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E-invoicing, SCF & E-procurement

Corcentric to upgrade spend management strategy for G&P Trucking

Wednesday 25 July 2018 | 11:57 AM CET

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

More: Link
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