Corcentric is a big provider of cloud-based technology and financial process automation solutions. Today it stated to have signed a partnership with Trailways Transportation System. The objective of the deal is to create a private group purchasing program, utilizing Corcentric’s CorConnect technology. This private group purchasing program allows Trailways members to purchase products and services from more than fifty National Accounts programs through the AmeriQuest Business Services procurement program.
Corcentric will handle all transactions through CorConnect, a centralized billing portal that includes e-invoicing, reporting, and line item analytics. This will give members visibility across multiple locations to verify contract pricing. As transactions flow through the Corcentric portal, Trailways members will only need to write one check for all purchases made within a set time.
Ron Moore, owner of Burlington Trailways and Chairman of Trailways:
“We know this will be a great program for our network of stockholders. Gaining access to so many important suppliers and getting prices consistent with those of our biggest competitors is going to be a game-changer. Plus, the centralized billing portal will simplify all transactions for our busy members and give them the visibility they need to grow their own businesses.”
Dave Lindeen, Senior Vice President of Sales for Corcentric:
“Trailways members will benefit not only from AmeriQuest’s group purchasing opportunities but will also be able to leverage Corcentric’s proprietary centralized billing technology. Members will free themselves from the inefficiencies and costs of manual, paper-based processes, while gaining access to our robust analytics and reporting capabilities.”
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