TreasuryXpress offers the most economic, easy-to-implement and easy-to-use cloud-based enterprise treasury management software in the industry.
Avalon Health Care Group is a diversified healthcare services provider that offers skilled nursing, therapy, senior living/assisted living and other medical services through their owned, operated, or managed facilities. Located in the Western United States, they provide care to patients in Hawaii, California, Washington, Nevada, Utah, and Oregon.
Avalon employs 7,000+ employees who provide care to 6,850+ patients/residents daily. Avalon has numerous real estate holdings to house their patients which adds significant cash complexities and liquidity requirements to their treasury and financial operations. Additionally, their nearly 7K patients and residents are cared for in distinct and numerous channels - directly in their physical facilities, across their 50 business subsidiaries, and amongst their external contractors — which presented substantial payment management and control requirements.
When Avalon began discussions with Bottomline about the TreasuryXpress solution, their frustration with their current TMS provider was at an all-time high. Their incumbent provider simply could not and would not meet their specialized needs.
As well as being straightforward to implement, the TreasuryXpress model makes it easy to customize the solution for your company’s specific needs – without the additional costs that traditional vendors often tag on. The healthcare sector is very complex, since there are so many moving parts with third-party payers, and TreasuryXpress has been very responsive to our sector-driven needs. Terry Nelson | Treasury and Accounting Services Manager | Avalon Health Care Group
We asked 334 corporate practitioners and bankers where their organisation stands in the fight against fraud, what effects they experienced from the pandemic. With this we gathered extensive data on fraud experiences, defensive and control plans and types of spending used to protect their organisations and views on risks. We have compiled our survey results into a comprehensive report where you can discover the state of fraud and controls, industry trends, peer benchmarks and tips and action items to help combat fraud.
This guide examines how payment hubs underpin five areas of best practice for corporate organisations and make recommendations for business process change required to minimise risk, reduce costs and enhance payment processes.
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