Industry / Healthcare/Medical
“I have enjoyed working with Mitch Taube [CEO] and James Richardson [VP Sales] over the years and feel we made some great progress in advancing the AP operations area at the medical center. I appreciate the support and readiness to work together you both displayed.”
Major metropolitan hospital system
What problems did the hospital face?
- Speed up invoice processing times to allow for faster payment
- Implement a unified, secure, and quickly accessible document management solution for all invoices
- Reduce temporary staff needs and operating costs
- Reduce invoice payment turnaround time
- Eliminate data entry errors
- Free up AP staff and supervisors to focus on core responsibilities and value-added work
What solutions helped them?
- Digital mailroom scanning for paper-based invoices
- Email inbox processing for electronic invoices
- Direct data keying
What impact did the solutions have?
- Reduced invoice time-to-pay to 24-48 hours
- 99% data entry accuracy ensures consistently correct payment
- Eliminated need for temporary staff
- Easy AP integration = seamless hospital acquisitions
- Easier monthly close
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