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New Corcentric Partnership Gives Buying Power to Trailways Carriers

1888 PressRelease - Corcentric creates new program giving Trailways network members access to major suppliers and competitive pricing through AmeriQuest Group Purchasing program.

1888 PressRelease - Corcentric creates new program giving Trailways network members access to major suppliers and competitive pricing through AmeriQuest Group Purchasing program.

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<strong>New</strong> <strong>Corcentric</strong> <strong>Partnership</strong> <strong>Gives</strong> <strong>Buying</strong> <strong>Power</strong> <strong>to</strong> <strong>Trailways</strong> <strong>Carriers</strong><br />

1888 PressRelease ­ <strong>Corcentric</strong> creates new program giving <strong>Trailways</strong> network members access <strong>to</strong> major suppliers<br />

and competitive pricing through AmeriQuest Group Purchasing program.<br />

McLean, VA ­ <strong>Corcentric</strong>, a leading provider of cloud­based technology and financial process au<strong>to</strong>mation<br />

solutions, <strong>to</strong>day announced they have signed a partnership with <strong>Trailways</strong> Transportation System, Inc., <strong>to</strong><br />

create a private group purchasing program, utilizing <strong>Corcentric</strong>'s CorConnect technology, that allows<br />

<strong>Trailways</strong> members <strong>to</strong> purchase products and services from more than fifty National Accounts programs<br />

through the AmeriQuest Business Services procurement program.<br />

<strong>Corcentric</strong> will handle all transactions through CorConnect, a centralized billing portal that includes e­<br />

invoicing, reporting, and line item analytics. This will give members visibility across multiple locations <strong>to</strong><br />

verify contract pricing. As transactions flow through the <strong>Corcentric</strong> portal, <strong>Trailways</strong> members will only need<br />

<strong>to</strong> write one check for all purchases made within a set time.<br />

"We know this will be a great program for our network of s<strong>to</strong>ckholders," stated Ron Moore, owner of<br />

Burling<strong>to</strong>n <strong>Trailways</strong> and Chairman of <strong>Trailways</strong>. "Gaining access <strong>to</strong> so many important suppliers and getting<br />

prices consistent with those of our biggest competi<strong>to</strong>rs is going <strong>to</strong> be a game­changer. Plus, the centralized<br />

billing portal will simplify all transactions for our busy members and give them the visibility they need <strong>to</strong><br />

grow their own businesses."<br />

"<strong>Trailways</strong> members will benefit not only from AmeriQuest's group purchasing opportunities but will also be<br />

able <strong>to</strong> leverage <strong>Corcentric</strong>'s proprietary centralized billing technology," says Dave Lindeen, Senior Vice<br />

President of Sales for <strong>Corcentric</strong>. "Members will free themselves from the inefficiencies and costs of manual,<br />

paper­based processes, while gaining access <strong>to</strong> our robust analytics and reporting capabilities."<br />

About <strong>Corcentric</strong><br />

<strong>Corcentric</strong>, a wholly owned subsidiary of AmeriQuest Business Services, Inc., provides cloud­based financial<br />

process au<strong>to</strong>mation solutions that have revolutionized how the world's largest organizations manage and<br />

protect their financial assets. By connecting best practices with deep expertise, <strong>Corcentric</strong>'s ground­breaking<br />

Accounts Payable and Accounts Receivable au<strong>to</strong>mation solutions have enabled organizations <strong>to</strong> reduce costs,<br />

streamline processes, and provide unmatched visibility executives need <strong>to</strong> make critical business decisions.<br />

More information can be found at http://www.corcentric.com.<br />

About <strong>Trailways</strong><br />

The <strong>Trailways</strong> Transportation System (<strong>Trailways</strong>), founded in 1936, is comprised of 74 independently<br />

owned/operated mo<strong>to</strong>rcoach companies in North America and Europe. Each company adheres <strong>to</strong> the highest<br />

safety standards as required by the United States Department of Defense (USDOD) or its country's<br />

equivalent. For more information, contact <strong>Trailways</strong> Corporate Office 703­691­3052 or email: Bustrails ( @ )<br />

trailways dot com; or visit: www.trailways.com.<br />

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