Some years ago, Doug Clark, Corcentric’s Founder and Chairman, had an innovative idea: to enable customers to reduce the cost of doing business so they can invest in sustainable growth. That was in 1996, and the company was AmeriQuest.
Since then, we’ve continuously expanded and added new capabilities — most recently with the addition of source-to-pay pioneer Determine, electronic invoicing innovator Netsend, and leading sourcing and procurement advisory Source One.
Our goal continues to be focusing our creative DNA on providing every competitive advantage possible across the source-to-settle and order-to-cash continuum so you can improve cash flow, drive value, and put your business mind at ease.
1996
Doug Clark founds AmeriQuest Transportation and Logistics Resources Corp.
2002
AmeriQuest acquires Corcentric to complement existing procurement solutions with financial automation technology
2006
Corcentric processes one-millionth invoice
2008
Corcentric develops three-way matching between PO, invoice, and price file, enabling zero-touch processing
2009
Corcentric grows to more than 11,100 buyer and seller connections and processes over 970,000 transactions annually worth more than $660 million
2010
Corcentric acquires accounts payable automation solution Cor360
2013
Exceeds $1 billion annually in combined gross billings
2014
Achieves 9.1 million invoices processed for financial process automation and $12.2 billion of total transaction volume
2016
Corcentric acquires InfoAccess.net
2017
Corcentric names Matt Clark President and COO
2018
Corcentric acquires Source One Management Services
2018
AmeriQuest unifies its brand under Corcentric, Inc.
2019
Corcentric acquires Netsend
2019
Corcentric acquires Determine, Inc.
2020
Corcentric acquires B2B payments provider Vendorin
2021
Corcentric unifies Source One, Netsend, and Determine under one brand, Corcentric, Inc.
2022
Corcentric integrates Vendorin Payments under one brand, Corcentric, Inc.
2023
Corcentric announces rebrand
1996
Doug Clark founds AmeriQuest Transportation and Logistics Resources Corp.
2002
AmeriQuest acquires Corcentric to complement existing procurement solutions with financial automation technology.
2006
Corcentric processes one-millionth invoice.
2008
Corcentric develops 3-way matching between PO, invoice, and price file, enabling zero-touch processing.
2009
Corcentric grows to more than 11,100 buyer and seller connections and processes over 970,000 transactions annually worth more than $660 million.
2010
Corcentric acquires Accounts Payable Automation solution Cor360.
2013
Exceeds $1 billion annually in combined gross billings.
2014
Achieves 9.1 million invoices processed for financial process automation and $12.2 billion of total transaction volume.
2016
Corcentric acquires InfoAccess.net.
2017
Corcentric names Matt Clark President and COO.
2018
Corcentric acquires Source One Management Services.
2018
AmeriQuest unifies its brand under Corcentric, Inc.
2019
Corcentric acquires Netsend.
2019
Corcentric acquires Determine, Inc.
2020
Corcentric Acquires B2B Payments Provider Vendorin
2021
Corcentric unifies Source One, Netsend, and Determine under one brand, Corcentric, Inc.
2022
Corcentric integrates Vendorin Payments under one brand, Corcentric, Inc.
2023
Corcentric announces rebrand.
THE PATH TO INNOVATION
A clearly defined growth strategy and customer commitment have gotten us to where we are
OUR AWARD WINNING LEADERSHIP