Catholic Health Initiatives (CHI), a non-profit, faith-based health system located in Englewood, Colorado, has selected Basware’s accounts payable automation and e-invoicing solutions to efficiently process the more than two million invoices it receives annually.
Basware’s automated system is expected to speed up invoice processing, provide visibility and reduce costs for CHI.
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CHI will implement key services provided within the Basware accounts payable automation and e-invoicing services offerings in all its facilities across the US.
The services to be delivered include invoice automation with matching capabilities, data analytics, mobile technology, a supplier portal, and e-invoicing receiving solutions.
Basware accounts payable automation will be implemented through SaaS on Basware Alusta, a unified cloud-based platform for purchase to pay.
Additionally, CHI will conduct e-invoicing over the Basware commerce network, which enables buyers and sellers to transmit e-invoices in real-time across the world.
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By GlobalDataTo maximise the cost-savings and advantages of e-invoicing for the company as well as its trading partners, Basware will help CHI to onboard its suppliers to the Basware commerce network.
Basware vice president of sales North America Michael Cassano said the company is pleased to provide solutions that will help CHI increase visibility and control of accounts payable processes and improve working capital management.
"By enhancing its processes and gaining efficiencies, the organisation also will increase accuracy and mobility and realise cost savings, as well as gain insight into actionable purchase-to-pay data," Cassano added.
Catholic Health Initiatives operates in 18 states and comprises 87 hospitals, including four academic medical centres and teaching hospitals and 24 critical-access facilities; community health-services organisations; accredited nursing colleges; home-health agencies; and other facilities that span the inpatient and outpatient continuum of care.
Image: Catholic Health Initiatives headquarters in Englewood, Colorado. Photo courtesy of Jordangruener.
