CTS Systems has integrated Corcentric’s Managed Accounts Receivable (AR) services into its travel booking platform. With this integration, the CTS Systems platform will offer corporate travel agents and hotels a single-source solution providing consolidated, digitized and secure invoice processing, the companies said in a Wednesday (May 8) press release. “By partnering with...
We are nearly a quarter of the way through the 21st century. But many firms are still carrying around legacy payment systems and suffering from clunky B2B workflows. This, despite the fact that — particularly within the B2B space — effectively deploying modern and digital...
If you want to go fast, go alone. If you want to go far, go together. While the origins of that allegedly African proverb appear to be shrouded in uncertainty, the applications of its message have never been more important for the future of today’s...
Corcentric, a provider of procurement and finance solutions, integrated generative artificial intelligence technology into its services. The enhancement, centered around using supervised machine learning and OpenAI’s GPT, aims to deliver enhanced levels of accuracy and efficiency to accounts payable (AP) invoice processing for its customers, Corcentric...
March 14, 2024
We are nearly a quarter of the way through the 21st century. But many firms are still carrying around legacy payment systems and suffering from clunky B2B workflows. This, despite the fact that — particularly within the B2B space — effectively deploying modern and digital payments technology is increasingly becoming critical to success. Modern technology, […]
March 11, 2024
If you want to go fast, go alone. If you want to go far, go together. While the origins of that allegedly African proverb appear to be shrouded in uncertainty,...
August 16, 2023
Accounts receivable (AR) and accounts payable (AP) workflows rely on labor-intensive, manual processes prone to human error and delays — but specialized software and automation are changing that. Digital technologies...
August 09, 2023
FedNow is right now. And with the move into real-time payments, the stage is set for a continued embrace of faster transactions, modernizing trillion-dollar industries that have thus far been...
May 08, 2024
CTS Systems has integrated Corcentric’s Managed Accounts Receivable (AR) services into its travel booking platform. With this integration, the CTS Systems platform will offer corporate travel agents and hotels a single-source solution providing consolidated, digitized and secure invoice processing, the companies said in a Wednesday (May 8) press release. “By partnering with Corcentric, we’re able to leverage our existing platform to vastly […]
March 05, 2024
Corcentric, a provider of procurement and finance solutions, integrated generative artificial intelligence technology into its services. The enhancement, centered around using supervised machine learning and OpenAI’s GPT, aims to deliver enhanced...
November 29, 2023
Procurement and finance solutions firm Corcentric teamed with Riteload, a trucking sector freight matching platform. The partnership is designed to offer managed payments services for carriers and shippers, the companies...
September 07, 2023
Procurement and billing solutions firm Corentric has launched its Managed Accounts Receivable (AR) solution in France to help eliminate issues that challenge AR departments. According to Xavier Pierre-Bez, vice president of business and...
