Core Framework
Integrate, align, and optimize all
your data, processes, and people
Best-of-breed solutions on a single platform; modular, configurable, seamless
More than ever, organizations need increased agility, deeper capabilities, better resilience, and total collaboration to stay competitive. The Corcentric Platform is a source-to-pay platform that replaces data silos seamlessly by simplifying complex workflows through ease of configuration and business process management. Integrating data across people, departments, suppliers, and geographies, the Corcentric Platform opens new channels of communication and visibility that lead to improved savings, spend compliance, risk mitigation, and bottom-line performance.
Missing Data
Does lack of visible, verified Master Data slow processes, raise costs, and create risk?
No Workflow
Do disparate point solutions impede workflow and disrupt collaborative efforts?
Systems Integration
If your systems don’t integrate with your ERP, how much inefficiency is created?
Workflow
Configurability
Collaboration
3rd-Party Applications
Artificial Intelligence, RPA + ML
Data + Document Management
Master Data Management
Platform
Analytics
Enterprise Integration
Security + Audit Traceability
Workflow
Seamless at go-live
The Core Framework standardizes processes and approval workflows so your business stakeholders can manage purchase requisitions, contracts, supplier information, purchase orders, invoices, payments, or any other procurement task, seamlessly and quickly. Corcentric offers a differentiated business process-oriented workflow engine that enables the solution to incrementally build primary and secondary workflows over time and tie them together seamlessly in one platform.
Configurability
Model your business easily
Configuring your organizational structure and process on the Corcentric Platform is a snap. Whether you’re a mid-market company or global enterprise, as a leading S2P cloud platform, the Core Framework allows you to model your organization and business process automation needs easily, including the ability to turn functions on and off (and control which users have access to which modules) depending on specific requirements. We provide IT an application environment that allows you to easily scale Corcentric Platform requirements up or down while delivering the highest level of performance and security in the cloud.
Collaboration
Remove the barriers with open
communication channels
Create conversation forums, internally and externally, using native business communication capabilities on the Corcentric Platform. Using forums and AI-infused Digital Assistant, Corcentric helps you effortlessly establish communication channels to track conversations and directly engage our platform to manage business topics that most impact you and your key stakeholders. The Corcentric Platform allows you stay connected without lifting a finger.
3rd-Party Applications
Extend third-party content on a single platform
Reimagine how you create information by integrating third-party data on a single platform through our app design. Using Corcentric’s app store feature, you can plug into leading third-party data solutions (e.g., Beroe, DocuSign, e-Attestations, Provigis, SOVOS and more) to enrich and enhance visibility, reduce risk, and improve compliance.
Intuitive + Responsive Design
Ease of use that speeds user buy-in
Realize a user experience intuitive enough to be used by everyone across business units and devices with minimal-to-no training, with dashboards for stakeholders and approvers to maintain situational awareness and process oversight.
Data + Document Management
100% visibility into POs, invoices,
contracts, and other documents
Requisitions, purchase orders, and invoices are all just collections of line items with associated metadata. This approach may sound simple, but it is, in fact, what allows the entire lifecycle of a product (or service) to be tracked and managed from cradle to grave. Our approach allows for easy n-tier matching between goods receipts, invoices, purchase orders, contracts and suppliers – all in one solution.
Master Data Management
A single source of data truth
Corcentric Platform enables master data management capabilities that support a range of reference data in a push/pull manner (within the system, but outside of it as well — e.g., to/from ERP). This is based on the power of our Core Framework to become your master data repository across suppliers, contracts, and other procurement information. Remove data blind spots and establish unlimited visibility and insights.
Platform Analytics
Make business decisions based
on real-time and historical data
A wide range of on-demand reporting and dashboard capabilities provides the information necessary to gain greater control over spend, contracts, suppliers, or any sourcing or procurement data created and maintained within the Corcentric Platform.
Enterprise Integration
All systems go!
The Corcentric Core Framework is designed to integrate seamlessly with any ERP, finance, accounting, and other systems to break down barriers between business units so you achieve visibility and process efficiency across the enterprise.
Security + Audit Traceability
Defend your data and processes
As a leading global platform, Corcentric delivers a level of scalability and complexity without compromising on data security. At its heart, the Corcentric Platform delivers on-going business monitoring to keep you abreast of fraud or IT risk, while meeting global data compliance and integrity requirements through enhanced platform auditing and reporting capabilities.
Artificial Intelligence, ML + RPA
Leverage deep learning processes to improve decision making, enhance automation, and drive efficiency
Corcentric optimizes your O2C and S2P processes by infusing our software solutions with advanced AI-augmented technology. In a dynamic industry, the ability of our platform solutions to intelligently learn and improve processes in real time, predict probabilities, and forecast outcomes provides a distinct competitive advantage.
and robust.”
