Go beyond software and let Corcentric help you optimize your cash flow and improve your overall cash conversion cycle
Customers have achieved
60%
Days sales outstanding (DSO) reduction
86%
Decrease in disputes
0
Bad debt
Reduce and optimize DSO
You determine when you receive payments. Just tell us when you want to be paid and Corcentric will pay you in full.
Eliminate bad debt and collections risk
When your invoices are paid on time, that means no bad debt or credit risk for you. Plus, a non-recourse agreement ensures you’re not liable for late payments.
Liberate working capital
Unlock cash on your balance sheet that can be used to fund growth and/or improve the liquidity of your organization.
FactTo move at the speed of business, software isn’t nearly enough.
Corcentric guarantees business results for you, from day one, with our Managed Accounts Receivable solution. When you entrust us to transform your AR process, you receive benefits like immediate DSO reduction, on-time payments, and liberated working capital.
Empower your finance team to focus on meeting growing business demands through our robust Managed AR solution. As an extension of your team, Corcentric provides the right mix of subject matter experts, financial services, and software to deliver guaranteed business outcomes and sustainable bottom-line performance. No matter what industry you serve, our AR management solutions make it easier to minimize risks and maximize efficiency.
Cash Application
Why wait? Get paid on your terms — 5, 15, 30 days — and receive all payments due in a single payment from Corcentric. Our Managed AR solution lifts the burden of cash application from your team, managing payment information, remittance, invoice matching, deduction management, and reconciliation of your payment process.
Invoicing
Corcentric Managed AR takes the entire invoicing and billing burden off your team, automating AR and improving invoicing accuracy in the process. A self-service portal — branded with your company logo — connects you with customers for invoice review and approval, dispute management, and business insights. We handle validation, presentment, and distribution, reducing costs and DSO to improve your company’s cash flow.
Collections
With Corcentric Managed AR, your Finance department no longer requires a substantial investment in human capital, technology, and compliance expertise to collect delinquent accounts receivable. With over 20 years of experience, our proactive communication approach handles debt collection without damaging the potential for future business opportunities with customers.
Learn how a manufacturer achieved double-digit growth in realized revenues
Dispute Management
Billing errors may be unavoidable, but disputes don’t have to be. The experienced team of AR professionals and robust software of Corcentric’s O2C solutions mitigate issues before they escalate. If a dispute occurs, our Managed AR team handles resolution, only involving your team when necessary.
- Dispute prevention: Our expert dispute and exception management team uses your business rules and root case analysis to prevent and mitigate any disputes, with proven online dispute and exception management technology
- Self-Service dispute management: Online dispute management portal
- Dispute resolution: Corcentric provides one point of contact to manage all disputes and resolutions
Credit Management
Corcentric Managed AR will take on your customer credit issuance processes — re-assess, conduct credit checks, and issue lines of credit — as well as your credit risk. Our solutions free your team to focus on business growth instead of credit management, while we transform your AR processes and improve your cash flow.
- Gauge creditworthiness: Get accurate, relevant information on your customers
- Consolidate credit data: Incorporate credit bureau reports from leading firms like Dunn & Bradstreet and other data provider information into your credit scoring
- Issue customer credit lines while mitigating credit risk: 100% of receivables risk is eliminated and transferred to Corcentric through our Supply Chain Finance program
Financing
Corcentric’s receivables financing provides guaranteed on-time payments, giving you greater control over working capital.
- Invoices paid earlier than due date: Guaranteed, fixed DSO on receivables — 15, 30, 40, or even 60 days earlier — while your buyers pay as usual
- Payment receipt on time, every time: Corcentric eliminates credit risks and bad debt expenses with no more unpaid invoices
- Serious cost savings: Remove the burden of billing production and fulfillment, credit issuance, collections, disputes, and exceptions resolution.
“With Corcentric, it’s been a partnership every step of the way.”
Robert McIlvaine,Chief Technology Officer,Aurora Parts
Ready to take the next step?