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Corcentric to Provide Buying Group Solution To The Automotive Distribution Network


5/15/2012

 
McLEAN, Va. — Corcentric, a provider of cloud-based technology solutions for the automotive industry, has signed an agreement with the Automotive Distribution Network, through which the Network will utilize the Corcentric solution to bring a single connection point to its member and supplier order management processes.

“We looked long and hard at our options for EDI services and are very pleased with what we found in Corcentric. They understand the challenges faced by program distribution groups and provide a solution that answers them,” said Tom Frey, vice president of IT for the Network.

Corcentric says it will provide a solution that will significantly reduce the cost of order processing for the Network’s member distributors and approved suppliers. Through Corcentric OneConnect, Network members will be linked via a single connection to their suppliers for seamless invoice processing and receipt with their business systems, which digest Electronic Data Interchange (EDI). Additionally, for those members without EDI-capable systems Corcentric will provide a web portal to electronically manage POs, receipt acknowledgements, advance ship notices and electronic invoices. More than 80 percent of the Network’s order volume will flow through the system within the first year.

“We are excited to work with the Automotive Distribution Network to provide a seamless transaction solution to their members and nsuppliers. In addition to a single connection point, the Network members and suppliers will also benefit from centralized special ordering and an automated rebate management solution further reducing costs to members and suppliers,” stated Dave Lindeen, vice president, Corcentric.












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