Corcentric
Accounts payable (AP) & spend analysis software
Procure to pay software
Purchasing software
Accounts receivable software
Billing software
Procurement software
Accounting & finance software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
Take the quiz to check if Corcentric and its alternatives fit your requirements.
Pay-as-you-go
Free Trial unavailableFree version unavailable
Small
Medium
Large
- Banking and insurance
- Media and communications
- Professional services (engineering, legal, consulting, etc.)
What is Corcentric
Corcentric is a procure-to-pay and business payments platform that supports procurement, invoicing, accounts payable automation, and supplier payments, with related spend visibility and controls. It is used by finance and procurement teams to manage purchasing workflows, invoice processing, approvals, and payment execution across suppliers. The product combines software with managed services options for AP and payments, and it also offers complementary order-to-cash capabilities such as billing and accounts receivable automation. Deployments commonly focus on standardizing P2P processes, improving invoice-to-pay cycle times, and increasing spend transparency.
End-to-end P2P coverage
The platform spans core procure-to-pay steps including requisitioning/purchasing, invoice capture and workflow, AP automation, and supplier payments. This breadth supports organizations that want a single operational flow from purchase through settlement rather than separate point tools. It also provides spend visibility features that can be used for reporting and control across purchasing and AP activity.
Payments and AP services option
Corcentric offers both software and services-oriented models, including managed services for AP and payments in addition to automation tools. This can fit teams that want to outsource parts of invoice processing or payment operations while keeping governance and approvals in-system. The combination can reduce internal operational burden compared with software-only approaches.
Supports O2C alongside P2P
Beyond procurement and AP, Corcentric provides order-to-cash functions such as billing and accounts receivable automation. This can help finance teams that prefer fewer vendors across payables and receivables processes. It also enables more consistent controls and reporting across cash-in and cash-out workflows.
Breadth may add complexity
Because the suite covers multiple finance and procurement domains, implementations can involve more configuration, integration, and change management than a narrowly scoped AP automation tool. Organizations may need to prioritize modules and phase rollout to avoid overextending resources. Total time-to-value can depend heavily on process standardization and data readiness.
Integration requirements vary
Procure-to-pay and payments platforms typically require ERP, banking/payment, and supplier master data integrations to operate smoothly. Integration effort and ongoing maintenance can be material, especially in multi-ERP or multi-entity environments. Buyers should validate available connectors, API coverage, and how exceptions are handled across systems.
Global needs require validation
For organizations with complex global requirements (multi-country tax, e-invoicing mandates, and local payment rails), capabilities often vary by region and use case. Coverage for specific compliance regimes and payment methods should be confirmed during evaluation. Service availability and support models may also differ by geography.
Plan & Pricing
Pricing model: Variable / usage-based (pricing tailored to customer; scales with invoice/transaction volume and ROI) Free tier/trial: No permanently free tier listed on the official site. Free trial not explicitly advertised on public pages (see notes). Example costs: No public SKU or per-unit prices published on the official Corcentric website. Discount options / notes: Corcentric states pricing aligns with ROI and can scale with volume; some offerings (e.g., Indirect GPO) note “No fees or commitments” for members and GPO pricing/discounting is handled via program enrollment. Corcentric also promotes a low/minimal upfront cost deployment model and a variable cost model that may reduce or eliminate upfront investment (and in some cases "convert AP to a profit center" where shared rebates exceed the cost). For detailed, binding pricing, Corcentric directs prospects to contact sales for a tailored quote.
Seller details
Corcentric, LLC
Cherry Hill, New Jersey, USA
1996
Private
https://www.corcentric.com/
https://x.com/Corcentric
https://www.linkedin.com/company/corcentric/
