Corcentric Announces New Vice President Of Product Marketing

Rob DeVincent Provides Company with Extensive Background in Accounts Payable Automation Solutions. End Quote

I am very excited to be a part of the Corcentric team as we find new ways to help organizations automate and improve the accounts payable process.

(1888PressRelease) November 02, 2010 - McLean, VA - Corcentric, a leading provider of accounts payable automation solutions, today announced the appointment of Rob DeVincent as Vice President of Product Marketing. He brings over 20 years of experience from the Accounting and Accounts Payable Automation areas.

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. "I'm very excited to be a part of the Corcentric team as we find new ways to help organizations automate and improve the accounts payable process. We provide a comprehensive purchase to pay solution that significantly reduces costs and increases efficiencies, and we're adding new enhancements with every product release that will continue to dramatically improve the services, features and functionality we have to offer," said Mr. DeVincent.

Accounts Payable professionals have seen Mr. DeVincent speak at various AP conferences including IAPP, IOMA, PayStream Advisors, and IQPC. He previously worked for Archive Systems, where he focused on Accounts Payable solutions, gathering market research on the needs and best practices of world-class companies to provide the instruction and guidance for their ASPEN Accounts Payable product. He also worked for Avon Products Inc., where he led various initiatives to streamline the Accounts Payable department by implementing a shared services model, which included automated imaging and workflow for Accounts Payable. In addition, Mr. DeVincent was instrumental in other finance and accounting initiatives including implementing a travel and expense management system, a financial planning and forecasting system, and ERP systems.

"I'm very excited to have Rob join Corcentric in his new role. We were impressed with his extensive background in accounts payable automation and invoice processing and his strong ability to lead the product roadmap for an AP automation solution, so we knew he was the right person to lead the way for COR360," stated Dave Lindeen, Vice President of Corcentric.

About Corcentric
Corcentric is a leader in providing accounts payable automation solutions that are powerful, yet easy-to-use; giving companies an easy-to-adopt conduit between AP/AR and suppliers with uncompromising functionality. Corcentric builds configurable solutions that allow clients to electronically mange 100% of their invoices, resulting in increased revenues and reduced business costs. For more information about Corcentric, contact Dave Lindeen, Vice President, at (630) 925-7677 or visit the Website at www.corcentric.com.

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