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Emmaus, PA, United States, 2011/07/20 - Greg Bartels, president and CEO of IPS, is spoken to by Ken Congdon, editor in chief of Healthcare Technology Online. Congdon's story covers digitizing and streamlining accounts payable in hospitals - HealthCareTechnologyOnline.com / AltitudeMarketing.com.
Ken Congdon, editor in chief of Healthcare Technology Online, recently wrote an article,“Digitize Healthcare AP Processes,” where he speaks to Greg Bartels, president and CEO of IPS.
Congdon’s piece covers digitizing and streamlining accounts payable in hospitals. Congdon recommends leveraging a digital mailroom solution which would allow hospitals to centrally scan invoices as they enter the facility–eliminating the long, error-prone process of manually completing invoices, then routing them electronically for approval.
Greg Bartels, president and CEO of IPS, was consulted in the article. IPS has a wealth of experience in digitizing AP systems for hospitals and health care systems.
“Through integration of digital mailroom, intelligent capture, electronic workflow, and digital repository technologies, we’ve been able to cut the cost of processing AP documents from $25 per invoice to less than $5 per invoice,” said Bartels in the article. “No matter how effectively a manual AP process may be structured, you can’t move this type of information around in an analog fashion and approach the results generated when the information is digitized.”
Founded in 1991, IPS enables clients to move from legacy, analog, document processes to innovative, 100% digital processes including document scanning, conversion, archiving and workflow with near-perfect 99.995% data accuracy. IPS skillfully combines superior technology with human intelligence, customer-specific business rules and rigorous quality control in a cloud-based environment for maximum compliance, security and ROI. Defining best practices for decades, IPS transforms daily transactions into predictable, streamlined, fully digital processes.
Numerous Fortune 500 companies rely on IPS, as do 3 of the top 5 insurance companies, 4 of the top 5 financial service companies, 3 of the top 4 advertising and media companies and 2 of the top 5 pharmaceutical companies.