Case Study: Oviva achieves automated billing and faster cash flow with instellix (formerly Nitrobox)

Automated billing for a fast-growing healthcare startup

Oviva, a fast-growing healthtech startup, needed to automate its financial operations to keep pace with its expansion. Their manual billing processes were creating a backlog of 4,000 invoices per month, causing late payments and placing a significant strain on the finance team. They sought a solution from instellix (formerly Nitrobox) that could quickly implement a compliant, scalable system to handle their complex invoicing requirements for health insurers and new digital business models.

The instellix platform was integrated via REST API within eight weeks, automating invoice creation, payment reconciliation, and revenue recognition. This implementation cleared the invoice backlog and reduced the time spent managing invoicing from 1.5 weeks per month to just one day. As a result, Oviva reduced its cost per invoice by up to 78%, improved cash flow, and freed its finance team to focus on more strategic projects, enabling swift further expansion into new markets.

Oviva