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Drive Revenue by Leveraging Industry Standards

2 pp

GHX can help you comply with both regulatory and industry mandates. We support the healthcare community as it implements GLNs and GTINs in supply chain transactions.

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Healthcare provider challenges		Manufacturer and distributor challenges		Industry challenges

Off-contract, maverick spend Contract overpayments Financial non-compliance Trading partner connections Low contract compliance Inaccurate item master data Price inaccuracy; price validation Invoice exceptions	Misaligned contracts Manual contract reconciliation Non-file spend Slow invoice approval, late payments Contract underutilization Invoice-to-order discrepancies Misaligned product descriptions Inability to generate EDI	High order error rates Costly inventory audits Increasing DSOs Visibility to revenue growth path Unconsolidated order channels Lack of competitive intelligence Conformance with global standards	Manual order processing Error-prone invoicing Limited price exception visibility Recalled field inventory Lost/expired field inventory Incorrect commission payments Unconsolidated MDM processes	Healthcare reform Escalating supply chain costs Technology adoption Supplier-provider collaboration Global standards adoption

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