Spend Control for Care providers

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Free up resources to focus on what matters most: giving the best possible care

Increasing policies and tightening regulations, mergers and acquisitions, over reliance on disparate, legacy systems, and the need to innovate to address competition is applying huge pressure on margins and costs for Care companies.

And today’s ever-increasing demands require Procurement and Finance functions to not only create value that translates to benefits for payers, patients and shareholders, but to also ensure reliability across organisation-wide systems at all times. This reliability, and accuracy, is imperative, so your technology needs to be “always-on,” up-to-date and ensure constant supply for the whole of your organisation.

Get a handle on how your Care organisation really buys goods and services

This guide provides a practical way to get started in the pursuit of the savings that are to be found in the Procure-to-Pay cycle for Care organisations. Specifically, it’s designed to help you:

  • Get a handle on how things are really done today.
  • Identify where the savings opportunities lie.
  • Develop a vision of how to address the problems and opportunities.
  • Gain a general view of how a good P2P solution can help you do it better!

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P2P | Get a handle on how your Care organisation really buys goods and services
Managing multiple sites and business units can result in uncontrolled spending and supply for your organisation. But visibility and control of every category of spend, accurately, is absolutely key to success. Automating processes, removing wasted or non-compliant spending, and consistency across the supply chain are all possible.
 
Opportunities exist to place a renewed focus on driving greater value out of existing spend management capabilities, both under contract and under management.
 

Learn how VidaCura's procurement processes are more efficient than ever thanks to P2P

In a recent webinar on process automation in procurement, Florian Fischer, Head of Asset Management at Munich-based care company, VidaCura GmbH discussed VidaCura's experiences with process automation in procurement.
 
"The care sector is very heavily regulated, and we are under extreme cost pressure. This is why it is essential that we recognise issues or changes that are needed at an early stage," explained Florian.

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Spend management for multi-location, multi-unit Care organisations

Achieve the next level of purchasing and supply chain performance, across your organisation

Now you can ensure your spend control activities continue to add sustainable value by re-examining your structures, processes and capabilities; across your entire organisation.  

With Proactis, an essential tool for Care providers seeking to cut costs and boost compliance, you can strategically source reliable suppliers to get the best value, maintain visibility of supplier discovery, drive value-based contracting and achieve collaborative supplier performance. You can control every category of spend while enabling your employees to find and buy what they need to do their jobs; via a consumer style experience so all your team, from the Senior team to frontline workers, can use it with ease. Guided buying is in place to reduce out-of-contract spend, and direct all users to approved suppliers.

You are there to deliver care but you are also a business so cost control and efficiencies should be key considerations. Care organisations have also used Proactis to cut costs and improve invoice efficiency. This not only ensures compliant spending, but also makes your organisation “easy to do business with" for suppliers, and frees up resources from time-consuming Procure-to-Pay tasks.

Spend management for multi-location, multi-unit Care organisations

Managing spend across multiple business units results in unique challenges that go beyond those of an organisation with a simpler environment. This paper focusses specifically on these issues:

  • The value of effective spend management.
  • Why the centre-led model is widely used.
  • The unique challenges you must address.
  • The special requirements you will have.
  • The strengths of Proactis solutions for your environment.

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Spend management for multi-location, multi-unit Care organisations
Care providers face unique challenges when it comes to effectively managing their spend and resources. Proactis solutions are modular, so you can go at your own pace depending on time and budget. You can begin with Sourcing, Procure-to-Pay, Accounts Payable Automation or anywhere in-between. Read how by adopting a modular, flexible and scalable system can optimise processes, boost efficiency and gain a competitive advantage.

You can rely on Proactis to deliver true spend control and supply chain performance, and to enable professionals in the Care sector to free-up and maximise their time to focus on what really matters – providing the best care. And we have the experience:

Childcare provider, Bright Horizons, enjoys total visibility of end-to-end procurement and spend

“The beauty of the Bright Horizons and Proactis partnership is that the system gives us the ability to automate invoice processing, while placing orders in different and more efficient ways. This not only adds value but enables us to see all invoices that come through, even those with no associated purchase order.”

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Childcare provider, Bright Horizons, enjoys total visibility of end-to-end procurement and spend with Proactis

Care organisation Careyn supports its ‘Closer by Care’ policy with the Proactis purchasing platform

“With the new working method, supported by the Proactis platform, procurement is making a significant contribution to the broader objectives that we have as an organisation.”

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Care organization Careyn supports its ‘Closer by Care’ policy with the Proactis purchasing platform

Four Seasons Health Care reduces the cost of invoice processing by 41%

“Our overall aim was to centralise the Accounts Payable process while incorporating best practices. Proactis had proven experience in both of these areas, coming forward with proven customer metrics of what could be achieved. The improvements have helped us to increase AP efficiency by 65% and we have reduced AP costs by 41%.”


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Four Seasons Health Care reduces the cost of invoice processing by 41%
Let our experts help you with your unique requirements.