Return on Investment
Computing actual return on any investment within healthcare is a formidable task. Facilities often spend un-told dollars prior to implementation of a program or service, only to find out later that the venture failed to meet expectations. This is even more challenging with multiple IT systems.
As a Purchase Commander user, your facility will be able to quantify direct benefits from the use of our software platform. Savings will vary by institution depending on the number and mix of suppliers, use of the system by Materials Management and overall monitoring and reporting of process transactions. Some savings can be significant, such as the 100% capture and payment of all rebates for which the facility is entitled to receive and no vendor mark-ups on purchases.
Based on cross-industry experience with the platform launched in over 700 facilities nationwide to date, use of this web-based tool has achieved the following:
8-11% Cost of Goods Savings
5-15% Process Cost Savings
13-26% Gross Savings
