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
Typical reduction in inventory errors
Potential resource reallocation via help desk automation
Time reduction for month-end close
Expected cost savings from dynamic discounting