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.

Information Technology & Services Cherry Hill, United States Founded 1996 ~395 employees Private · Debt Financing

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Employees
395
-1.5% in the 3 months to Jun 2025
Revenue / employee
$289K
Revenue ~$114M
Total funding
$346M
Last round Debt Financing, Jun 2023
12-month attrition
11.3%
Tech: 10.2%
H1B filings, FY2026
2
Sponsors visas
Open jobs
3
Last 30 days

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

Other169
Engineering54
Operations44
Success39
Sales37
Finance22
Product11
Marketing10

Hiring now

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Salaries at Corcentric

All salaries

6 salary profiles in the US

Pay by level, gender and ethnicity

H-1B sponsorship

H-1B Sponsorship Limited
H-1B Filings by Department
Engineering8
Operations1

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.