Corcentric, a provider of cloud-based financial process automation solutions, today announced that the company has been named as a 2017 'Provider to Watch' by Spend Matters. The list highlights firms that are leading the charge for new procurement technologies and services.

"It's difficult — and getting even more so — to make Spend Matters' 50/50 lists, and we're thrilled Corcentric made it onto the 2017 Spend Matters 50 to Watch list," said Jason Busch, founder and head of strategy at Spend Matters. "This list is the product of intense debate, discussion, and refinement each year by our analysts. This year saw new coverage areas and increased competition among providers in existing segments. Corcentric earned a deserved spot as one of the procurement providers worth watching in 2017."

Spend Matters routinely reviews the latest procurement technology and service offerings. Vendors listed on the '50 Providers to Watch' list are independently selected by Spend Matters' analyst team, based on each provider's merits and internal debate.

"We're honored to be recognized as one of the 50 'Providers to Watch' by Spend Matters," said Matt Clark, COO of Corcentric. "We continue to provide value to our customers across procurement, accounts payable, and accounts receivable departments to boost profitability and streamline processes. This designation by Spend Matters is further proof of our commitment in the B2B financial space."

About Corcentric

Corcentric, a wholly-owned subsidiary of AmeriQuest Business Services, Inc., provides cloud-based financial process automation solutions that have revolutionized how the world's largest organizations manage and protect their financial assets. By connecting best practices with deep expertise, Corcentric's Accounts Payable and Accounts Receivable automation solutions enable organizations to reduce costs, streamline processes, and provide unmatched visibility executives need to make critical business decisions. For more information, visit corcentric.com.

About Spend Matters

Spend Matters is a leading global B2B network focused on procurement and supply chain content with hard-hitting research, analysis, commentary and breaking news coverage. Spend Matters publishes more research than any other analyst firm and has unmatched subject matter expertise and depth of knowledge from its wealth of contributors, ranging from senior practitioners and consultants to technology experts. Spend Matters is operated under management company Azul Partners, Inc.