| Merchants! Experience the benefits of full e-commerce and completely automated Accounts Receivable Make your business process more efficient from promotion and sales to payment As an ORMED X Easy Pay merchant, you have full access to all services on the secure ORMED X B2B portal.
POs and payments are pre-reconciled before the goods even ship to reduce invoice reconciliation and payment delays. Send, receive, and edit unlimited electronic POs and, like all ORMED X services you receive, your only fee is your reduced merchant rate for accepting Visa transactions.
Catalog Management Your catalog items are easy to find and easy to buy... accessible to thousands of healthcare providers and buyers in Ormed's Requisitioning and Purchasing software. This allows buyers and product users alike to browse your catalog, drag and drop items directly into requisitions and POs -- and even add you to their merchant file if they have not purchased from you before.
As an Ormed merchant, you can decide who transacts with you... and under what terms. You can consolidate customer information in one easy-to-update place, and effortlessly establish price brackets, manage access to catalogs and prices, set buying limits, and monitor demand to better inform future decision-making and marketing campaigns.
Banner Advertising Build your brand, promote your benefits and features, introduce new and existing products, and advertise to attract new customers. Plus, you'll gain the benefit of top-of-mind awareness that comes from frequently getting your company and products in front of a target audience ready to buy.
Electronic Contracting The natural evolution of the elctronic tender is to use ORMED X electronic contracting to lock-in transaction details for future transactions. It's also the best way to secure long-term business and clean up ongoing POs, invoices, and payments. ORMED X allows you to easily convert tender documents into contracts that lock-in long-term prices and commitments and effortlessly upload to ORMED X the pertinent details (e.g., pricing) for each individual client relationships. ORMED X contracting tools automatically verify each order as it passes through the exchange, keeping your transaction data clean from PO to payment. Buyers can automatically enforce compliance to existing contracts, prevent maverick spending, and put more items on contract, helping you plan and manage demand and increasing sales volumes. And, as with all ORMED X information, everything is secure, so your privacy is guaranteed.
ERP System Integration One of the cornerstones of ORMED X and the ORMED X Easy Pay system is the single electronic document everyone shares from source to settlement. Information is entered once, then shared and updated by all authorized stakeholders, taking each e-commerce transaction requisition and tender all the way to payment. ORMED X gives you the option of accessing services through your Internet browser, or you can integrate ORMED X directly to your internal ERP system to access and edit ORMED X orders. With the entire business process automated and integrated, manual data entry sharply declines, the potential for errors is drastically reduced, and reconciliation and collections costs become a thing of the past.
Electronic Reconciliation and Payment Using Ormed's purchasing and payment systems, you do not need to worry about such things as invoice entry, coding, and reconciliation. All of this is electronically completed and confirmed before payment is made, reducing errors, time, and work for your Accounts Receivable staff. Automated accounting and integrated e-commerce let you reconcile the transaction before the goods ship. Electronic adjustments automaticlaly update the PO throughout the spend transaction, speeding payment and reducing workload by eliminating manual invoice coding, reconciliation, and payment. Accurate and immediate payment of ORMED X Easy Pay merchants (via Scotiabank's Visa* Commercial Card platform) is completed upon receipt of goods and the electronic matching of the PO, receiving, and invoice. Paper invoices and statements, interest, payment delays, collection costs, and carrying costs that typically increase cost-of-sale are completely eliminated. Enrollment is fast and easy. Sign up today and make all purchasing transactions e-commerce transactions – with all the bells and whistles you’d expect from a full e-commerce solution. (If your organization
also buys supplies and equipment, click here
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ORMED X is at the heart of the ORMED X Easy Pay system
Experience the dynamic power of a supply chain seamlessly integrated from source to settlement:
Ormed Materials Management
Ormed Accounts Payable |
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