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Corcentric (acquired by AmeriQuest Business Services)

Founded Year

1996

Stage

Acquired | Acquired

Total Raised

$5M

About Corcentric (acquired by AmeriQuest Business Services)

Corcentric provides technology-enabled business-to-business solutions for the financial process, procurement, and asset management needs of businesses. The company's financial process solutions include accounts receivable and account payable automation solutions; direct & indirect procurement and spend management solutions; and asset management solutions that consist of asset financing and remarketing solutions. It offers CorConnect, a centralized billing solution; COR360, a cloud-based accounts payable automation software; transportation services, truck financing solutions and maintenance services; and truck leasing services.

Headquarters Location

457 Haddonfield Suite 220

Cherry Hill, New Jersey, 08002,

United States

800-608-0809

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Latest Corcentric (acquired by AmeriQuest Business Services) News

Subsidiary of Cherry Hill acquires e-invoicing firm

Oct 26, 2016

Wednesday 26 October 2016 | 11:15 AM CET Cherry Hill-based AmeriQuest Business Services has announced that its cloud-based financial process automation solutions subsidiary has made an acquisition. According to a press release, Corcentric Collective Business Systems, based in McLean, Virginia, has purchased substantially all the assets of cloud-based e-invoicing services company InfoAccess.net. The subsidiary’s purchase will mean the addition of 12 to 15 jobs to the company’s 80 employees in Cherry Hill through 2017, according to AmeriQuest. Corcentric is attempting to grow its revenue in key markets, and the deal should strengthen its market position and broaden its offerings, AmeriQuest said. The transaction was completed earlier this month. Financial terms were not disclosed.

Corcentric (acquired by AmeriQuest Business Services) Frequently Asked Questions (FAQ)

  • When was Corcentric (acquired by AmeriQuest Business Services) founded?

    Corcentric (acquired by AmeriQuest Business Services) was founded in 1996.

  • Where is Corcentric (acquired by AmeriQuest Business Services)'s headquarters?

    Corcentric (acquired by AmeriQuest Business Services)'s headquarters is located at 457 Haddonfield, Cherry Hill.

  • What is Corcentric (acquired by AmeriQuest Business Services)'s latest funding round?

    Corcentric (acquired by AmeriQuest Business Services)'s latest funding round is Acquired.

  • How much did Corcentric (acquired by AmeriQuest Business Services) raise?

    Corcentric (acquired by AmeriQuest Business Services) raised a total of $5M.

  • Who are the investors of Corcentric (acquired by AmeriQuest Business Services)?

    Investors of Corcentric (acquired by AmeriQuest Business Services) include Corcentric and H.I.G. Ventures.

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