Corcentric
Corcentric is a prominent provider of B2B commerce solutions, established in 1996 and based in Cherry Hill, New Jersey. The company specializes in end-to-end Source-to-Pay and Order-to-Cash solutions that enhance business processes, improve cash flow, and lower operational costs for enterprise and middle-market businesses. Corcentric offers a wide range of services, including procurement solutions, accounts payable automation, billing solutions, financial automation, and strategic advisory services. Their proprietary B2B payments network connects over 450,000 buyers and 1.4 million suppliers, processing more than $100 billion in transactions annually. The company is committed to helping clients optimize their operations and invest in sustainable growth through innovative technology and expert guidance. Led by founder and CEO Douglas Clark, Corcentric continues to grow and innovate, focusing on product development and international expansion to strengthen its market presence.
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Headcount trend
Corcentric went from 405 employees in Jul 2023 to 395 in Jun 2025. Jan to Jun 2025: 13 people joined, 26 left.
Headcount data through Jun 2025
Org structure
Headcount by department
Hiring now
See all jobsSalaries at Corcentric
All salaries6 salary profiles in the US
H-1B sponsorship
The department split adds up all the years listed above. FY2026 alone: 2 filings.
Funding
- Jun 2023 · Debt Financing · $65M · TCW Private Credit Group
- May 2020 · Private Equity · $80M · Bregal Sagemount
- Dec 2018 · Debt Financing · $200M · Bank of America, J.P. Morgan Chase, TCW
- Apr 2018 · $1.2M
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Corcentric FAQ
How many employees does Corcentric have?
Corcentric has about 395 employees, down 1.5% over the 3 months to Jun 2025.
Does Corcentric sponsor H1B visas?
Yes. Corcentric filed 2 H1B (LCA) applications in FY2026, according to the latest U.S. Department of Labor disclosures. Most of them were for Engineering roles.
What is Corcentric's revenue per employee?
Corcentric makes about $289K in revenue per employee, based on $114.1M annual revenue and 395 employees.
How much does Corcentric pay?
6figr has 6 salary profiles for Corcentric in the US, with pay broken down by role, level, gender and ethnicity on the Corcentric salaries page. See Corcentric salaries
How much funding has Corcentric raised?
Corcentric has raised $346.2M in total funding; its latest round was Debt Financing in Jun 2023.
Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.