Corcentric to upgrade spend management strategy for G&P Trucking

Wednesday 25 July 2018 11:57 CET | News

Corcentric, US-based procurement and financial process automation solutions provider has announced teaming up with G&P Trucking.

The agreement expands a running partnership whereby Corcentric has provided a capital equipment management strategy for G&P. Under the new agreement, G&P will implement the Corcentric Approval Workflow, Purchase Order, and Payments solutions across the entire company.

G&P, a logistics company providing supply chain solutions, was founded in 1936, and specialises in next-day and same-day service, and operates a fleet of about 520 tractors and 1,500 trailers from about a dozen terminals in the Carolinas, Georgia, Virginia, Tennessee, and Texas.

A recent report by Ardent Partners, The State of ePayables 2018, noted that several organisations are implementing e-invoicing at a rate nearly double their competitors, 71% vs. 38%. G&P has been working with Corcentric to optimise the Total Cost of Ownership of its capital equipment and recognised the competitive advantage they would gain by addressing the entire spend cycle

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Keywords: Corcentric, spend management, US, G&P Trucking, financial process automation, AP automation, accounts payable, e-invoicing, Approval Workflow, Purchase Order, payments solutions, supply chain finance, supply chain solutions, ePayables
Countries: World