Hospitals and other medical institutions need to minimize expenses and maintain the health of their working capital.
By automating source-to-pay (S2P) processes with Direct Commerce, healthcare providers can achieve a more strategic growth mindset, while focusing more on creating the best possible outcomes for patients.
Streamlining workflows and channeling suppliers through a centralized portal makes it easy to pay suppliers quickly, bring on new offices or business units, and ensure the proper inventory of mission-critical supplies.
Using a set of sophisticated but easy-to-use tools, Direct Commerce makes it possible to reduce supply chain processing costs, shorten month-end closing cycles, and increase visibility into performance for better decision-making.
Electronic invoice processing capacity
Supplier adoption
Typical reduction in inventory errors
Potential resource reallocation via help desk automation
Time reduction for month-end close
Expected cost savings from dynamic discounting
Director of Financial Services, Prominent Healthcare Network
More frequent calls from suppliers led one major healthcare system to make an appointment with Direct Commerce.
Research reveals the value of early-pay discounts and touchless invoice processing.
Embrace Digital Transformation & Achieve a Touchless P2P Environment.
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