Hybrent is now available on Sage Intacct Marketplace after announcing its cloud-based healthcare supply chain solution partnership with Sage.
Hybrent brings visibility and transparency into medical supply spend and usage. Hybrent’s complete supply chain suite including eProcurement, Inventory Management, Invoicing Integrations, and Reporting functions streamline the procure-to-pay process for healthcare organizations.
“Many Healthcare providers lack the tools or resources to effectively manage their vendors and supply costs. The status quo processes of purchasing, inventory management, and invoicing review is manual, wasteful, and still leaves organizations asking “Am I paying too much?”. Enter Hybrent: our cloud-based materials management platform that leverages automation and purchasing best practices helping providers control costs and reduce wasted time.
“As a result of Hybrent’s new seamless integration with Sage Intacct, our mutual customers will benefit from a completely automated and paperless purchasing-through-payment process. Leveraging Hybrent, accounting and finance professionals using Sage Intacct will have a complete line of sight into every transaction. The resulting outcome is a system where each PO is electronically 3-way matched, coded, and transferred to Sage Intacct by a single click.” –Micah McClelland, Vice President of Business Development.
With reimbursement rates declining and the profit margin for health systems decreasing, now is the time to take advantage of invoicing integrations and reporting for insights to make more intelligent business decisions.
Integrating Hybrent with their accounting system, such as Sage Intacct, allows our clients to automate their electronic 3-way match, know their invoice is accurate instead of assuming, and send details directly to accounting reducing late payment charges and eliminating paper workflows.
Hybrent also integrates with Practice Management Systems and Electronic Medical Records. Hybrent clients can integrate with both accounting and medical record systems for a system-wide streamlined workflow and more efficient processes.
“As I sit back and think about how we were scrambling to stay on top of purchasing and inventory issues using very dated, very manual processes, I can’t help but smile at the number of man-hours we are saving. My department managers are more productive, our costs are decreasing, and I am able to rest assured that things are no longer slipping through the cracks.” –Rebecca, RidgeView Dermatology, Hybrent Client
“Many healthcare organizations are growing rapidly. As these organizations try to achieve scale, it can be challenging to keep financial processes running smoothly—especially across multiple locations. Sage Intacct healthcare accounting software enables these firms to automate for greater efficiency, plus provides the visibility they need to make operational improvements. Working closely with companies like Hybrent, who can extend this automation even further, our joint customers benefit from expanded time savings, improved accuracy, and the ability to accommodate further growth without adding staff.” — Eileen Wiens, VP of Business Development, Sage Intacct
Hybrent is a healthcare supply chain technology company transforming the way medical organizations order supplies, manage inventory and control overall supply spend. It’s modern, modular and adaptable cloud-based materials management software suite makes automating the “procure-to-pay” process simple and attainable. Hybrent believes every care providing organization deserves to recover time and save money through greater control and visibility of spend. The Hybrent team is passionate about supporting our partners in their mission to increase operational efficiencies, streamline workflows, and lower costs bringing the focus back to patient care.