Data connectors for integrating AP transaction data, P-card and 3rd party [distributor, pharmacy, supplies] spend files into a central view.
Identifies contract savings opportunities based on market pricing competitiveness across spend categories and vendors. Provides item level detail on where price improvement will lead to additional savings being realized.
Purpose built dashboards for sourcing, finance and supply chain operations to monitor performance and track contract savings impact.
Price Parity Analysis
Assessment of savings opportunities using “best” price analysis to standardize product costs across the health systems purchases. Gives visibility into the impact of price variances on total acquisition costs with detail on where improvements could be made.