Vendorin
Acquisition in 2021
Vendorin, Inc. is an Omaha, Nebraska-based company that specializes in electronic payment enablement solutions. Established in 2007, it operates an integrated payment network and supplier engagement platform designed to optimize payment processes for businesses. Vendorin converts targeted checks into card and ACH-based electronic payments, facilitating hassle-free transactions for clients. By enhancing operational efficiency and reducing costs, the company also enables revenue generation through card rebates and network discounts. Its services aim to streamline the multichannel electronic payment process, thereby improving supplier engagement and overall financial management for businesses.
Netsend
Acquisition in 2019
Netsend Limited, founded in 1994 and based in London, United Kingdom, specializes in electronic billing, invoicing, and document distribution services for global blue-chip companies, including those in the FTSE 100. As a subsidiary of Corcentric, LLC since February 2019, Netsend provides clients with secure online access to document distribution history, enhancing reporting, performance analysis, and proof of delivery. The company offers a cloud-based portal that facilitates template creation and enables businesses to manage documents with greater control and transparency. Through its services, Netsend supports organizations in accessing vital document analytics and maintaining an audit trail, thereby improving operational efficiency.
Determine
Acquisition in 2019
Determine, Inc. is a global provider of software-as-a-service solutions focused on source-to-pay and enterprise contract lifecycle management. The company offers the Determine Cloud Platform, which features an open technology infrastructure for applications in strategic sourcing, contract management, procurement, invoice management, financial management, supplier management, and analytics. Founded in 1996 and headquartered in Carmel, Indiana, Determine serves a diverse range of industries, including insurance, pharmaceuticals, healthcare, retail, transportation, manufacturing, and financial services. The company’s solutions are designed to streamline business processes and enhance user experience through fast integration, self-service tools, and modular options that can be added as needed. Determine markets its products through a direct sales force and partnerships, ensuring that organizations can implement scalable solutions tailored to their specific needs.
Source One Management Services
Acquisition in 2018
Source One Management Services, LLC is a management consulting firm based in Willow Grove, Pennsylvania, specializing in procurement consulting and strategic sourcing. Founded in 1992, the company provides a comprehensive range of services, including procurement transformation, e-sourcing, negotiation, category management, supplier management, inventory management, and spend analysis. Source One also offers market research and strategic planning services tailored to meet the specific needs of its clients. Its diverse clientele includes notable organizations across various industries. In 2018, Source One Management Services became a subsidiary of Corcentric, LLC, further enhancing its capabilities and market reach.
InfoAccess.Net
Acquisition in 2016
InfoAccess.net LLC is a provider of cloud-based electronic invoicing services, catering to suppliers, large retailers, manufacturers, and blue chip companies across the United States and globally. Established in 1999 and headquartered in Independence, Ohio, the company offers solutions that facilitate the electronic exchange of business documents, such as purchase orders and invoices, tailored to clients' preferred formats. By significantly reducing paper usage in the order-to-invoice process, InfoAccess.net enhances efficiency, simplifies reconciliation, and accelerates payment cycles. With a customer base exceeding 16,000 across more than 50 countries, the company manages and processes approximately 2.5 million accounts payable and receivable transactions each year. Initially launched as an Application Service Provider for e-Business Order Management, InfoAccess.net has successfully expanded its reach and continues to serve a diverse clientele with its innovative e-invoicing solutions.