Procure to Pay solutions

Consistently pay the right price

Vizient P2P Solutions ensures price accuracy and supply chain efficiency through expert-led processes and seamless enterprise resource planning (ERP) integration. We minimize pricing mistakes, incorrect tier levels and unconfirmed purchase orders. This helps hospitals, manufacturers, group purchasing organizations (GPOs) and distributors work together smoothly to ensure you get the savings promised by your contracts when you make a purchase.

Scale

One of the largest third-party purchasers of medical supplies in the country

Experience

Over 20 years experience

Number of facilities

3,000+ facilities representing $5B+ in eCommerce spend

Optimizing Procurement

Achieving cost savings in healthcare requires more than just price improvements. Automating procurement and ensuring price accuracy at the point of purchase can drive greater efficiency and long-term financial success.

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How the Procure-to-Pay solution from Vizient can automate hospital purchasing

The Vizient eCommerce Exchange and Transaction Management solution streamlines hospital purchasing through automation, price accuracy and cost savings. It automates purchase order processing, standardizes practices, detects price discrepancies and maximizes savings.

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eCommerce Exchange

This Procure-to-Pay solution is a proprietary e-commerce platform that automates many of the time-consuming tasks related to purchase order processing. The platform electronically connects providers with suppliers to enable a quick and simple exchange of supply-chain-related documents. With Vizient eCommerce Exchange, you’ll have direct access to national, local, custom and client business venture contracts. You’ll also benefit from three-way price matching, ensuring that the price on your purchase order matches both the vendor’s price and the contract price, providing real-time verification.

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Transaction Management

Vizient Transaction Management services allow our team of analysts to support your purchasing department by using our eCommerce Exchange platform. We help you standardize business practices, spot price discrepancies and resolve pricing issues efficiently. With this Procure-to-Pay solution, health systems can conduct electronic data interchange with any supplier regardless of their size or technical capability and receive confirmations on all purchase orders.

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Vizient Catalog Services

Vizient Catalog Services offers comprehensive maintenance to ensure clients a single point of truth for contract management. Ensuring your contract data is up-to-date and complete makes maintaining your item file easier, reduces price discrepancies and reduces false positives related to opportunity identification.

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Procurement Services

Vizient Procurement Services provides discipline and standardization with the highest possible customer service and support to optimize procurement operations.

Good data is where great supply chain begins

Streamline operations, reduce costs and make smarter purchasing decisions with Vizient’s comprehensive data management solutions. For more information on this topic or to speak with a Vizient representative, call (800) 842-5156 or email procuretopay@vizientinc.com.

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