Unleash fleet cost savings through Corcentric’s group purchasing organization (GPO)

In today’s fast-paced business world, cutting costs and boosting efficiency aren’t just goals—they’re necessities for growth and staying competitive. One powerful way to achieve this is by tapping into group purchasing organizations (GPOs). These networks let businesses join forces, pooling their buying power to secure better deals and more favorable terms from suppliers across industries.

What are group purchasing organizations (GPOs)?

Group purchasing organizations, or GPOs, are alliances that bring together the purchasing power of multiple businesses, allowing them to negotiate discounts and advantageous terms from suppliers. Operating across industries like transportation, healthcare, and manufacturing, GPOs can be regional or national, offering members access to a wide range of goods and services at reduced prices.

The power of GPOs: Why join?

1. Cost savings: The main draw? Significant cost savings. By leveraging the collective purchasing power of a GPO, businesses can unlock lower prices and volume discounts that would be out of reach on their own.
2. Access to top suppliers: GPOs work with established, reputable suppliers, ensuring that members get high-quality products and services without cutting corners on quality.
3. Streamlined procurement: GPOs simplify procurement with pre-negotiated contracts and supplier agreements, saving your team time and resources that would otherwise go into managing multiple vendor relationships.
4. Market insights and best practices: Being part of a GPO gives you access to valuable market insights, industry trends, and best practices, keeping you competitive and informed about new opportunities in your sector.
5. Compliance and standards: GPOs often ensure that suppliers meet regulatory requirements and adhere to industry standards, reducing risks and enhancing operational reliability.

Here’s what makes Corcentric Fleet GPO the perfect match for fleets

Whether transportation is your core business or plays a necessary but ancillary role in getting your product to its destination, Corcentric’s more than two decades in this industry makes us the natural go-to resource for fleet procurement. With more than 2,000 GPO members and 800,000 vehicles, our aggregated buying power lets you get the type of competitive pricing usually reserved for the largest organizations.

When you team up with Corcentric, the impact on your bottom line is immediate and impressive. Whether it’s tires, parts, lubricants, or supplies, we offer substantial discounts— up to 20%—with over 130  top suppliers in the industry. And the best part? You keep buying the way you do today.

To ensure your fleet procurement strategy is optimized, our team delivers the latest products, negotiates pricing and terms, and provides flexible credit and payment services. With Corcentric’s fleet procurement software, you benefit from consistent, nationwide pricing across all your locations, backed by the buying power of over $1 billion in member spend. Here’s what makes Corcentric Fleet GPO a natural fit:

Fast, simple sign-up

Signing up with Corcentric is a breeze, and you’ll start saving from day one. Our easy-to-use Buyer’s Guide details each of our programs, including pricing, promotions, and warranty information.

Consistent, national pricing

With Corcentric, you get consistent national account pricing that won’t exceed agreed limits, ensuring that all your locations benefit from the same great deals. This uniform approach also helps minimize off-contract spending, increasing your overall savings.

Maintain your dealer relationships

Worried about disrupting your current dealer relationships? With Corcentric, there’s no need to change how you buy. You’ll continue to purchase as usual, while our fleet procurement experts handle all negotiations, support, and contract management on your behalf.

Simplify billing, payments and reporting

Every purchase through our Fleet GPO is processed through our CorConnect invoicing portal, giving your procurement and accounts payable teams real-time visibility into every invoice’s status. When transacting with Corcentric, we make the payment process easier by consolidating all your monthly spend into a single statement, covering all programs. Plus, Corcentric’s reporting tools provides users with helpful information in making informed decisions on operating their businesses.

Conclusion

GPOs give businesses a strategic edge by amplifying purchasing power, slashing costs, and improving procurement efficiency. By making Corcentric Fleet GPO a part of your fleet procurement strategy, you position your business to thrive while staying focused on growth.

Join the more than 2,000 customers who are saving big with Corcentric’s Fleet GPO.