Healthcare ePayables
Focus Area: Purchase to Pay
Publication Date: 06/01/2014
Healthcare ePayables
A Buyer’s Guide to Paperfree A/P
Introduction
PayStream Advisors is preparing a Technology Insight Report to provide analysis on the rapidly emerging procure-to-pay automation landscape in healthcare. The report is intended to help hospitals evaluate purchase-to-pay automation strategies and solutions. To prevent lost revenue it is essential for hospitals to have visibility of part numbers, pricing, inventory levels, and ship dates. Errors lead to wrong shipments, cancelled orders and other costly delays. As many controllers and CFO’s do not understand the opportunities associated with automating purchasing and payables, this report will serve as a valuable resource for high-level management in identifying both hard dollar and soft dollar cost savings with the implementation of a solution.
Audience
Healthcare Administrators, Accounts Payable Managers, Materials Managers and C-Level Managers of medium to large hospitals who plan to solve the paper-intensive document management process in their purchasing and payables departments. This report is targeted to individuals who require detailed vendor and product information to identify and select an appropriate solution for fully automating purchasing and payables departments.
Objective
The primary objective of this report is to highlight the growing need to automate purchasing and payables to eliminate costly errors. This report will increase healthcare professionals’ ability to distinguish between procure-to-pay vendors and the various solutions that they offer. As you can see in Figure 1, Healthcare is laggig in the adoption of automation.
Report Scope
The report will cover vendors in the procure-to-pay automation space who have developed a targeted product portfolio for Accounts Payable automation.
Figure 1
Adoption of AP Automation Technologies
Report Sponsorship
Please contact at 704-405-5983 for sponsorship opportunities.
Solution Source is your online resource for listings and reviews of the top P2P automation software available.
Testimonials
The PayStream Summit is perfect for networking and review of vendor solutions. .......Director of Finance, Exide
The necessity for supply chain professionals to realize how their roles extend through the payables cycle makes this conference one of the single most "must attend" ones for discriminating supply chain conference goers. .......Director of Information Management, Sisters of Mercy Health System
Tweets
Follow us on Twitter to be the first to get industry news, alerts and trends.
Tweets by @PayStream