Premier’s Supply Chain Procure to Pay Solutions
Our procure to pay (P2P) solutions are GPO and ERP-agnostic and designed to simplify and optimize your financial workflows, ensuring seamless integration across the entire supply chain.
Maximize Efficiency, Improve Cash Flow and Unlock Substantial Savings
Premier's suite of integrated P2P solutions automate the procurement process, from invoice management to payment processing, while maintaining security and compliance. Transform your financial operations with our user-friendly and scalable platform, designed to help healthcare organizations reduce manual processes, optimize Accounts Payable (AP) workflows and recover revenue.
AP Automation: Effortless Efficiency
Premier’s AP Automation Suite consolidates all your accounts payable needs into one seamless platform. Eliminate paper-based workflows and reduce inefficiencies across your financial operations. Our solution automates invoicing, payment reconciliation and supplier communication to improve accuracy, reduce operational costs and accelerate payment cycles. Premier's AP Automation Suite includes:
Digitally convert and automate invoice processing to streamline workflows and give your team back valuable time.
A centralized platform for suppliers to track invoices and payments, reducing the need for your AP team to handle inquiries.
Proactively detect and resolve potential duplicate payments before processing, ensuring accuracy and cost savings.
Conduct historical analysis to recover overpaid amounts and missed credits from suppliers.
Automate the reconciliation of supplier statements, ensuring missing credits and invoices are quickly identified and resolved.
Transform paper-based processes by securely scanning and processing mailed invoices at Premier’s national facilities.
"This type of platform has to be able to really hit the mark across the board regardless of the enterprise resource planning (ERP), the electronic health record (EHR) or the size of the organization. It has to move us significantly into the future in a much more highly automated fashion. Premier does that."
Marisa Farabaugh
Chief Supply Chain Officer, AdventHealth
"Most people view the AP department as a function within the Procure to Pay process that is necessary but unlikely to create a competitive advantage. However, a company can transform the traditional AP cost center into a cost savings driver. It can do this by employing a simple strategy that consists of analytical tools, robust processes, and a team approach to drive outstanding results.* "
George Godfrey
SVP and Chief Supply Chain Officer at Baptist Health South Florida
"For us, Remitra was a no-brainer when it came to the front-end processing of the invoices coming in from suppliers who are not EDI-capable. I feel like this really was a game-changer for us on the non-PO associated invoices too."
Cynthia Rodas
Manager of Technology, Controls and Accounts Payable, Bon Secours Mercy Health
"This type of platform has to be able to really hit the mark across the board regardless of the enterprise resource planning (ERP), the electronic health record (EHR) or the size of the organization. It has to move us significantly into the future in a much more highly automated fashion. Premier does that."
Marisa Farabaugh
Chief Supply Chain Officer, AdventHealth
"Most people view the AP department as a function within the Procure to Pay process that is necessary but unlikely to create a competitive advantage. However, a company can transform the traditional AP cost center into a cost savings driver. It can do this by employing a simple strategy that consists of analytical tools, robust processes, and a team approach to drive outstanding results.* "
George Godfrey
SVP and Chief Supply Chain Officer at Baptist Health South Florida
"For us, Remitra was a no-brainer when it came to the front-end processing of the invoices coming in from suppliers who are not EDI-capable. I feel like this really was a game-changer for us on the non-PO associated invoices too."
Cynthia Rodas
Manager of Technology, Controls and Accounts Payable, Bon Secours Mercy Health
StopFraud™: Ensuring Security Across the Entire P2P Process
Mitigate fraud risks and protect your financial data with our StopFraud™ solution, powered by Corcentric. This solution is a comprehensive validation process designed to prevent fraudulent transactions before they occur. Safeguard your organization’s financial data with our robust, 12-step validation system that ensures security and peace of mind with every transaction. Features include:
A 12-step security process that identifies and prevents fraudulent activity across all payment channels.
Real-time validation of every transaction for maximum security, minimizing risks of fraud and error.
Discover how system-finance leaders are eliminating manual AP/AR workflows and turning them into real bottom-line wins. In this on-demand panel, experts from procurement, finance and supplier relations walk through how automation drives cost savings, fewer errors and better cash flow through improved supplier partnerships.
Why Choose Premier's Procure to Pay Solutions?
Self-Service Portal
Our platform boosts operational efficiency, providing a clear return on investment and improving bottom-line results.
Generate Cost Savings and Rebate Revenue
Leverage automation to save on labor costs, reduce errors and generate additional revenue through our check-replacement program and rebate opportunities.
Easy Implementation
Our streamlined eight to 12 week setup requires only one file in and one file out for a hassle-free transition.
For provider support-related questions, please reach out to Member Support: p2pmembersupport@premierinc.com
Ready to Transform Your Financial Processes?
Learn how Premier’s Procure to Pay Solutions can streamline your financial workflows. See the solution in action with a demo today.
*Based on Premier’s Breakthroughs 2021 presentation (2021, June 15) including George Godfrey, Senior Vice President, Supply Chain, Baptist Health South Florida.)