Healthcare is an industry known for its complexity. Healthcare revenue is hard to track, due to cash flow from various sides including providers to patients, insurance companies, and government officials, making it hard for a healthcare facility to track the revenue and the amount settled to patients.
What if we say you don’t have to sit through verifying a huge amount of data? Yes, it’s possible. All you have to do is partner with Droidal, and we’ll make the process hassle-free.
We are a leading accounts payable automation company. We aim to help healthcare facilities automate every process in a healthcare facility. We have various automation solutions like prior authorization automation, appointment scheduling, patient access automation, payment posting automation, and much more!
Here’s How We Can Help You With Accounts Payable Process
As mentioned above, accounts payable is a complicated process that involves a lot of data from various sides.
At Droidal, we implement RPA bots to assist you throughout the process. RPA is nothing but designing, creating, and deploying software bots to automate the process that involves a lot of data. Here’s how our Accounts Payable Automation helps you throughout the process.
Invoice Inspection And Review
The first step involved in accounts payable automation is to identify the invoices generated by different payers by going through the data collected. It would take days and even weeks for a person to go through the whole data. Our RPA bots simplify the process by extracting the data for you to inspect. After inspection, all you have to do is push a button. Our RPA bots will identify and print separate details for vendors, insurance companies, pharmacies, government organizations, etc.
Data Verification
In manual data verification, many employees have to check the data and verify it. But when you opt for our accounts payable automation process, Our RPA bots will verify the data for you before entering it. This reduces the potential for errors in the acquired data.
Payment Approvals
The next step in accounts payable is to send the payments to the accounts in the data. But before that, you have to check all the data before sending the payments. Our RPA Bots can automatically check the details of different entities and approve payments without any delays.
How You Benefit By Implementing Our RPA Bots
Efficiency And Time Save
The first thing you get by opting for automation is saving time and increasing efficiency. A study says it would take 45 days to complete the manual accounts payable process. With Droidal’s bot, you can complete it within 4 to 5 days.
RPA bots are known for their perfection when it comes to extracting and verifying data. Another important benefit is, it improves the efficiency a lot than that of a manual process. RPA bots rarely make errors, so there’s no need for cross-checking the details.
Reduces Human Effort
In the manual accounts payable process, a lot of human effort is required. It stops employees from doing other important jobs, and they have to go through a lot of data, which is a tiring job. The RPA bots reduce human effort by sorting out different data.
AI and automation are revolutionizing the way industries operate around the globe. Implementing Accounts Payable automation will help you handle the revenue generated for your healthcare facility and help you in serving your customers efficiently.
