Case Study: Naumann Hobbs achieves 10-day faster month-end close and 50% AP headcount cost reduction with Corcentric’s Cor360 Approval Workflow

Naumann Hobbs brings precision and speed to accounts payable process with approval workflow solution

Naumann Hobbs, the US Southwest’s oldest and largest provider of material handling equipment, was processing about 4,000 invoices a month and running accounts payable largely by hand, which led to heavy data entry, slow approvals, and costly inefficiencies. To fix this, Naumann Hobbs engaged Corcentric and its Cor360 Approval Workflow to digitize and streamline their AP processes.

Corcentric implemented Cor360 Approval Workflow with centralized online document storage, a single submission point, status tracking, integrations to limit duplicate work, and hands-on onsite training. The result: Naumann Hobbs now closes its books on day 6 instead of day 16, reduced headcount costs by 50%, and achieved faster, more accurate payables with less manual intervention—benefits they plan to expand with Corcentric’s broader solutions.

Naumann Hobbs

Michael Vincent

Chief Executive Officer