Fintech in Focus | EP30
Prioritizing Automated AP for Healthcare
Accounts payable teams in the healthcare industry have faced challenges long before the COVID crisis. Many of those challenges are due to working in an outmoded, manual, paper-based payment process, and could use the benefits of automating their AP.
We spoke with Doug Seaberg, Corpay VP of Enterprise Accounts about a range of topics, including healthcare adoption of automated AP, and the unique challenges inherent in approvals, regulations, supplier relationships and more.
1:10 - Challenges facing healthcare AP teams makes them consider automation
2:23 - How covid impacted the healthcare industry
3:40 - Why healthcare industry AP teams hesitate to automate their processes
5:11 - Payment approvals in the healthcare industry
6:09 - Regulations
7:04 - Supplier relationship
7:59 - Strategic decisions on choosing an automated payments provider
9:30 - How can payment automation give healthcare organizations the flexibility to navigate change