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Complications in Medical Revenue Process Open the Door For Business Process Outsourcing
… business process outsourcing can come in. Providers receive payments and explanations of benefits in a variety of forms, … process outsourcing.BPO companies can match the claims, payments, and explanations of benefits instantly, whether …
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Firm Lowers Costs by Outsourcing Remittance Operations
… Exela processes an annual volume of more than 30MM payments for the firm. Outsourcing its remittance … Payment post accuracy (99%); timeliness; duplicate payments; exceptions; decisions processing errors; misposts …
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Manufacturing Company Goes Paperless
… of the customer’s existing SAP ERP platform, invoices and payments were processed manually. Under this inefficient … invoices on a single screen, which made it easy to track payments by vendor ID, invoice dates, amounts, clearing …
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The ‘Experience First’ Future of Banking: 3 Ways Digital Transformation Helps Banks Create a Customer-Centric Model
… look for drastically different offerings – peer-to-peer payments, robo-advisory platforms, digital wallets, … end. Other key digital trends for banks include mobile payments, services on multiple device types, automated …
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3 Ways Leveraging a Tech-Based Partnership Streamlines Internal Processes to Reduce Costs & Increase Efficiency
… manages the capture, processing, research and archival of payments, invoices, and other related documents. These …
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Why Data Analytics Can Manage Healthcare Administrative Waste
… if a provider sees one payer takes months to submit payments for appendectomies while another takes only a few … and money burying themselves in paperwork and chasing after payments,” notes Yannamani. To eliminate the waste, …
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Alabama’s Department of Revenue Makes Taxpayers Happy with New, Automated Process
… take more than 14 days for customers to receive refund payments. Due to the sensitive nature of information, and …
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Solutions and Services for Banking and Financial Institutions
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