Press Release

Jim Wright of Corcentric Reveals Best Practices to Improve Purchase-to-Pay Processes at IOFM’s 2015 AP and P2P Conference and Expo

Wright to discuss options between upfront savings and dynamic discounting.

McLean, Va., October 20, 2015 — Corcentric™, a provider of cloud-based financial process automation solutions, today announced that Jim Wright, Vice President of Sales, will be speaking at the IOFM Accounts Payable & Procure-To-Pay Conference and Expo held at Caesars Palace in Las Vegas, Oct. 25-28. Mr. Wright’s presentation “Upfront Savings vs. Dynamic Discounting: Which Serves Your P2P Processes Better?” will take place Monday, Oct. 26 from 2:45 PM – 3:45 PM PDT. The conference is considered the only AP meeting that strictly focuses on accounts payable education and practical approaches to automation, leadership, and process improvements in a peer-to-peer setting.

Dynamic discounting has been the buzz about spend management and savings with supplier networks. However, there are proven methods that can provide lower upfront pricing that ensures the same contracted rates and prices regardless of where a transaction occurs.

In this session, Mr. Wright will describe how to:

  • Understand the differences between dynamic discounting and upfront savings
  • Look for the right supplier network that is strong, not just big
  • Streamline the invoice approval and payable processes
  • Enable AP to better manage cash flow by getting lower, correct pricing at the point of purchase instead of after the transaction has occurred

While you’re at the Conference & Expo, visit Corcentric at booth #404 for your chance to win a Tiffany necklace or bracelet. Companies interested in automating their AP departments can stop by, talk with AP professionals, and see a live demonstration of Corcentric’s solution for accounts payable automation, COR360™.

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.