Case Study: Integrated Healthcare System turns AP into a profit center with apexanalytix

Integrated Healthcare System boosts supplier adoption 4X with apexanalytix

The customer, an integrated healthcare system, wanted to use dynamic discounting to decrease costs and support supplier working capital, but its previous program suffered from poor supplier adoption due to inaccurate contact data and manual processes. To address this challenge, they partnered with vendor apexanalytix and implemented its apexportal solution.

apexanalytix's apexportal automated supplier onboarding with validated contact data and used a proprietary scoring system to customize discount offers for every supplier. This solution resulted in a fourfold increase in supplier adoption, allowing the AP department to become a profit center. The program also captured its largest amount of discounts to date and ensured operational readiness for the COVID-19 pandemic.