Case Study: Southern Pipe & Supply achieves AP efficiency and visibility with Corcentric

Southern Pipe & Supply speeds invoice processing by 90% with Corcentric

Southern Pipe & Supply, a major family-run plumbing, HVAC, and industrial supplies distributor, faced a costly and chaotic challenge with its decentralized, manual accounts payable process. Handling over 20,000 invoices monthly, the company lacked visibility and was losing early payment discounts. To bring structure to this chaos, they partnered with vendor Corcentric to implement its Cor360 Approval Workflow solution.

Corcentric's solution centralized Southern Pipe & Supply's entire AP process, providing real-time visibility and enabling straight-through processing for over 50% of invoices. This resulted in processing times reduced from 3-4 minutes to under 30 seconds, significantly improving discount capture and positioning the finance team as a strategic partner for the company's growth. The results from Corcentric provided a scalable foundation that eliminated the need for added headcount.

Southern Pipe & Supply