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Fintech in Focus | EP30

Prioritizing Automated AP for Healthcare

CalendarSeptember 15, 2022
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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.

Timestamps

  • 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

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