Learn how Greystone Healthcare Management transformed their AP department from a cost center into a revenue generator, converted paper checks into ACH and streamlined their complex vendor payment process.
With an average of 1,500 checks issued per week that required manual review and postal preparation to more than 3,000 vendors, Greystone had concerns about:
- The inherent risk of check fraud
- High per-payment costs
- Inefficient allocation of resource time
- The overall cumbersome processes to issue payments
"Paymode-X has provided Greystone with the efficiencies and seamless transition from paper check to paperless electronic payments,” says Connie Bessler, CEO, Greystone Healthcare Management.