Why your RFPs are a waste of time
Procurement’s RFP process has become a corporate buzzkill, stalling progress with rigid templates and wasted time. Stakeholders see it as a roadblock, not a resource, and they’re not wrong. But the issue isn’t the process itself—it’s how we use it. It’s time to ditch the inefficiency and rethink procurement as a driver of strategy.
The paper chase: Why your AP process is costing you more than you think
Adopting paperless AP isn’t just a cost-saving measure; it’s a competitive advantage. By transitioning to automation, you free your AP team from the endless grind of manual processes and empower them to focus on strategic, value-driven work.
Understanding and optimizing accounts payable data
In a data-centric business world, those who know how to exploit the resource can have outsize influence. That means AP departments have the potential to evolve from what is derogatively called a “cost center” into a valuable strategic asset.
Marketing & procurement: Navigating collaboration challenges
Having a strategic marketing-based procurement perspective will help you enhance important requirements that Procurement can leverage through a tailored RFP.
Meet the dynamic duo who delivers a customer-centric accounts receivable solution for Daimler Trucks North America
Amanda and Steve Fallows exemplify how passion and partnership drive success in accounts receivable management. As the dynamic duo behind Corcentric’s Fleet Boost program for Daimler Trucks North America, they’ve transformed a simple billing system into a powerful loyalty-building tool.
Daimler Trucks North America and Corcentric: Building a best-in-class aftercare program
Nick Chapman with Daimler Trucks North America (DTNA) explains how the collaboration between Corcentric and DTNA has redefined customer service in the aftermarket industry. Through the Fleet Boost program, the two companies have streamlined the parts purchasing process, making it easier for dealers and fleet customers to access the products they need.
Understanding the accounts payable process: tips for success
Accounts payable (AP) might not be the flashiest part of a business, but it’s certainly one of the most crucial. It’s the part of your operation that ensures your company’s financial obligations are met accurately and on time. Think of it as the lifeline that keeps your relationships with vendors healthy and your cash flow steady. Without a well-managed AP process, even the most successful businesses will probably find themselves in a financial bind.
Enhancing supplier management with nightly TIN/OFAC screenings for fraud prevention
The challenges of modern supplier management are real, but so are the opportunities. By embracing automation and integrating TIN/OFAC screenings into a comprehensive validation process, businesses can protect themselves from fraud, maintain compliance, and build stronger, more resilient supply chains.
The difference of Corcentric’s AP & Payments solutions
Outdated accounts payable processes are more than just a bottleneck—they’re a liability, hindering growth and compromising supplier relationships. Corcentric offers a revolutionary approach to overcoming these challenges with its tailored AP and payments solutions