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AP automation can help gain 50 – 75% in productivity.

By converting invoices from manual to electronic, our hospitals have reduced their average invoice cost from $14.78 to $2.51.

Your organization can avoid overpayments from discrepancies and optimize early payment discounts.

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Automate accounts payable with the GHX OnDemand APSM Solution

As is true with most industries, a hospital’s accounts payable department is an area where inefficient processes lead to lost revenue – from money spent to reconcile discrepancies and duplicates, as well as lost opportunities for early payment discounts.

If your organization were to utilize a more efficient, faster invoice-to-pay process, the result would mean significant savings – in time and resources, and the opportunities for early pay discounts.

The OnDemand AP  solution enables your organization to streamline your entire AP process, reducing invoice processing costs and cycle time, improving internal controls and productivity and optimizing cash flow. Customers are seeing an 80% reduction in hard dollar savings using OnDemand AP.
 

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