Innovations in Accounts Payable Contribute to Patient Related Care at a Major Hospital Network

An Enterprise level healthcare organization has implemented AP Automation in a move to increase efficiency and decrease operating costs in order to allocate those resources to even higher patient care. End Quote

Orange County, CA (1888PressRelease) June 15, 2016 - iPayables, an industry leader in electronic invoicing and AP automation has announced the signing of a major faith-based, not-for-profit healthcare organization based in Eastern Texas. After vetting many other electronic invoicing companies, the major healthcare provider chose iPayables for its unique blend of innovative payables solutions and workflow optimization. The service includes supplier adoption and offers support services and dynamic discounting to suppliers.

"Our hospital clients are extremely focused on customer care. If they can reduce expenses in payables and increase discounts, all of those savings can go into improved patient care. They're using payables automation as another step towards achieving their mission." said Ken Virgin, CEO of iPayables.

Like many organizations looking to reduce manual paper processing and maximize discount capture, the large Texas healthcare organization will be among a select group of major healthcare providers to fully automate their Accounts Payable process. Partnering with iPayables, a leading AP Automation provider, this healthcare organization is now on track to achieve significant cost and labor reduction in AP and will have a fully automated payables process. The cost savings gained through AP Automation will go directly towards patient related care.

With a healthcare system that includes seven Hospitals, 39 specialties in 33 clinic locations with over 350 physicians and advanced providers; the enterprise level healthcare organization will greatly benefit from an advanced workflow system where invoices can be routed quickly to the appropriate managers for approval, and with approval processing completed in a few days, Dynamic Discounting can be offered to suppliers. Supplier response has been positive, mainly since there is no charge for suppliers to use the iPayables' vendor portal, where they can directly submit invoices electronically, get status updates and request early payment through dynamic discounting.

About iPayables
iPayables is the leading provider of Payables Automation and Electronic Invoicing. By using our advanced internet invoicing system (InvoiceWorks®), companies can process invoices electronically, make changes, and can track payments all while eliminating phone inquiries, data entry, filing and the scanning of documents.

The world's largest airline, largest grocer, largest restaurant chain and other Fortune 100 companies use iPayables InvoiceWorks® because of its functionality, flexibility, and unmatched value. iPayables provides supplier tools for invoice web-entry, file upload, EDI, PO flip and paper invoice capture, which integrate seamlessly with our robust and dynamic workflow, purchase order matching, dispute resolution, payment and dynamic discounting capabilities. To learn more about iPayables visit http://www.ipayables.com

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