What are the main challenges medical suppliers face with customer AP portals?

AP portals create major inefficiencies for medical suppliers. Each customer may mandate a different portal, forcing accounts receivable teams to manually key in invoices across dozens of unique systems. This process is slow, prone to human error, and leads to payment delays, high overhead costs, and poor staff morale.

How does intelligent automation solve AP portal invoicing issues?

Intelligent automation, like Billtrust’s Invoicing solution, eliminates manual data entry. It acts as a central platform that automatically reformats and delivers invoices to over 260 different AP portals according to each one’s unique requirements. This ensures invoices are submitted correctly and on time, reducing errors and accelerating the payment cycle.

What is the benefit of using an integrated AR platform?

An integrated platform connects invoicing with collections, payments, and cash application. This creates a single source of truth, preventing issues like a collections team pursuing an invoice that has already been approved for payment in a portal. It streamlines dispute resolution, accelerates payments with embedded links, and automates cash application for end-to-end efficiency.

How does Billtrust's solution differ from manual processes or point solutions?

Unlike manual entry, which is unsustainable, or single-point solutions that lack deep integration, Billtrust provides a fully managed service built on decades of financial expertise and data from the industry’s largest buyer-supplier network. Our collaborative AI agents work across the entire order-to-cash cycle, offering predictive insights, proactive risk management, and holistic automation that other approaches cannot replicate.

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Össur drives efficiency, transforming AR globally in just 6 months

Ontdek hoe wereldleider in orthopedie Össur de efficiëntie van accounts receivable verbeterde met Billtrust.

50 jaar

orthopedische ervaring

4000

wereldwijde medewerkers

Klantverhaal

Ambu saves nearly $600,000 in card processing fees

Medical equipment manufacturer maximizes card discounts and positions for growth while remaining headcount neutral.

865 uur

besparing van handmatige verwerkingstijd

96%

Level 2/3 bereikt, wat neerkomt op bijna $ 600,000 aan besparingen

Klantverhaal

Natus Medical saves 1600+ hours annually on virtual cards

Leverancier van medische apparatuur elimineert handmatige processen met automatische verwerking van virtuele kaarten

~140 uur

maandelijkse besparing op handmatig werk

60%

toename van virtuele kaartbetalingen in drie jaar

Klantverhaal

Medical research lab reduces manual AR processing times by 90%

Medisch onderzoeksbureau breidt activiteiten uit en realiseert besparingen met de automatisering van virtuele creditcards van Billtrust Digital Lockbox.

$8miljoen

in betalingen die maandelijks automatisch worden verwerkt via Billtrust Digital Lockbox

800+

betalingen maandelijks geautomatiseerd via Billtrust Digital Lockbox