Case Study: Solventum streamlines supplier onboarding and payments with Corcentric

Solventum streamlines supplier onboarding for hundreds of suppliers with Corcentric

Solventum, a newly independent healthcare technology company spun off from 3M, faced the immense challenge of standing up its essential supplier onboarding, purchase order management, and payment processes from day one without adding unnecessary cost or complexity. To achieve this operational readiness swiftly while preserving crucial supplier relationships, the company turned to its long-time partner, Corcentric, to deploy a solution.

Corcentric implemented its Cor360 Purchase Order Supplier Portal as the foundation for Solventum's purchasing and payment operations. This streamlined gateway allowed suppliers to receive purchase orders, submit invoices, and track payments. The deep partnership and prior understanding Corcentric had from decades of working with Solventum's legacy operations at 3M ensured a faster implementation and seamless integration with existing systems. As a result, Solventum achieved 100% operational readiness on day one, successfully onboarding hundreds of suppliers without disruption and ensuring predictable, on-time payments that strengthened supplier confidence from the outset.

Solventum