Corcentric Review - why 2.8 stars?

b-pack Review
ITQlick Score: 83/100
ITQlick Rating:
Pricing: 9.6/10 - high cost
Category: Procurement -> Corcentric review
Ranking:Ranked 11 out of 79 Procurement systems
Company: b-pack, Inc.
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Cloud
Links: Corcentric pricing, Corcentric alternatives
Shlomi LaviShlomi Lavi / updated: Dec 16, 2022

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What is Corcentric?

Corcentric is a procurement management solution for businesses of all sizes. Other than procurement management, it also offers real time budget management, performance monitoring, integration, and other capabilities. The software was designed and launched by Corcentric headquartered in Georgia, United States.

Who is it best for?

Customers of the software include businesses of all sizes with backgrounds in a variety of major industries. It has been deployed in such domains and industries as healthcare and hospitality, financial services, retail and wholesale, automation, transportation, and others. Some major customers of the software include Vinci Airports, Vaucluse Logement, and ANDRA etc.

Main features and functionalities

To control the extra spending and keep the cost in required limits, the software offers real time monitoring and management of budget. Budget can be managed down to the specific contracts by integrating it with the rest of the purchasing cycle. The software also offers performance monitoring, forecasting, and improved spend visibility. Support is offered for multi-currency and multi-language operations.

The eProcurement module of the software offers dynamic approval workflows, dispute management, collaboration, and reduction of manual intervention. It also offers eSourcing capabilities of supplier performance and certification management, panel management, eTendering, and contract execution. Integration is offered with various third party systems such as SAP, Oracle, and Sage etc.

What is the actual cost?

ITQlick pricing score is 9.6 out of 10 (10 is most expensive). Access ITQlick pricing guide for Corcentric. You can also find here pricing information from Corcentric's website.

How it stacks up?

Access a head to head analysis of Corcentric vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
Corcentr...
ITQlick rating
2.8/5
Score
83/100
Pricing
9.6/10
License pricing
Pricing not available
Functionality
9
Compare
DXC Proc...
ITQlick rating
3.9/5
Score
92/100
Pricing
7/10
License pricing
Pricing not available
Functionality
4
SynerTrade
ITQlick rating
4.1/5
Score
90/100
Pricing
10/10
License pricing
$59 per user/month
Functionality
16
DeltaBid
ITQlick rating
4.5/5
Score
89/100
Pricing
2/10
License pricing
$129 per user/month
Functionality
16
Precoro
ITQlick rating
4.8/5
Score
88/100
Pricing
2.2/10
License pricing
$35 per user/month
Functionality
16

Frequently Asked Questions (FAQs)

Is it the best Procurement system?

Corcentric is ranked 11 out of 79 software in their category (Procurement systems).

How they are rated on ITQlick?

The rating of Corcentric is 2.8 stars out of 5 and the total score is 83 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Corcentric makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently Corcentric can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between Corcentric and alternatives?

The most popular alternatives to Corcentric in 2023: DXC Procurement, SynerTrade, DeltaBid, Precoro, SCLogic Software. Access the complete competitors analysis here - Corcentric VS Procurement Software alternatives.

List of categories

Supplier Management
Purchasing Management
Procurement
Contract Management
SC Procurement
Strategic Sourcing

List of features

Fixed Asset Management
Auction Management
Inventory Management

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.