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Corcentric
Corcentric provides B2B commerce software and managed services, processing over $105 billion in platform transactions for 2,000+ clients since 1996.
Corcentric
Corcentric is a leading global provider of best-in-class procurement and finance solutions. We offer a unique combination of technology and payment solutions complemented by robust advisory and managed services. Corcentric reduces stress and increases savings for procurement and finance business leaders by forming a strategic partnership to diagnose pain points and deliver tailor-made solutions for their unique challenges. For more than two decades, we've been a trusted partner who delivers proven results. To learn more, please visit www.corcentric.com.
General information
Firm type
Asset Manager
Year founded
1996
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Cherry Hill
Corporate office
Cherry Hill, NJ, United States
Principals
Joe Payne
Senior Vice President of Source-to-Pay
Bill Dorn
Senior Vice President of Product Operations
Sector focus
Frequently asked questions
Who runs investment decisions at Corcentric?
Corcentric does not publicly name a CEO or CIO. The firm's senior leaders include Joe Payne, Senior Vice President of Source-to-Pay, and Bill Dorn, Senior Vice President of Product Operations (per firm website). Investment and product roadmaps are managed internally; no external allocator-facing investment committee is disclosed.
How does Corcentric source proprietary deal flow?
Corcentric does not operate as a traditional investor; it provides outsourced procurement and AP/AR services. Its client relationships — including PACCAR, Goodyear, Shell Lubricants, and FleetPride (per firm portfolio page) — are built through direct sales and channel partnerships rather than deal sourcing.
Is Corcentric structured as a single family office or does it operate more like an operating company?
Corcentric presents as an operating company, not a family office. It sells B2B commerce software and managed services, maintains a client roster of 2,000+ companies, and discloses no wealth origin or family beneficiaries.
Does Corcentric participate in fund commitments or only direct deals?
Corcentric is a service provider, not a limited partner. It does not commit capital to external funds; instead, it sells technology and managed services on a contract basis to corporate clients.
What investment stages does Corcentric typically target?
Corcentric does not engage in equity investing. Its product-market focus is mid-market to Fortune 100 companies, offering procurement, AP, AR, and payment solutions for ongoing operations.
Which sectors does Corcentric explicitly avoid?
Corcentric's portfolio page lists clients heavily concentrated in manufacturing, trucking, and industrial distribution. It does not publicly disclose sectors it avoids, but its known client base excludes healthcare, financial services, and consumer tech.
How is Corcentric related to other investment vehicles?
Corcentric does not disclose ties to any investment vehicle, fund, or family office. It operates as a standalone B2B commerce technology and services firm.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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