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Description
Folio is an all-in-one procure-to-pay solution designed specifically for hospitality teams, requiring no prior training and streamlining ordering, invoice management, and supplier payments within a unified interface. Users can quickly place orders through Folio Buy, accessing a curated list of approved vendors via a sleek, user-friendly dashboard. The Folio Bills feature harnesses AI to automate invoice processing, ensuring accurate data capture, matching invoices to purchase orders, managing approval workflows, and highlighting discrepancies, which can save teams as much as 40 hours each week. Additionally, Folio Pay integrates invoices, orders, and payments, facilitating rapid and secure bill settlement while incorporating rebates directly into the platform. There is no necessity for third-party portals or self-managed systems, as suppliers and product catalogs are automatically populated during the import process. Furthermore, the onboarding process is highly efficient, enabling connections with suppliers, the setup of approval workflows, budget imports, and team member invitations to be completed in mere days rather than months, thus significantly enhancing operational efficiency.
Description
RemitraTM is a versatile, cloud-based platform that acts independently of GPOs and ERPs to enhance financial operations for healthcare systems and their suppliers. By challenging traditional methods of invoicing, payables, and data exchanges, it offers an automated solution to eliminate manual processes. This innovation accelerates payment timelines and optimizes the order-to-cash cycle through a seamless portal designed for healthcare clients. Remitra replaces outdated practices such as checks, faxes, and the manual handling of paper invoices with a fully automated, paperless system that minimizes errors and expedites supplier payments. With Remitra, healthcare providers can redirect their focus towards what truly matters: delivering quality patient care. Unlike software that only addresses fragments of the procure-to-pay (P2P) process, which can lead to disconnects and lost opportunities, Remitra is at the forefront of transformation in the industry. Additionally, it simplifies contract compliance, order entry, price validation, delivery confirmation, order reconciliation, and payment processing, all within a single integrated cloud platform that works harmoniously with your existing ERP system, ensuring a cohesive financial management experience. This comprehensive approach not only enhances efficiency but also fosters stronger relationships between healthcare providers and suppliers.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Folio
Founded
2023
Country
United States
Website
folio.co
Vendor Details
Company Name
Remitra
Country
United States
Website
remitra.com
Product Features
Procure to Pay
Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management
Procurement
Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management
Purchasing
Catalog Management
Compliance Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management
Product Features
Procure to Pay
Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management