurement Processes
Over Half of Retailers and Manufacturers Investing to Modernize Procurement Processes
July 31, 2023  |  Digital Payments

Here on the other side of the pandemic, industry verticals that are modernizing through digital payments transformation are seeing the payoffs across functions including accounts...

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AP Automation Significantly Reduces Friction in the Source-to-Pay Cycle
AP Automation Significantly Reduces Friction in the Source-to-Pay Cycle
July 27, 2023  |  Accounts Payable

Automation can be an engine for efficiency, speed and accuracy in accounts receivable (AR). It can enable companies to reduce their days sales outstanding (DSO)...

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90% of CFOs Want Automation to Fix Payments Errors and Delays
90% of CFOs Want Automation to Fix Payments Errors and Delays
July 26, 2023  |  Commercial Payments

As economic angst keeps grabbing headlines worldwide, it becomes increasingly important for businesses to look at how technology can create manageability. Accounts receivable (AR) automation...

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100 CFOs Say That Businesses With AR Frictions Must Either Automate or Fall Behind
100 CFOs Say That Businesses With AR Frictions Must Either Automate or Fall Behind
July 17, 2023  |  Accounts Receivable

The accounts receivable (AR) function of a business relies on timely payment for goods and services provided, which can help optimize the cash conversion cycle...

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Enterprise AI’s Biggest Benefits Take Firms Down a Two-Way Street
Enterprise AI’s Biggest Benefits Take Firms Down a Two-Way Street
July 11, 2023  |  artificial intelligence

Artificial intelligence (AI) is changing the world, or at least the way the information economy operates. And the way the information economy operates is increasingly...

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