“Can a managed B2B payments network sit between every buyer's AP and every supplier's AR and own the embedded working-capital layer for the mid-market?”
Founded in 1996 as AmeriQuest, a fleet-services and procurement cost-reduction company. Rebranded to Corcentric in 2018 under CEO Matt Clark and executed three acquisitions to become a global Source-to-Pay and Order-to-Cash platform. Today it operates a managed B2B payments network (Corcentric Payments / Vendorin) processing >$100B in annual spend across ~450K buyers and 1.4M suppliers, plus Managed AR, EIPP, and supply-chain finance — positioning itself as embedded finance infrastructure for mid-market and enterprise finance teams rather than a pure SaaS vendor.
Corcentric processes payments through Corcentric Payments (self-operated) and Vendorin (self-operated).
Corcentric's lending and capital products are provided by Corcentric Supply Chain Finance (self-operated).
The Embedded Finance Index 2026 maps 4 layers in Corcentric's stack: Payments / PSP (Corcentric Payments (self-operated) and Vendorin (self-operated)); Lending (Corcentric Supply Chain Finance (self-operated)); Spend / AP (Corcentric Expense (self-operated) and Corcentric AP Automation (self-operated)); Accounts Receivable (Corcentric Managed AR (self-operated), CorConnect (self-operated), Netsend (self-operated) and EIPP (self-operated)).
Corcentric was founded by Doug Clark and is founded in 1996, headquartered in Cherry Hill, NJ, USA.
Corcentric's acquisitions include (three undisclosed acquisitions) (2018).
Get a read on where your own stack stands against Corcentric and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.