Procure to Pay
Invoice Automation for Health Care Companies
Health care companies are unique when it comes to accounts payable.
You need software that is flexible and adapts to your workflows and processes in order to stay on top of your supply chain.
And while health care companies have experience with high-volume process-centric systems for things like claims processing or medical records, your procure to pay process is also low hanging fruit for automation and efficiency.
Whether you’re processing hundreds of supplier invoices a month or even thousands, AP Automation will save you time, money, and frustration.
Health care AP Automation software powered by CoreIntegrator provides a paperless, automated solution for all kinds of health care companies.
In fact, CoreIntegrator has developed health care AP automation software that automates the entire process of procure to pay.
That's why some of the largest health care providers in the country have turned to CoreIntegrator for purchase order, invoice processing, and payment automation.
And by implementing our ePayment solution you can even earn cash back on every bill you pay!
Health Care Companies Face Unique AP Challenges
Running a health care business can be complex.
In an industry where margins are thin and supply chain disruptions can be a disaster, you need a fast, efficient way to process invoices.
We’ve developed a specialty in automating AP for health care provider companies.
For example, we understand that your company processes a high volume of non-PO invoices every year. Lease payments, utility bills, landscaping, and other costs of doing business are invoiced directly and must be paid accurately and on time.
And when you are managing these invoice payments across several counties or states states the bills and complexity pile up quickly.
We also get that you have PO invoices to process for product and service suppliers and other down-chain partners.
So you need an automated process that matches POs with packing slips/receipts as well as invoices.
You need a system that can process both PO and non-PO invoices quickly, efficiently, and inexpensively.
That’s where CoreIntegrator comes in!
AP Automation Specifically Designed for Health Care Companies
At CoreIntegrator, we solve for all the unique AP automation challenges that you face.
Centralize your entire operation's procure to pay process in one place.
It makes no sense to have your facilities in several regions or states receiving, approving, and in some cases even paying their own bills.
On the PO side, our solutions allow requisitions to be electronically passed from your various facilities to HQ and then go through an automated customized approval flow.
Need sign off at both the corporate as well as the local level?
With CoreIntegrator, no problem! Both can be achieved with a single click on any device from anywhere in the world.
On the direct invoice side, all the bills for every facility can be processed directly at your home office or corporate HQ.
You or your facility staff simply email all invoices and bills to the cloud and your invoice data will appear in your work queue within one business day.
Our Verified Data Capture Service provides near-100% accuracy of invoice data capture. Even for hard-to-interpret utility bills or hand-scrawled landscaping invoices, all with no expensive OCR technology!
That's because your data will have been reviewed for accuracy by at least two and up to four humans - providing absolute confidence in the accuracy of the invoice data.
See how the CoreIntegrator Data Capture Service can make your AP staff 500 times more efficient!
From there our Smart AP robotic process automation completes your data entry and invoices are sent for approval. Which, again, can be made with a single click on any device from anywhere.
Once approved the invoice can be routed to your ERP for payment.
We can integrate with virtually any ERP or accounting system or you can choose to use CoreIntegrator’s ePay solution to set up electronic payments by eCheck, ACH, wire transfer or Virtual Credit Card.
But why not use virtual credit cards to pay your invoices and earn cash back for every invoice that your company pays!?
See how full end to end procure to pay automation can save your company time and money.
Reduce Overhead and Costs
How much will your health care company save with CoreIntegrator procure to pay automation?
One health care customer that implemented our automated procure to pay solution was able to save tens of thousands of dollars a year - while freeing up staff!
And by converting just a small percentage of its invoice payments to eCard payments, the rebates would turn this company’s AP department into a profit center!
Use our Cost Savings Calculator to get an idea of how much your company could save – or make in profit!
Improve Procurement and Bill Payment Efficiency
Not only will our procure to pay automation solutions save you time and money, it will also significantly speed up the purchasing and bill payment process. Automated electronic processing of invoices improves the turnaround time as well as the accuracy of the PO and invoice approval process.
No more late payment fees. No more over-payments, under-payments, or duplicate payments! It also means you can pay your bills much faster – and even qualify for early payment discounts!
Request a demo and let us show you how many benefits our AP automation solutions provide!
Track and Use Data from AP Automation to Achieve Greater Cost Savings
Electronic archiving of legacy as well as current invoices allows for easier searching, reporting, and auditing of invoices.
But our health care customers also use data from our AP automation solutions to track expenses, find anomalies, and further reduce expenses.
With greater insight into the bills they pay, our customers can identify less expensive vendors.
For example, say you have 2 facilities in the same area - if one landscaping company is charging far less than the other you will see that right away and be able to switch to the cheaper company for both sites.
AP automation also protects our customers against invoice fraud. Any anomalous invoice is flagged, and AP staff can investigate it before your company pays a fraudulent invoice.
Let us show you how efficient your health care company’s AP can be.
Fill in the form with a few details and we'll be in touch to take you through our recommended solution for your specific circumstances.
At CoreIntegrator, we make people more productive.
Let us show you how we have saved our current health care company customers time and money. How centralization and insight into AP data can turn your company into a data-driven organization.
Contact us to request a demo today.