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Author Archives: Brad_Josephson
As you might have already heard, PayStream Advisors is co-hosting a virtual Order-to-Cash conference on February 13, 2013 to share best practices and latest industry trends on how to accelerate revenue cycles, optimize cash flow, and enhance customer relationships within the Order-to-Cash … Continue reading
Simply put, automating an AP department is no easy task. It takes planning and vision, organizational alignment, buy-in from senior management and leadership, and a thorough understanding of the increasing number of technology options available in today’s marketplace.
Talk about taking the bull by the horns. Just four years ago, American Red Cross had a relatively low spend volume of $17.5M on their P-card. Senior Director Michael Harris has overseen their payment strategy and fueled it up to … Continue reading
The Procure to Pay structure is becoming more and more embraced in the healthcare industry. Leading healthcare organizations such as Fairview Health Services, UPMC, and Mayo Clinic have all made strategic organizational decisions to merge the traditionally disparate functions of … Continue reading
Each year, we strive to put together an agenda that truly reflects “what’s now” in the world of accounts payable and financial automation. We want to know what the leaders are doing and hear from them directly to share those … Continue reading
Dynamic discounting had everyone buzzing at PayStream Summit 2011 and it’s easy to understand why. The huge savings opportunity for Accounts Payable (sometimes in the millions of dollars) is difficult to ignore. Whether you call it dynamic discounting or discount … Continue reading
While many industries have already entered the electronic payment era, healthcare is just now opening the door to peek inside. Connecting payers and providers might be the method to knock it down.
Well, we couldn’t choose just one. We were so impressed with the caliber of this year’s nominees that we handed out the hardware to three healthcare organizations. The awards were voted upon by our Advisory Board and chosen based on … Continue reading
Doing more with less – a situation healthcare systems often find themselves in these days.
What’s the result of integrating an Amazon-like search tool into the supply chain system of a major healthcare organization?
PayStream Advisors is pleased to announce Susan DeVore, President and CEO of Premier, Inc. as the keynote speaker for PayStream’s Healthcare Summit.
Mohawk Industries offers an award-winning success story in electronic invoicing. Recipients of the Excellence Award in Electronic Invoicing at the 2010 PayStream ePayables Summit in Charlotte, Mohawk implemented eInvoicing in 2005.
Southwest Airlines was in need of a new flight plan to overhaul their AP invoice process. Long, inefficient processing and duplicate invoices were the catalyst for a new program. Although they encountered some turbulence along the way, the impact on … Continue reading
The changing dynamics in the payments industry led PayStream Advisors to believe there were new product opportunities for banks and solution providers in the B2B market. Recently released research proves they were right.
Southwest Airlines had a long-running legacy process to handle their invoices. Their mainframe, which inconveniently consisted of several departments, dated back to 1986 and was to blame for their 14-day invoice processing system.