Corcentric

Corcentric is a business-to-business company focused on fleet management and managed accounts receivable. Its stated mission is to remove friction from complex financial and operational processes that affect business performance. The company combines industry expertise, managed services, and technology to help customers reduce costs, accelerate cash flow, improve working capital, and operate more efficiently. The company traces its origins to AmeriQuest, launched in 1996 following an idea from founder and chairman Doug Clark: help customers lower the cost of doing business so they can reinvest savings in sustainable growth. Over time, the business expanded beyond cost savings into a broader range of services supporting how companies buy, pay, and manage financial operations. In 2018, it unified its brands under the Corcentric name. Corcentric currently describes its work through two core areas. Fleet Solutions are intended to optimize fleet operations, including total cost of ownership, supplier pricing, vehicle lifecycle, operating costs, and fleet visibility. Managed Accounts Receivable services aim to help businesses convert receivables into working capital, reduce days sales outstanding, improve collections efficiency, scale accounts-receivable operations, and manage credit risk. The company identifies transportation and logistics, automotive, manufacturing and industrial, construction and agriculture, and distribution and wholesale as industries it serves. Its approach combines operational expertise with managed services and technology, with an emphasis on measurable customer outcomes and long-term partnerships. The company website lists Matt Clark as president and chief executive officer and Douglas W. Clark as executive chairman. Corcentric describes its present strategic focus as fleet solutions and managed accounts receivable.

Corcentric’s history begins with AmeriQuest, which the company says was launched in 1996. Founder and chairman Doug Clark’s initial idea was to help customers reduce the cost of doing business and reinvest those savings into sustainable long-term growth. The company says its early work emphasized tangible results and subsequently developed beyond cost savings into a broader role supporting how businesses buy, pay, and manage financial operations. The company describes its development as a period of continued growth, innovation, strategic expansion, and customer partnerships. Its account of that period emphasizes the accumulation of industry expertise and a widening of capabilities, rather than identifying every acquisition or expansion by name. In 2018, AmeriQuest unified its brands under the Corcentric name, marking a shift to the current corporate identity. Under Matt Clark’s leadership, Corcentric says it has continued to build on that foundation while sharpening its strategic focus. The company now highlights two principal areas: fleet management and managed accounts receivable. Its fleet offering addresses costs and operational effectiveness across fleet activity, while its receivables offering focuses on cash flow, working capital, collections, and credit risk. Across both areas, Corcentric presents its model as a combination of managed services, technology, and practical industry knowledge. The company’s current public description also emphasizes measurable outcomes, customer partnership, and simplifying complex operational and financial processes. Its website identifies transportation and logistics, automotive, manufacturing and industrial, construction and agriculture, and distribution and wholesale among the industries it serves. The available company history does not specify a headquarters, ownership structure, or detailed dates for individual acquisitions, products, or geographic expansions.

• 2018

  Brands unified under Corcentric

• 1996

  AmeriQuest launched

A business performance partner combining industry expertise, managed services, and technology, with a current focus on fleet management and managed accounts receivable.

• Fleet Solutions

  Solutions for fleet optimization, including total cost of ownership, supplier pricing, vehicle lifecycle, operating costs, and fleet visibility.

• Managed Accounts Receivable

  Managed services intended to improve cash flow, working capital, collections efficiency, receivables operations, and credit-risk management.

• Strategic focus on fleet and managed receivablesOther

• 2021.06.02

  Reported2021.06.02

  Corcentric appoints Alex Green as general counsel[5]Corcentric任命Alex Green为总法律顾问prnewswire.com

  Corcentric announced the appointment of Alex Green as Senior Vice President and General Counsel.

• 2021.04.28

  Reported2021.04.28

  Beroe integrates supplier-risk solutions with Corcentric[6]Beroe 与 Corcentric 整合供应商风险解决方案prnewswire.com

  Beroe announced its integration with Corcentric to offer supplier risk and compliance solutions to procurement teams, combining Beroe Know Your Supplier with the Corcentric Platform.

• 2021.04.06

  Reported2021.04.06

  Corcentric expands its Global Alliance Partner Program[7]Corcentric扩展全球联盟合作伙伴计划prnewswire.com

  Corcentric announced an expansion of its Global Alliance Partner Program, including additional headcount and new partners to support global scaling.

• 2021.02.16

  Reported2021.02.16

  Corcentric announces acquisition of Vendorin[8]Corcentric宣布收购Vendorinprnewswire.com

  Corcentric announced its acquisition of Vendorin from Juvo Technologies for $100 million. The announcement said the acquisition was financed with cash on hand following Bregal Sagemount's investment in May 2020.

Read more

1. 1Fleet Solutions & Managed AR Services | Corcentriccorcentric.com
2. 2About Corcentric | Fleet & AR Solutions Since 1996corcentric.com
3. 3Our Story | Corcentric's History of Fleet & AR Innovationcorcentric.com
4. 4Corcentric Leadership Team | Fleet & Finance Expertscorcentric.com
5. 5Corcentric任命Alex Green为总法律顾问prnewswire.com
6. 6Beroe 与 Corcentric 整合供应商风险解决方案prnewswire.com
7. 7Corcentric扩展全球联盟合作伙伴计划prnewswire.com
8. 8Corcentric宣布收购Vendorinprnewswire.com