Established Market Presence Source One, now operating under Corcentric, has a solid reputation in procurement, supply chain, and spend management consultancy, with recent recognition as a Top 50 procurement provider, indicating strong industry credibility and ongoing demand for their services.
Growth Through Partnerships Strategic collaborations with companies like Stimson Lumber, Flexo Label Advantage Group, and ANJAC Group suggest opportunities to leverage existing partnerships to cross-sell or expand into various industry verticals seeking digitalization and process modernization.
Investment-Ready Platform Backed by $280 million in funding and generating revenue between 25 and 50 million dollars, Corcentric is positioned with significant financial resources to support product development and client expansion efforts, making it attractive for potential clients seeking scalable procurement solutions.
Tech-Driven Solutions Utilization of advanced tools like Power BI, Docker, and MySQL indicates a strong technological foundation focused on data-driven procurement and spend management, appealing to clients looking for innovative, automated, and integrated digital platforms.
Leadership & Innovation Recent executive appointments and promotions reflect a focus on strengthening sales capabilities and product management, signaling a proactive approach to expanding market share and developing tailored procurement solutions for diverse industries.