Paymode-X AP Automation for Healthcare

How Paymode-X helps healthcare

An increase in merger and acquisition activity across healthcare has made life more difficult for AP by adding more vendors, more payment programs and more...well, everything. AP departments are key drivers of those changes when they reduce reliance on paper checks and invoices, streamline supply chain management and manage insurance and Medicare reimbursement.

AP teams like yours recognize that realizing efficiency and financial gains means automating invoicing and payments, but can eliminate pain points including: 

• Paper-based AP processes that are slow, costly, and error-prone
• Challenges implementing and managing distinct virtual card and ACH programs
• Difficulty integrating invoice and payment activity with ERPs and banks
• Inability to pay vendors electronically with the necessary remittance detail
• Poor visibility and significant fraud risk throughout the AP process