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
Time reduced from 12 minutes
to 2 minutes
Time to generate report
reduced from 1 day to 5 minutes
Feb-19
Go-live
Cases
Employee Relations
2,050
Order Authorisation
Payment Runs
Ad-hoc approvals
Aug-19
Sep-19
Nov-19
150
1,540
560
Process
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 |