What does the path to procurement efficiency look like in the healthcare industry? According to PayStream Advisors’ research, healthcare procurement departments face unique, complex process and regulatory obstacles that translate into lengthy requisition approval times and excess paper. With these …
Sourcing is a useful purchasing process for extracting more value and competitive prices from suppliers. However, manual sourcing procedures often lead to poor process transparency and inconsistent data management. eSourcing software automates essential functions and improves existing procedures.
Despite the steadily increasing use of electronic formats for invoice management, many companies have not truly automated their AP process from receipt to payment. See the full infographic below. Underwritten in part by
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