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Remove Complexity from AP, Payments, and Treasury in Healthcare

Healthier Finance Function, Healthier Outcomes

Finance teams in healthcare have relied on outdated and inefficient processes within a hyper-complex business environment. Rising expenses, inflation, hiring challenges, and recent pandemics have exacerbated the strain on these processes.

It's time for healthcare organizations to explore a suite of solutions designed to streamline invoices, payments, and cash management, saving time and money while improving efficiency and security.

End Your Reliance on Legacy Processes

Your staff doesn't have the time and your business doesn't have the money to spend on slow, manual invoices and payments. Automate AP end-to-end instead.

Decrease Costs and Earn Revenue

Healthcare businesses are universally facing budget crunches. Make digital payments using Paymode, Bottomline's Business Payments Network, to reduce costs and earn new revenue via rebates.

Keep Your Business Safe

Fraud can shake business and patient faith in healthcare organizations. Protect your business with leading prevention technology for both invoices and payments.

Enhance Visibility

Ensure you can see your full cash picture at a glance and in full detail. Make it simple to optimize working capital and forecast your long-term financial outlook.

Make Payments Anytime, Anywhere

Send international payments, bank-to-bank, and intra-company transfers in one process flow. Mitigate risk, meet international and domestic compliance mandates, and connect to any bank.

Receive Payments Faster

Achieve accounts receivable transformation by accepting speedy Premium ACH and virtual card payments through the secure Paymode network.

BENEFITS

Healthcare Finance Teams Win with Bottomline

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Attain Real-Time Visibility

Custom dashboards, reporting, and workflows ensure that you never lack the data you need to optimize your financial strategy. Identify trends and get at-a-glance information on payments and vendors.

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Reduce Costs

Meet organizational mandates to find efficiencies and slash expenses by eliminating costly, slow steps in your payment and invoice processes. Eliminating busy work increases staff productivity.

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Earn Revenue

Make digital payments to suppliers and generate revenue to offset increasing costs across the business.

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Secure Your Payments

Protect payments and invoices with built-in security used by some of the largest companies and banks. Secure your vendor population by authenticating them within the Paymode network.

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Eliminate Errors

Mistakes are harmful because they erode business and patient trust and can be costly. Automate core processes and use machine learning to remove those errors from your processes.

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Build Better Vendor Relationships

Give your valued vendors faster payments and better AR tools and enjoy the benefits of early payment discounts and rebates.

Bottomline Technologies
Testimonials

What Our Customers Say

The AP department can now be a revenue generator.

I have found Bottomline to be extremely helpful, and lets us pay as many vendors as we can through ACH.

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Frequently Asked Questions

Do you work with my ERP?

We sync with any ERP via APIs, file-based syncing, and dedicated connectors. To learn more about our capabilities for your specific ERP, contact us directly.

Do you work with other healthcare companies?

Yes, we work with more than 160 leading healthcare organizations and hospitals nationwide to automate accounts payable and work with hundreds more to streamline core finance processes. For an example of how we help healthcare organizations achieve better outcomes, read about our work with Avalon Healthcare (https://www.bottomline.com/us/resources/avalon-health-care-group-complete-treasury-management-solution-case-study).

What kind of results can I expect?

While every business achieves different outcomes with our solutions, most customers achieve benefits which include:

  • Cutting processing costs in half
  • 50% gain in rebates earned
  • Significant reduction in fraud risk

Get In Touch

Reach out to learn more about how our AP solutions can help you achieve better outcomes.