Corcentric Source-to-Pay vs Folio
Corcentric Source-to-Pay
corcentric.com
Folio
folio.coSide by side
| Figure | Corcentric Source-to-Pay | Folio |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Procure-to-Pay Software | 7.4 (#12) | 7.3 (#13) |
| Headquarters | Corcentric lists its address as 200 Lake Drive East, Suite 200, Cherry Hill, New Jersey 08002. | Durham, North Carolina, United States |
| Integrations | Corcentric says its Core Framework is designed to integrate with ERP, finance, accounting, and other systems. | Folio integrates with accounting systems to sync suppliers, invoices, and payments; its announced partnership with M3 includes an enhanced integration for hotel finance teams. |
| Support | Corcentric offers managed procurement support and expertise, as well as procurement consulting services. | Folio support is available through in-app messages, email, and text; its most responsive hours are Monday to Friday, 9 a.m. to 6 p.m. Eastern, and phone calls are not supported. |
Plans
Corcentric Source-to-Pay
- Corcentric Source-to-PayPriced on request
In their own words
Corcentric Source-to-Pay
Corcentric Source-to-Pay is a web platform that automates work from supplier discovery and contracts through procurement and payment. Its modules cover sourcing, supplier management, contract lifecycle management, procurement, invoice management, financial management, and payments. Procurement workflows include consumer-like catalogs, requisitions, and purchase orders. Real-time data supports forecasting, category management, decisions, and spend analysis. The Supplier Portal lets suppliers turn purchase orders into e-invoices and check invoice status at any time. The Core Framework allows organizations to model workflows and switch functions or module access on or off for users. Corcentric says it is designed to connect with ERP, finance, accounting, and other systems. A Workato partnership adds pre-built, self-service, and customizable connectivity options; the first Workato-powered Microsoft Dynamics 365 Finance and Operations integration was being prepared for launch. The platform is aimed at mid-market companies and global enterprises. Pricing is on request.