Case Study

Account Management

Account Management

Pages 2 Pages

CHALLENGES • Streamline A/P process for seven hospital pharmacies. • Minimize causes of late payment fees. • Increase pharmacy buyer efficiency. SOLUTION Migrate pharmacy payables process from paper-based to Web-based, using McKesson’s Supply Management Online, to shorten payment cycle times and more effi- ciently manage A/P activity. RESULTS • Avoidance of over $12,000 in late payment fees in the first year. • Faster invoice approval resulting in cost-of-goods savings rate of $100,000 annually. • Significant reduction of A/P rework by pharmacy staff. • Accounts Payable staff labor savings of 20 hours a month. ST. LUKE’S REGIONAL MEDICAL CENTER BOISE, IDAHO McKesson Health Systems Transform Your Manual A/P Process Online Approval of Invoices for Payment Customer Profile Founded

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