How much are your internal processes, or lack thereof, costing your health system? 

Procure to Pay Process and Value Stream Mapping with TAG IncFor the average health system, that number is in the millions each year stemming from errors, process gaps, and lack of controls in the procure to pay (P2P) process alone.

There are hundreds of steps in the P2P process spanning several departments, often in disparate systems. From the moment a contract is uploaded into your system, to the moment a payment is made, hundreds of touchpoints, both human and automated, leave funds leaking through the cracks. 

Internal Audit has the ability to drastically end leaked funds by partnering with us to review your health system’s contract and spend data coupled with a procure to pay process map. This critical combination visually provides Internal Audit, Finance, and Supply Chain areas causing duplicate work, leaking funds, and even overlooked tasks that are not being performed at all.

Our 35+ years spent exclusively in healthcare’s P2P space, your knowledge of your organization, and your data can provide cost, time, and resource-saving opportunities.

 

Internal Audit can Help their Health System Avoid Losses, Fees, Fines, and Penalties Associated With...

Optimizing Internal Controls in Your Health System’s Procure to Pay Processes
PROCESS INEFFICIENCIES
Optimizing Internal Controls in Your Health System’s Procure to Pay Processes
NON-COMPLIANT PROCEDURES
Optimizing Internal Controls in Your Health System’s Procure to Pay Processes
TRANSACTIONAL ERRORS
Optimizing Internal Controls in Your Health System’s Procure to Pay Processes
IMPROPER INTERNAL REGULATIONS

Don’t miss out on the opportunities to improve your processes and place the proper internal controls in place. Reach out through this form now! 

 

Request More Information to Take Control of your Internal Processes