Inworks Partners with Scan One in First Integrated AP Automation Service for Healthcare
Comprehensive invoice automation and e-payment service maximizes efficiency and cost savings
Portland, Ore, May 6, 2013
Inworks® Servicing, LLC, a Portland-based financial services company specializing specializing in cost-reduction and revenue-building strategies for healthcare systems, today announced it has partnered with Scan One, a leading provider of data capture and workflow automation services. By combining Inworks' groundbreaking payment automation technology with Scan One's invoice automation services, these companies now offer the first fully integrated AP automation program that provides healthcare institutions a comprehensive, efficient and cost effective process for electronic invoice and payment processing.
The Inworks automated payment platform, Intelligent Pay, offers healthcare systems and their suppliers the broadest choice of secure, cost-saving and efficiency-boosting payment methods. The breadth of payment methods not only allows healthcare institutions to select a system that best suits their needs, it also offers their suppliers more appealing payment options and encourages them to participate in the hospital's e-payment program. Now, with Scan One's industry-leading data capture and workflow efficiency systems, healthcare institutions have access to a completely integrated, secure automated AP service — from receipt of invoice, through payment — in addition to revenue-generating opportunities through invoice rebates.
"We're pleased to offer our healthcare clients the most effective strategy for optimizing their AP process - one that not only boosts efficiency and cuts costs, but also helps them maximize their working capital," said Inworks president and CEO Don Carlson. "With our partners at Scan One, we can now realize our goal of offering our clients a seamless, integrated system that automates and streamlines their entire AP system, from invoice coming in to payments going out."
Backed by a 35-year history of innovative technologies for e-commerce and Web-based financial services, The Intelligent Pay platform includes DirectPay, a card-based automated payment method, which provides a guaranteed lowest interchange rate and batch payment feature; TransactPay, a seller-initiated payment method and the most comprehensive single-use payment system available for healthcare AP; and Inworks Connect, a program that provides upfront payables funding and payment optimization through the Inworks private network.
Scan One's data capture services are specifically designed for AP automation and are unrivaled for accuracy and security. Their systems not only feed AP workflows, but actually help establish and create data that is perfected pre-workflow.
"We feel the Inworks business model perfectly complements Scan One's mission of providing the most accurate and efficient data capture and processing services for our customers," said Scan One president, Stan Brewer. "We’re looking forward to a very successful and innovative partnership."
Inworks Servicing, LLC
About Scan One
Scan One is a division of CorVel Corporation. Established in 1983, Scan One provides automated accounts payable services and other financial transaction services to some of the largest and most recognizable companies in the world. Scanning, data capture, and automated workflow services are delivered through Scan One's proprietary suite of products, TransAct AP, AP Capture, and AP Workflow. Together they deliver invoice capture, approvals and coding workflows.
About Inworks Servicing, LLC
Inworks Servicing, LLC is a division of CollegeNET, Inc., developer of Cloud-based administrative and accounting technology for academic healthcare institutions, hospitals, colleges and universities. Based in Portland, Oregon, Inworks Servicing is headed by successful healthcare, banking and business professionals, and is founded on more than 30 years of electronic transactions expertise. The company provides a highly secure and reliable vehicle for electronic transactions and allows hospitals and healthcare systems to maximize their working capital while building stronger relationships with their suppliers.
For more information about Inworks Servicing, LLC, please visit inworks.com.