Overview
There was a time, not too long ago, when healthcare groups managed their internal finances through accounting software that was, for the most part, one dimensional. Most of the work was done manually, from entering transactions to making changes. As companies grew, there was a need for better technology to facilitate transactions. Large healthcare groups have moved to enterprise resource planning (ERP) platforms to handle a much broader view of their financial and operational workflows, including accounts payable handling. While these enterprise platforms aim to deliver an integrated suite that ushers in speed and seamless collaboration, many of these solutions can get bottlenecked through problems of old-tech.
