Gain Complete Control into the Purchasing Process with our Intuitive Procurement Software

With increasing costs and ever-changing rules and regulations, it has become difficult for healthcare providers to adjust to the growing economic times. Labor turned to be the largest cost for hospitals, followed by the cost of supplies. Hospitals realized that improving the procurement process would result in huge cost savings and better patient experience.

PRM360's procurement solution allows hospitals to monitor the cost of supplies and services while simplifying the procure-to-pay processes. From costly equipments to mission-critical devices, PRM360 allow hospitals to source and procure goods using easy-to-use tools and technology. In addition, the solution can be easily integrated with existing financial systems. Our procurement solution eliminates time-consuming tasks while cutting costs and improving vendor experience.

How PRM360

Helps hospitals in procurement?

  • Improved Speed and Accuracy

    Allows everyone to access the critical supplier information anytime, anywhere and from any device.

  • Increased Operational Efficiency

    The solution streamlines inventory, boosts supplier bidding and increase operational efficiency while offering you guided purchasing experience.

  • Budget Management

    Get the best pricing by sourcing from multiple suppliers and reduce maverick spending by realizing savings opportunities.

  • Benefits

    • Effectively manage bidding, and vendor sourcing methods and pre-qualification mechanisms
    • Key stakeholders can access the secured data anytime
    • Audit trails to monitor supplier participation
    • Quick integration with multiple ERP systems
    • Valuable insights into the actionable data

Approval Workflows

Not having proper approval workflow will make the process time-consuming and tedious. A robust approval workflow is highly required to make the procurement process fast and effective. PRM360 offers a centralized platform wherein purchasers and suppliers can raise various purchases and spend requests. The solution allows you to customize the approval workflows as per your business requirements and enables you to configure delegate approvals and change spend limits.

Also, you can track the requests, see the requisition stage in the approval process and reroute approvals to others when required. Approval workflows can be configured by role, department or location. Automating approval workflows ensure that processes can be completed and customers get what they need on time, giving you greater insight into the spend process.

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for your Procurement Process?

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