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Author Archives: Brad_Josephson
Calling all Order-to-Cash Leaders
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
Posted in B2B Credit and Collections, Uncategorized
Tagged accounts receivable, billing, Collections, credit, Order-to-cash
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Understanding the Game of AP Automation
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.
Fueling up the P-card at American Red Cross
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
Posted in Purchase to Payment
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Procure to Pay 2.0? Mayo Clinic’s Truly Integrated Model
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
Posted in Purchase to Payment
Tagged healthcare, Mayo Clinic, payables, PayStream Summit 2012, procure to pay, purchasing
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PayStream Summit Agenda: Coca Cola Bottling and ROi (Mercy) Lead the Way
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
Posted in Purchase to Payment, Voices
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Eli Lilly Has a Story to Tell at PayStream Summit in September
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
Posted in Purchase to Payment
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The New Era in Healthcare Payments: Joining Payers with Providers
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.
And the PayStream Healthcare Summit Excellence Award Goes to…
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
Building a Climate for Change at Memorial Hermann
Doing more with less – a situation healthcare systems often find themselves in these days.
For Healthcare, From Healthcare: The e-Marketplace Solution at UPMC
What’s the result of integrating an Amazon-like search tool into the supply chain system of a major healthcare organization?
Premier’s Susan DeVore to Present Keynote Session at PayStream’s Healthcare Summit
PayStream Advisors is pleased to announce Susan DeVore, President and CEO of Premier, Inc. as the keynote speaker for PayStream’s Healthcare Summit.
Gold Medal in eInvoicing: How Mohawk Eliminated Paper Invoices
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.
Posted in Voices
Tagged e-invoicing, electronic invoicing, ePayables Summit, gold medal, Mohawk Industries
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A New Flight Plan: Insights from Southwest Airlines’ Total AP Overhaul
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
Posted in Voices
Tagged AP invoice, AP Overhaul, legacy process, PayStream ePayable Summit, Southwest Airlines
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ePayments Explosion: How to exploit the surging demand for B2B ePayment Solutions
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.
Posted in Voices
Tagged ACH, ACH payments, B2B payments, ePayments Explosion, PayStream
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A New Flight Plan: Insights from Southwest Airlines’ Total AP Overhaul
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.
Posted in Voices
Tagged AP Overhaul, invoice processing system, PayStream Summit, Southwest Airlines’
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