Premier's Procure to Pay Solutions for Suppliers
Premier's procure to pay (P2P) platform simplifies how suppliers manage payments and invoices. Automate reconciliation, track invoices in real time and collaborate seamlessly with health systems saving time and reducing errors.
A Smarter Way for Suppliers to Manage Invoices and Payments
With Premier's integrated P2P platform, suppliers can automate invoicing, track payments in real time and reduce costly manual work. Eliminate paper invoices, speed up remittance and gain full visibility into payment status—all while improving accuracy, compliance and business growth potential.
Accelerate Cash Flow with Accounts Receivable (AR) Automation
Integrating Premier’s AR Automation Suite into your operations can significantly enhance cash flow management. Our comprehensive solution is designed to streamline the order-to-cash process, reduce Days Sales Outstanding (DSO) and improve overall financial efficiency.
By adopting Premier’s AR Automation Suite, healthcare suppliers can unlock free cash flow and ease the labor burdens of accounts receivable, leading to a more efficient and profitable operation.
Receive guaranteed on-time or advance term payments to increase cash control and forecasting.
Aggregate transactions across multiple buyer accounts, eliminating the need for collections and reducing exceptions.
Automate processes to eliminate credit risk and significantly reduce the possibility of exceptions.
Remove manual burdens associated with collections and exception handling, allowing staff to focus on more meaningful tasks.
"When it comes to transacting and doing business, healthcare is so far behind other industries, it's incredible. We need to get to the place where retail is today. What's going to get us there is an automated platform like Remitra. When providers and suppliers can conduct business on a common platform designed to solve the billions of price discrepancies that bottleneck the healthcare supply chain every year, we will have revolutionized the way we work together*."
Marian Favors
Executive Director, Customer Support Operations KARL STORZ Endoscopy-America Inc.
"When it comes to transacting and doing business, healthcare is so far behind other industries, it's incredible. We need to get to the place where retail is today. What's going to get us there is an automated platform like Remitra. When providers and suppliers can conduct business on a common platform designed to solve the billions of price discrepancies that bottleneck the healthcare supply chain every year, we will have revolutionized the way we work together*."
Marian Favors
Executive Director, Customer Support Operations KARL STORZ Endoscopy-America Inc.
"When it comes to transacting and doing business, healthcare is so far behind other industries, it's incredible. We need to get to the place where retail is today. What's going to get us there is an automated platform like Remitra. When providers and suppliers can conduct business on a common platform designed to solve the billions of price discrepancies that bottleneck the healthcare supply chain every year, we will have revolutionized the way we work together*."
Marian Favors
Executive Director, Customer Support Operations KARL STORZ Endoscopy-America Inc.
"When it comes to transacting and doing business, healthcare is so far behind other industries, it's incredible. We need to get to the place where retail is today. What's going to get us there is an automated platform like Remitra. When providers and suppliers can conduct business on a common platform designed to solve the billions of price discrepancies that bottleneck the healthcare supply chain every year, we will have revolutionized the way we work together*."
Marian Favors
Executive Director, Customer Support Operations KARL STORZ Endoscopy-America Inc.
"When it comes to transacting and doing business, healthcare is so far behind other industries, it's incredible. We need to get to the place where retail is today. What's going to get us there is an automated platform like Remitra. When providers and suppliers can conduct business on a common platform designed to solve the billions of price discrepancies that bottleneck the healthcare supply chain every year, we will have revolutionized the way we work together*."
Marian Favors
Executive Director, Customer Support Operations KARL STORZ Endoscopy-America Inc.
"When it comes to transacting and doing business, healthcare is so far behind other industries, it's incredible. We need to get to the place where retail is today. What's going to get us there is an automated platform like Remitra. When providers and suppliers can conduct business on a common platform designed to solve the billions of price discrepancies that bottleneck the healthcare supply chain every year, we will have revolutionized the way we work together*."
Marian Favors
Executive Director, Customer Support Operations KARL STORZ Endoscopy-America Inc.
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.
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.
For supplier support-related questions, please reach out to p2psuppliersupport@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.
*Source cited: https://premierinc.com/newsroom/blog/sweet-savings-the-cost-benefits-of-ar-automation-for-healthcare-suppliers