Learn how GHX Consulting can increase EDI volume through the GHX Exchange in 90 days. New to electronic invoices? That’s okay, we can help walk you through the process and navigate your MMIS to get you moving. No time to add more trading partners? We've got you covered.
Lisa Armstrong, Accounting Manager, discusses how GHX OnDemand AP® has helped Phoebe Putney drive greater efficiency, accuracy and visibility in the accounts payable (AP) department, enabling the organization to reduce AP staffing levels and capture approximately $300,000 in accruals that they had previously not found.
Medical University of South Carolina implemented an automated content management solution to establish and maintain item master data integrity and embarked on a concerted effort to increase business process automation and contract compliance, achieving $1 million in cost avoidance, and $370,000 in savings related to contract and tier price compliance in less than 12 months.
A two-page case study explaining how Phoebe Putney Health System achieved greater efficiency, accuracy and visibility within the accounts payable (AP) department utilizing the GHX OnDemand AP solution. It has gone from highly manual paper-invoicing processes to 99 percent of invoices being paper-free.
The solution deployed at St James’s provides the hospital with the perfect platform to adopt new healthcare standards (e.g. UDI) and regulations, consume the associated data to provide end users with quality management information to make informed decisions that ultimately improve the quality of care delivered to their patients.
Making the move to frictionless AP processing helps improve cash management and frees up working capital. Not only do fewer touch points mean fewer errors and exceptions, but this invoice automation solution supports strategic goals to reduce costs and improve productivity by going paperless.
In this HFMA Action Brief, learn how organizations have used automation of procurement and payables processes to optimize business performance.
By leveraging technology, organizations can streamline accounts payable functions, saving themselves time and money.
“Any time you can simultaneously improve efficiency, reliability, and security, it is a good thing, and we have found the move away from paper to be a beneficial one on all fronts.”
Sondra Crowley, Senior Director of ERP Business Transformation for Texas Health Resources, Arlington, Texas