Press Release

Corcentric Implements Accounts Payable Solution for Professional Sports Organization

COR360 will provide the organization with the technology to cut costs, increase efficiencies, and eliminate paper from their accounts payable processes.

April 24, 2014, MCLEAN, VA — Corcentric, a leading provider of SaaS Accounts Payable automation solutions hosted in the cloud, today announced an agreement to implement its AP automation solution for one of the nation’s leading professional sports organizations.

The integration of COR360 into the organization’s Accounts Payable processes will help the organization not only fill the automation gap related to their invoice workflow; it will also eliminate the use of paper invoices, fulfilling a commitment to reduce the use of paper. The COR360 solution will streamline the invoice approval workflow for faster processing and reduce costs associated with manual processing. Additionally, with COR360’s automated processes in place, the assoiation will be able to process a higher volume of invoices and at a faster speed without adding more staff.

By adopting SaaS-hosted AP automation tools, COR360 users will save significant amounts of money, accelerate payment cycles, leverage discount opportunities, and move their teams to more strategic projects as a result of implementing ZeroTouch, paper-free operations.

About Corcentric

Corcentric, a wholly-owned subsidiary of AmeriQuest Business Services, Inc., provides cloud-based financial process automation solutions that have revolutionized how the world’s largest organizations manage and protect their financial assets. By connecting best practices with deep expertise, Corcentric’s Accounts Payable and Accounts Receivable automation solutions enable organizations to reduce costs, streamline processes, and provide unmatched visibility executives need to make critical business decisions. For more information, visit corcentric.com.