Wednesday 28th September, 2022
Corcentric has announced its partnership with ProMach a worldwide leader in packaging and processing machinery solutions, to provide its Payments suite of payments digitisation services.
“Corcentric is passionate about providing finance teams with a comprehensive solution, including digital payments, fraud prevention, and supplier management,” said Executive Vice President of Corcentric Payments Chris Mashburn. “We’re excited to partner with ProMach as they transform their payment processes to provide their suppliers a more streamlined experience.”
Payments digitisation allows businesses to pay bills online, eliminating physical checks or cash—lowering processing costs, adding cash flow visibility, and reducing errors from manual processes. According to a PYMNTS.com and Corcentric report, 71% of CFOs surveyed at firms generating between $400 million and $2 billion in annual revenue say they have accelerated their digitation efforts since March 2020.
“ProMach strives to deliver consistent, high-performance, industry-leading processing and packaging solutions from our various business lines to our entire customer base,” said Kevin Carroll, Vice President of Corporate Finance at ProMach. “Implementing the Corcentric Payments solution helps us deliver the same level of performance to our highly valued suppliers through a proven, innovative, and secure payment platform.”
Corcentric Payments optimises electronic payments through people, process, and platform innovation.