The CFO Guide to Optimizing Hospital AP
Business processes in the healthcare industry often involve more complexity and risk than in other sectors. In addition, hospital AP requires a great deal of accuracy in order to keep sensitive information secure, and costs down.
This white paper serves as a guide for finance leaders on the drivers for implementing AP automation and the value it adds to the hospital supply chain. It summarizes the most common issues that hospitals are faced with, and the benefits that AP automation has delivered to a range of organizations, including up to 80% reduced invoice processing costs and 100% visibility over AP, which is critical for accurate reporting.
The paper highlights the ways in which AP automation can be integrated with existing finance, procurement, and supply chain systems.