Rob DeVincent of Corcentric to Co-host The Children's Place Procure-to-Pay Case Study Session at IOFO's Fusion 2012

DeVincent to Co-host Case Study Session at IOFO's Fusion 2012, which will Cover how The Children's Place was able to Gain a Competitive Advantage by Implementing an Automated P2P Solution. End Quote

(1888PressRelease) May 03, 2012 - Corcentric, a leading provider of Accounts Payable automation solutions, today announced Rob DeVincent will be co-hosting an educational session at the Institute of Financial Operations' 2012 Fusion Conference, the largest conference for AP professionals and professionals working in all areas of financial operations. The session titled "The Retail Advantage: Case Study on P2P Automation at The Children's Place," is session #1710 in the AP, P2P, and TAWPI focus disciplines. This session, which offers one Business Management and Organization credit to attendees, will take place on Thursday, May 17, 2012 from 9:15 AM - 10:15 AM. Fusion 2012 will take place on May 13-17, 2012 in Nashville, Tennessee at the Gaylord Opryland Resort and Convention Center.

Rob DeVincent, Vice President of Product Marketing for Corcentric will be co-hosting this session with Paul Santini, the Former Vice President of Financial Operations for The Children's Place and will reveal how The Children's Place:

•Identified and fixed inefficiencies related to paper-based AP processes
•Evaluated the benefits of SaaS automation vs. in-house solutions
•Implemented a new P2P automation solution that resulted in:
- A streamlined PO requisition process
- Increased efficiency in AP processing
- Improvements in capital expense tracking and budgeting
- Dramatic improvements in early pay discounts

This session is designed for finance professionals who are interested in learning how organization's can gain the competitive advantage by implementing SaaS-based P2P automation solutions.

Mr. DeVincent is responsible for guiding the product roadmap of Corcentric's Accounts Payable solution, COR360, which enables companies to manage 100% of their paper and electronic invoice submissions, invoice approvals and matching, supplier customer service, purchase order requisitioning, payment disbursement, and spend management electronically. He has over 20 years of experience in designing and implementing Accounts Payable automation solutions. Additionally, he is the host of his own AP educational Webinar series and is a frequent speaker at various AP tradeshows including PayStream Advisors, IAPP, IOMA, and TAPN.

For additional information on this session or to register and attend Fusion, visit: financialops.org/web/conferences/fusion-2012.

About Corcentric
Corcentric is a leader in financial process automation, specializing in Accounts Payable automation, PO requisitioning and imaging, and workflow solutions. By creating a paperless conduit between procurement, Accounts Payable, Accounts Receivable, and suppliers, Corcentric allows companies to immediately manage 100% of their invoices electronically. Our cloud-based (SaaS) architecture allows for solutions to be configured in days rather than months for rapid return on investment.

Corcentric was founded in 1998 and is headquartered in McLean, Virginia with offices in Cherry Hill, NJ; Oakbrook Terrace, IL; Coral Springs, FL; and Fairfield, NJ. More than 3,000 companies rely on Corcentric to streamline their invoicing and payment processes to gain controls and efficiency while optimizing working capital.

For more information on Corcentric, call 888.525.7677 or visit corcentric.com.

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