AI-Powered Collections: Introducing Agentic Procedures
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Industry: Medical

a pharmacist writing notes on a pad while performing inventory on a shelf filled with varied medications
The silhouette of a man with a thought bubble
a pharmacist writing notes on a pad while performing inventory on a shelf filled with varied medications
a pharmacist writing notes on a pad while performing inventory on a shelf filled with varied medications
a pharmacist writing notes on a pad while performing inventory on a shelf filled with varied medications
a pharmacist writing notes on a pad while performing inventory on a shelf filled with varied medications
a pharmacist writing notes on a pad while performing inventory on a shelf filled with varied medications
a pharmacist writing notes on a pad while performing inventory on a shelf filled with varied medications
a pharmacist writing notes on a pad while performing inventory on a shelf filled with varied medications
a pharmacist writing notes on a pad while performing inventory on a shelf filled with varied medications
a pharmacist writing notes on a pad while performing inventory on a shelf filled with varied medications
a pharmacist writing notes on a pad while performing inventory on a shelf filled with varied medications
Case Study

Medical supplier automates payments and saves $2.2M in annual fees

Healthcare distributor drives savings and efficiency for processing virtual card payments.

$2.2M
saved in annual fees
$219M
in payments automated through Billtrust Digital Lockbox in 2020
accounts-receivable-outstanding-what-is-outstanding-ar-dm-bl54-1-768x576-3.png
The silhouette of a man with a thought bubble
Blog

Accounts receivable outstanding: Meaning, reducing outstanding AR & more
Graphic depicting FedNow: A game changing payments rail
The silhouette of a man with a thought bubble
Graphic depicting FedNow: A game changing payments rail
Graphic depicting FedNow: A game changing payments rail
Graphic depicting FedNow: A game changing payments rail
Graphic depicting FedNow: A game changing payments rail
Graphic depicting FedNow: A game changing payments rail
Graphic depicting FedNow: A game changing payments rail
Graphic depicting FedNow: A game changing payments rail
Graphic depicting FedNow: A game changing payments rail
Graphic depicting FedNow: A game changing payments rail
Graphic depicting FedNow: A game changing payments rail
Blog

Instant payments: Control costs and accelerate cash flow in real-time

Consumers have embraced faster payments, but businesses are lagging. Why should you care? Faster and instant payments knock out pain points for billers and payers.
A group of people collaborate at a table, smiling and working on laptops and tablets
The silhouette of a man with a thought bubble
A group of people collaborate at a table, smiling and working on laptops and tablets
A group of people collaborate at a table, smiling and working on laptops and tablets
A group of people collaborate at a table, smiling and working on laptops and tablets
A group of people collaborate at a table, smiling and working on laptops and tablets
A group of people collaborate at a table, smiling and working on laptops and tablets
A group of people collaborate at a table, smiling and working on laptops and tablets
A group of people collaborate at a table, smiling and working on laptops and tablets
A group of people collaborate at a table, smiling and working on laptops and tablets
A group of people collaborate at a table, smiling and working on laptops and tablets
A group of people collaborate at a table, smiling and working on laptops and tablets
Blog

What type of professional training do collection agents need?

Collection agents will benefit from continuing education and training.
person working in computer
The silhouette of a man with a thought bubble
person working in computer
person working in computer
person working in computer
person working in computer
person working in computer
person working in computer
person working in computer
person working in computer
person working in computer
person working in computer
Case Study

OMEGA digitizes 50% of invoices, cuts out 200 hours of data entry

Manufacturer finds new efficiencies with invoicing portal.

50%
increase in ePresentment
4-hour
reduction in EDI invoice keying
man and woman in lab coats look through shelves of medical supplies
The silhouette of a man with a thought bubble
man and woman in lab coats look through shelves of medical supplies
man and woman in lab coats look through shelves of medical supplies
man and woman in lab coats look through shelves of medical supplies
man and woman in lab coats look through shelves of medical supplies
man and woman in lab coats look through shelves of medical supplies
man and woman in lab coats look through shelves of medical supplies
man and woman in lab coats look through shelves of medical supplies
man and woman in lab coats look through shelves of medical supplies
man and woman in lab coats look through shelves of medical supplies
man and woman in lab coats look through shelves of medical supplies
Case Study

Anda saves $110,000 annually in payment costs

Pharma distributor saves $110,000 annually in payment costs. See the results.

$110K
annual savings
2.1%
card processing rate, down from 2.9%
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