Bregal Sagemount
10 Dec 2021
Corcentric
450
THOUSAND
Buyers
$105+
BILLION
Platform transaction volume
1.4
MILLION
Suppliers
Industry: Business & Consumer Services
Year invested: 2020
Status: Current
Location: USA
Investment Strategy: Flagship
Corcentric provides source-to-pay, order-to-cash, and fleet solutions.
From mid-market to Fortune 1000 businesses, Corcentric delivers technology, managed services, and strategic advisory focused on reducing costs, optimizing working capital, and unlocking revenue.
Corcentric was named a 2020 ’50 Providers to Know’ by Spend Matters, a leader in IDC MarketScape: Worldwide SaaS and Cloud-Enabled Accounts Payable Automation 2019, and a Strong Performer in The Forrester Wave™: Source-To-Contract Suites, Q4 2019.
Since 1996, thousands of companies have trusted Corcentric’s expert team and its suite of world-class solutions to spend smarter, optimize cash flow, and drive profitability.
"We are very excited to work with Bregal Sagemount as a strategic and financial partner. Given their success investing in market-leading, high-growth software companies as well as their expertise in this space, we believe they are the right partner for the next chapter of our business. In these difficult times it is more important than ever to have a single provider of software and services that enables companies to reduce costs and enable automated payables and receivables processes seamlessly from any location. With Sagemount’s support, Corcentric is well positioned to consolidate the disparate solutions and services that make up the AP and AR markets today."
Matt Clark
President & Chief Operating Officer - Corcentric
