Arkestro vs Corcentric AP Automation
Arkestro
arkestro.comCorcentric AP Automation
corcentric.comSide by side
| Figure | Arkestro | Corcentric AP Automation |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | — | Yes |
| Plans published | 0 | 1 |
| Spec score · Strategic Sourcing Software | 7.7 (#7) | 8.1 (#4) |
| Compliance | Arkestro states that its information security management system is ISO 27001:2022 certified and that it passes SOC 2 Type II audits without exceptions. | Corcentric says its HIPAA Compliance Program was examined by Schellman & Company. |
| Founded | Arkestro says it was founded in 2017. | 1996 |
| Headquarters | Arkestro, Inc. lists its address as 60 29th St. #148, San Francisco, California 94110. | Cherry Hill, New Jersey, United States |
| Pricing availability | The maker's site directs prospective customers to contact Arkestro or request a demo; it does not state a software price on those pages. | The AP Automation page offers a request-a-demo contact and does not state a product price. |
| Product | Arkestro describes its product as a Predictive Procurement Platform for enterprise procurement. | Corcentric’s Cor360 AP Automation is a cloud-based solution for automating accounts payable processes from purchase orders and invoice processing through approvals and payments. |
| Security | Arkestro says it uses AWS hosting, AES encryption at rest, HTTPS and TLS 1.2 in transit, annual penetration tests, and vulnerability scanning. | Corcentric says its production SaaS solutions have SOC 1 and SOC 2 Type 2 attestations covering security and availability controls. |
Plans
Corcentric AP Automation
- Corcentric AP Automation (Cor360 Payables Automation)Priced on request
In their own words
Arkestro
Arkestro is a web-based predictive procurement platform for enterprise teams. It analyzes purchasing data with machine learning to recommend prices for sourcing events before suppliers respond. The platform combines behavioral science, game theory, data science, and automation to support pricing, supplier selection, negotiations, and workflow management. Teams can use competitive bidding and dynamic feedback, then manage the award process. Predictive Insights monitors supplier, commodity, and market data to identify risks and opportunities and recommend next steps. Arkestro can sync with ERP or P2P systems, using supplier, item, and historical purchase data and returning event awards to the relevant system; its Professional Services team can guide integration. The maker presents use cases in industries including automotive, manufacturing, oil and gas, construction, financial services, and food and beverage. Arkestro says it uses AWS hosting, AES encryption at rest, and HTTPS and TLS 1.2 in transit. It states that its information security management system is ISO 27001:2022 certified and that it passes SOC 2 Type II audits without exceptions. Pricing is on request.
Corcentric AP Automation
Corcentric AP Automation has no write-up on Specifiction yet; its figures are above.