Case Study: Leading Integrated Healthcare Company improves AP compliance and working capital with apexanalytix

Integrated Healthcare System Using a supplier portal to drive compliance, reduce fraud and improve working capital

Leading Integrated Healthcare Company, a large U.S. health system with 30,000+ employees, wanted to transform accounts payable across multiple hospitals by standardizing operations, going paper-free, improving working capital, and increasing data visibility while maintaining exceptional service. To support this goal, they turned to apexanalytix and its supplier portal solution.

apexanalytix implemented a HIPAA-compliant apexportal® with touchless supplier registration, data validation, e-invoicing, early pay discounting, self-service inquiry, and collaboration tools, plus smartvm® analytics to clean and enrich supplier records. The results included a 50% improvement in onboarding cycle time, a 49% increase in early pay discounts, a 43% reduction in check processing expenses, a 40% drop in supplier inquiries, elimination of two full-time positions, and stronger compliance, automation, and reporting across the organization.