- Corcentric, headquartered in Cherry Hill, New Jersey, is a leading global provider of procurement and finance solutions, focusing on enhancing business collaboration through its AI-native business network.
- In the past year, Corcentric has made significant strides, including the appointment of Mike Meehan as VP of Capital Equipment Solutions in January 2026 and partnerships with Workato and Avalara to enhance integration capabilities and global e-invoicing compliance.
- The company has secured notable clients such as CB, the top payment network in France, which selected Corcentric to digitize its procurement and finance operations, and has expanded its ecosystem through partnerships with Unite to improve supplier access in Europe.
- Corcentric's ideal buyers are organizations looking to streamline their procurement and finance processes, as they offer solutions that simplify supplier management and enhance spend control, making them a compelling choice for businesses facing complex technology environments.
Corcentric's workforce is distributed across 15 departments, with Operations leading at 129 employees, followed by Information Technology with 52 and Finance at 47. This mix indicates a strong focus on operational efficiency and technological support, essential for software development. The presence of Community and Social Services, along with Engineering and Sales, reflects a balanced approach to both internal and external stakeholder engagement.
The company operates across 87 locations, with Cherry Hill, NJ, housing the largest group at 45 employees, followed by McLean, VA, with 40. This geographic distribution highlights a significant concentration in the Mid-Atlantic region, while the 'Other' category, comprising 273 employees, suggests a robust remote or distributed workforce. The presence of multiple locations indicates strategic positioning to meet diverse client needs and access regional talent.