Facility Management Company Turns to Corcentric for Payment Automation
Facility Management Company Turns to Corcentric for Payment Automation
1 PagesTHE BUSINESS A facility management company was dealing with an inefficient and underperforming payment program. The process relied on paper checks to pay suppliers, which was time-consuming and susceptible to security issues and errors. There were also irregular supplier payment terms and an inability to offer suppliers various payment methods. The company needed an overhaul of how it managed the payment process and selected Corcentric Payments as a solution. Collectively, about 84,000 transactions were converted to electronic payments, translating to an estimated savings of $252,270. THE EXPERIENCE Upon implementing Corcentric Payments, the company was able to automate and centralize its disbursements to reduce inefficiencies, costs, and the time-consuming burdens as
