PAYMENT RUN PROCESS
Client
Industry
Pharma
Location
UK
❝ Comidor has reduced the amount of time I spend each month chasing approvals of my orders. My orders are now approved at a much quicker rate. ❞
❝ Comidor has saved me 2 days each month automatically generating all my reports. ❞
McKesson Employees
❝ Comidor has reduced the amount of time I spend each month chasing approvals of my orders. My orders are now approved at a much quicker rate.❞
❝Comidor has saved me 2 days each month automatically generating all my reports.❞
McKesson Employees
Client Business Challenge
McKesson’s challenge was to streamline, control, ensure compliance, eradicate errors and mitigate financial risks in the payment run process. Before implementing a workflow automation solution, the company was dealing with a lack of visibility and control over the payment processes.
The Comidor Solution
|
✓ |
A smart multi-level approval workflow that allows users to upload documents related to different types of payments |
|
✓ |
Dynamic assignment based on the user preference for task approvals |
|
✓ |
Payments approved with full compliance and SOX issues addressed |
|
✓ |
Data transparency by capturing document audit details, approvers names, and approval dates and times |
|
✓ |
End-to-end visibility for all types of payment run processes |
|
✓ |
Smart emails and notifications that keep the requesters and approvers updated about pending tasks and approved or rejected payment requests |
|
✓ |
The payment run audit report gives users an overview with real-time reporting |
|
✓ |
Build time 22 days |
McKesson Corporation
The company, currently ranked 7th on the FORTUNE 500, is a global leader in healthcare supply chain management solutions, retail pharmacy, healthcare technology, community oncology and specialty care, with more than 78,000 employees.
McKesson company vision :
“To improve care in every setting – one product, one partner, one patient at a time”
McKesson Corporation
The company, currently ranked 7th on the FORTUNE 500, is a global leader in healthcare supply chain management solutions, retail pharmacy, healthcare technology, community oncology and specialty care, with more than 78,000 employees.
McKesson company vision :
“To improve care in every setting – one product, one partner, one patient at a time”
Client Business Challenge
McKesson’s challenge was to streamline, control, ensure compliance, eradicate errors and mitigate financial risks in the payment run process. Before implementing a workflow automation solution, the company was dealing with a lack of visibility and control over the payment processes.
The Comidor Solution
|
✓ |
A smart multi-level approval workflow that allows users to upload documents related to different types of payments |
|
✓ |
Dynamic assignment based on the user preference for task approvals |
|
✓ |
Payments approved with full compliance and SOX issues addressed |
|
✓ |
Data transparency by capturing document audit details, approvers names, and approval dates and times |
|
✓ |
End-to-end visibility for all types of payment run processes |
|
✓ |
Smart emails and notifications that keep the requesters and approvers updated about pending tasks and approved or rejected payment requests |
|
✓ |
The payment run audit report gives users an overview with real-time reporting |
|
✓ |
Build time 22 days |