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SAP Concur Blog·· 2022-06-29

Automating Accounts Payable to Redirect Healthcare Spend to Care

Redirect Healthcare Spend to Where It Matters Most by Automating Accounts Payable

AI Overview

The article says healthcare organizations still rely on manual processes, disconnected systems and spreadsheets for accounts payable, limiting visibility into invoices, suppliers and spending. Citing Ardent Partners' Accounts Payable 2026 report, it identifies automation, data management, real-time compliance, fraud prevention and closer AP-treasury alignment as major 2026 forces. An IOFM report found best-in-class AP teams operate at 77% lower invoice-processing costs, process more than twice as many invoices per employee, and need correction on only 7% of transactions.

Source:SAP Concur Blog · concur.com