We are looking forward to the AHCA/NCAL 68th Annual Convention. We'll join partners at Prime Care Technologies in Booth #725. We invite you to take advantage of these THREE excellent educational opportunities, available during the show:
Procurement Parnters invites you to join a 2-day virtual tradeshow, sponsored by our IT partner, Prime Care Technologies.
Procurement Partners, a leading provider of e-commerce solutions for the post-acute and senior living markets, today announced that it has been selected by Commonwealth Senior Living, Charlottesville, Va., for its comprehensive supply chain purchasing and automation solution. Commonwealth operates independent, assisted living and memory care in 23 Virginia communities.
Procurement automation has opened the door to opportunities not only to reduce costs, but to improve efficiency and to ensure quality consistency. Think of it this way, as the one responsible for your company’s purchasing practices, you have a lot on your plate. It’s one thing to negotiate purchasing contracts with vendors for all your food, medical supplies, office supplies, housekeeping supplies, and other supplies purchases. It’s another to make sure that those of your organization who place the orders actually receive the benefits from all your hard work. This is where Order Guide Management (OGM) comes in. In short, OGM is the ability to control which products your users have access to according to the terms negotiated.
I would like to introduce Rand Johnson as the author of this, our latest blog. With over 33 years in Long Term Care serving in such roles as administrator in facilities ranging in size from 35 beds to 388 beds, consultant, Senior Vice President of a prestigious LTC-focused reimbursement consulting firm, and Marketing Director for Prime Care Technologies, Rand contributes a broad as well as deep perspective to our team of bloggers. In today’s blog, Rand focuses on how automated invoice processing saves time and money. While he addresses LTC in particular, the content can readily apply to any business.
B2B e-Commerce or e-Procurement is here to stay. Vendors and buyers alike who leverage the power of e-Procurement receive numerous benefits including, among others:
With prices rising, it may be time to take a closer look at procurement. For many businesses, the procurement process represents a valuable opportunity to save money and reallocate resources. In a recent Bain & Company executive survey, more than half of the respondents said cost pressures constrain their ability to make strategic investments. Considering that procured costs can represent 25 to 60 percent of a company’s total costs, it’s well worth examining how this process could be managed more effectively.