Banks, lessors and other financers may be missing out on what could be a significant market by focusing on buyers of new battery electric vehicles (BEVs) while ignoring the people who might look to buy those same vehicles when they... read more
July 2024
Corcentric promoted Jessica Green to vice president of sales supplier performance of its private fleet and carrier (PFAC) division. In this role, she will serve as the primary liaison between the PFAC sales organization and supply base. read more
SEP 13, 2024 - 6:16 am
Corcentric appointed Caleb Henley as vice president of sales for the company’s capital equipment solutions team. In this role, Henley will be responsible for helping fleet companies procure capital assets and analyze fleet operations to optimize the total cost of ownership. read more
JUL 30, 2024 - 6:16 am
According to the American Trucking Associations (ATA), “trucks move roughly 72.6% of the nation’s freight by weight.” That reflects about 11.5 billion tons of freight in 2022. With numbers that large, you might think that truck fleets are predominantly big... read more
July 2024
Apollo Tires (U.S.) has implemented Corcentric’s managed accounts receivable (AR) services to help the tire manufacturer focus on strategic initiatives that will contribute to its business growth in the U.S., with plans to introduce Corcentric’s AR services into Canada at a later date. read more
JUL 25, 2024 - 6:28 am
Ever since COVID-19, the global economy has been on a rollercoaster ride, experiencing significant ups and downs brought about by supply chain issues either caused or exacerbated by the pandemic. It’s a tale told around the globe: after the pandemic... read more
February 2024
Corcentric, a provider of procurement and finance solutions, formed a partnership with Riteload, a freight matching platform for the trucking industry, to provide managed payments services for carriers and shippers. read more
NOV 30, 2023 - 7:00 am
Corcentric, a provider of procurement and finance solutions, appointed Tom Spencer senior vice president and head of its accounts payable solutions sales division. Spencer’s experience includes senior leadership roles with Intuit and AvidXchange. read more
NOV 22, 2023 - 6:25 am
Trucking is complex and getting more so as we start the journey to a more sustainable movement of freight. While matching truck specs to duty cycle has always been important, the reality was that some fleets spec’d trucks for use... read more
September 2023
Corcentric, a provider of procurement and finance solutions, named Matt Clark CEO of the company. As president and CEO, Clark will lead long-term strategic initiatives that advance Corcentric’s business growth and market position, as well as oversee all daily operations across business lines and functions. read more
JUL 12, 2023 - 6:54 am
Developments in battery electric commercial vehicles are coming fast and furiously. I attended the recent Technology & Maintenance Council spring meeting and many of the presentations focused on BEVs, chargers, charging infrastructure and the maintenance and repair needs of BEVs.... read more
March 2023
The most dedicated banking partners in America deserve a big thank you. During the week of November 7th, Corcentric held its annual funding conference in Pompano Beach, Florida. Corcentric calls out the location because the event was held on the... read more
December 2022
Economic uncertainty abounds. Recession, stagflation, inflation, labor shortages, supply chain constraints—not to mention the condition of 401(k)s. Should I go on? The good news is this storm shall pass, especially if your business and personal finance models anticipate credit cycle... read more
July 2022
As we enter 2022, we find ourselves faced with many of the same challenges we tackled in 2021. The global supply chain continues to be impacted by Coronavirus outbreaks leaving manufacturers in a very difficult position. Labor markets around the world... read more
January 2022
Corcentric and North Mountain Merger, a publicly traded special purpose acquisition company, entered into a definitive agreement to consummate a business combination. read more
DEC 13, 2021 - 6:33 am