Ray Ellingsen

Everyone in the heavily regulated syndicated equipment funding arena knows that each funding transaction requires signatures on more than 25 documents. While that has always been cumbersome, the restriction of public gatherings during the COVID-19 pandemic with its work-from-home mandates... read more

May 2021

Corcentric, a provider of business spend management and revenue management software and services, entered a partnership with supplier risk and compliance provider Beroe. read more

APR 28, 2021 - 6:51 am

Corcentric, a provider of business spend management and revenue management software and services, appointed Ed Benack to the role of chief customer officer, Manish Jaiswal to the role of chief product officer and Brent Kinman to the role of senior vice president of North American sales. read more

APR 21, 2021 - 6:51 am

Corcentric, a provider of business-spend and revenue management software and services, expanded its global alliance partner program. Through the program, Corcentric will provide its clients with a network of third-party software and services. read more

APR 7, 2021 - 5:56 am

Patrick Gaskins

Lately there has been a lot of activity on the electric and hydrogen-electric commercial vehicle space. It seems like nearly every day there is a new item on a truck manufacturer and a technology company or battery manufacturer entering into... read more

March 2021

Meineke Dealers Purchasing Cooperative presented its Vendor Appreciation Award to Corcentric, a provider of business spend management and revenue management solutions and services. read more

MAR 8, 2021 - 6:31 am

Corcentric acquired Vendorin from Juvo Technologies for a purchase price of $100 million. Bank of America Securities and Kirkland & Ellis advised Corcentric on the transaction. read more

FEB 17, 2021 - 6:26 am

Corcentric, a provider of business spend management and revenue management software and services, appointed Sunil Padiyar chief technology officer. Prior to joining Corcentric, Padiyar served as CTO at FacilitySource. read more

FEB 9, 2021 - 6:42 am

Patrick Gaskins

2020 was quite a year, and much of the talk surrounding the events center on COVID-19. That said, even with all of the heartache, there were some bright spots that need to be celebrated. Let’s start with the fact that... read more

January 2021

Tom Toton

Fleets have a number of options when it comes to asset acquisition. They can buy, finance or lease an asset. In my estimation, the lease versus buy analysis favors leasing, especially when talking about operating leases. Here are several reasons... read more

Corcentric, a provider of business spend management and revenue management software and services, appointed Fredrick “Fritz” Smith chief revenue officer. Prior to joining Corcentric, Smith served as CRO for P2 Energy Solutions. read more

OCT 28, 2020 - 7:33 am

Sean Storey

When it comes to determining whether to add a fleet asset, basing the decision on initial purchase price alone is risky business. While all the risks cannot be eliminated, looking at both financial and operation data will result in the... read more

Corcentric named Michael Browning, Mike Oliveri and Scotty Stewart to join its Fleet Solutions business as directors of Sales, each responsible for a specific region of the U.S. read more

JUN 12, 2020 - 6:45 am

Ray Ellingsen

Here we go again! A liquidity pinch, perhaps like no other. Depending on your definition of a recession, we are in, or quickly approaching another. But keep in mind that recessions are actually considered normal business cycles. Our economy has... read more

2020

Corcentric received an $80 million minority growth equity investment from New York-based private equity firm, Bregal Sagemount. read more

MAY 7, 2020 - 6:40 am