Case Study: Technology expense-management provider achieves $3.9M revenue rebate and automated bill pay with Corcentric Payments

Software company generates millions by adopting digital payment solution

Large Software company, a technology expense and asset management solution provider, was unable to scale or control its payment process after an unsuccessful internal bill-pay launch and fragmented outsourcing. They engaged Corcentric and its Corcentric Payments solution to gain a reliable payment network, supplier onboarding, and automated billing capabilities.

Corcentric implemented Corcentric Payments — including RPA-driven automated bill pay, interchange optimization, and financial modeling — to manage the company’s TEM spend and replace manual work. Corcentric processed 13,238 transactions totaling $213,512,896 and delivered a total revenue rebate of $3,913,792 (nearly $4M), freeing staff for strategic work and enabling plans to expand payments into additional spend categories and geographies.