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Corcentric Announces Release of its COR360™ Accounts Payable Automation Product
COR360™ Accounts Payable Automation Product Provides Businesses with Leading-Edge Technology that Automates, Streamlines, and Drastically Reduces the Costs Associated with Invoice Processing
COR360 will feature automated three way matching using StraightThrough Processing technology, electronic invoice delivery via the Corcentric Supplier Network and ZeroTouch processing, which streamlines the invoice capture process by using technology to scan and capture invoice data down to the line item detail so that even paper-based invoices are electronic. Additionally, COR360’s rules-based workflow automation technology will allow companies to simplify their AP process by setting up approval-based routing rules which will allow the system to smart route invoices directly to the appropriate approver. As with existing Corcentric products, invoices will be readily available on demand from any computer with Internet access and is fully-integrated with current ERP or AP business systems; maximizing the AP department’s and current business processes value and investment.
“Adding capabilities that now exist in our COR360 platform integrated with our already strong e-invoicing network on the front end coupled with our ERP integration technology on the back end gives us a very strong value-added solution for our clients,” stated Doug Clark, CEO.
"I’m very excited to have joined Corcentric to lead the product roadmap for the COR360 Accounts Payable Automation product. Having previously led the growth of a very similar AP technology platform, ASPEN 360, during my tenure at Archive Systems, COR360 is likewise positioned to be one of the leading SaaS solutions in the AP market,” stated Rob DeVincent, Vice President of Product Marketing.
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Corcentric is a leader in providing accounts payable automation solutions that are powerful, yet easy-to-use;