GHX Invoice and Payment
Digitize and automate invoices and payments while gaining AI-powered visibility that helps finance teams reduce friction, improve forecasting and unlock working capital.
GHX Invoice and Payment automates and helps simplify invoice, payment and remittance data processes by aligning clean data, automating invoice and payment workflows, and delivering greater visibility into invoice and payment status. Finance teams gain clearer insight into what is happening across the workflow, where cash may be at risk and how to act sooner. With consolidated visibility, you can accelerate cash application and reduce your DSO and costly fees while your team spends more time focused on customers and growth initiatives. The result: stronger liquidity, improved forecasting accuracy and more resilient financial performance.
day DSO on average
faster approval cycles with digitization and automated exception handling
reconciliation automated
*Based on GHX internal statistics, industry information, and assumptions based on industry information. Actual customer results may vary and are dependent on a variety of factors, including the level of customer engagement with GHX's payment and invoicing tools. GHX gives no assurance or guarantee that the same results or potential savings will be obtainable or prove to be correct.
DSO Intelligence
DSO Intelligence transforms fragmented invoice and payment data into actionable intelligence, helping finance teams anticipate risk and improve cash flow predictability.
With enhanced visibility across invoice-to-payment, finance gains the confidence to forecast more accurately, resolve issues sooner and strengthen working capital performance.
Visibility+Predictive Analytics Within your Existing Workflow
Resolve issues faster and reduce costly disputes and delays that slow progress from invoice to cash.
Invoicing
Manual and misaligned invoice processes introduce delays that extend DSO and weaken forecasting confidence. GHX enables suppliers to digitize all invoices to track across PO and non-PO invoices.
With cleaner data and near real-time insights into invoice status, disputes and credit holds can be reduced — helping invoices move more quickly to payment. Increased visibility into invoice status helps teams focus follow-up where it matters most.
Payments and Reconciliation
GHX offers the only healthcare-focused e-payment solution that delivers mutual value to you and your customers. This touchless payment solution automates and accelerates payments with more predictability to strengthen liquidity and reduce reliance on costly credit. GHX automates payment workflows and reconciliation to help shorten time-to-cash while improving financial accuracy.
By enabling electronic payments and automating cash application, finance teams reduce manual rework and free resources to focus on higher-value initiatives.
Companies with your level of revenue, DSO and terms can potentially save:
to per year with fewer days of DSO
*Efficiency savings calculated around cost of paper and postage, automation savings, and free cash flow acceleration.
Results are based on information available and provided to GHX, including industry averages, internal data, and assumptions based on industry information and for illustrative purposes only. Actual savings will vary, and we give no assurance or guarantee that the potential savings will be obtainable or prove to be correct.
Customer Testimonial
Brian Burbach, Global Director, Credit and Collections shares best practices for leveraging automation of order-to-cash processes that enable and reward accelerated payment processing for mutual value.
“Our Finance team has found that GHX’s payment automation solution allows our customers to pay us faster, which turns that cash flow even quicker. And as we add more customers to our payment program, the better our cash flow situation is.”
Chris Anne Cocanougher, Senior Director, Commercial Operations, LivaNova
Chris Ann Cocanougher
Senior Director Commercial Operations
LivaNova
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