Trends & Insights

Article February 7, 2020

How to Take Advantage of Early Payment Discounts

When it comes to vendor payments, many healthcare organizations are missing out on some simple cost savings. This article highlights how providers can leverage early payment discounts as part of a better payment strategy.

Article February 7, 2020

5 Best Practices for Using Virtual Credit Cards

The role an AP department can play in an organization's strategic growth is often overlooked. For example, an AP card, or virtual card, can automate process while capturing costs savings and generating revenue. Here are 5 best practices that contribute to a successful virtual card program.

Article February 7, 2020

The Best Way to Build a Multilayered Payment Strategy

Is your healthcare organization getting the most out of its payment strategy? The article explains how providers can maximize a payment strategy's long-term value by implementing a multi-phased approach.

Article February 7, 2020

How to Convince Suppliers to Accept Virtual Card Payments

A virtual card payment program can help healthcare organizations reduce costs while building strong supplier relationships. This article explores how providers can convince vendors to accept virtual card payments.

Article February 6, 2020

Does Your Health System Have a Payment Strategy?

Your healthcare organization probably has a growth strategy, but does it have a payment strategy. This article details why a payment strategy is so important and offers tips to make sure your strategy is effective.

Article February 6, 2020

Seizing the Benefits of Strong Supplier Relationships

Suppliers are key to the success of your health system, and that means building a strong financial relationship. Here are four strategies to foster better, stronger supplier relationships.