Healthcare

Source supplies, equipment, and services while maintaining strict compliance standards

Lasso procurement software tailored for the healthcare industry addresses the critical needs of sourcing medical supplies, equipment, and services while ensuring compliance, patient safety, and operational efficiency.

Regulatory Compliance:
Embed strict standards (e.g., HIPAA, FDA, Joint Commission) into procurement workflows, ensuring medical supplies, pharmaceuticals, and equipment meet safety and legal requirements. Digital records simplify audits.

Timely Availability of Supplies:
Coordinate procurement of critical items—like PPE, medications, or surgical tools—with patient care schedules, ensuring no shortages disrupt treatments or procedures.

Cost Control:
Monitor spending on high-cost items—like imaging machines, implants, or drugs—against budgets. Analytics identify savings opportunities, such as bulk discounts or generic alternatives, without compromising quality.

Supplier Reliability:
Track vendors for delivery reliability, product quality, and compliance (e.g., sterile goods certification), ensuring a steady supply chain for essential healthcare needs.

Enhanced Traceability:
Maintain detailed records of sourced items—lot numbers, expiration dates, and supplier origins—for rapid recalls or quality assurance, critical for patient safety and regulatory adherence.

Quality Assurance:
Integrate specifications for medical-grade products into orders (e.g., sterilization standards, dosage accuracy), ensuring procured items meet clinical requirements.

Support for Patient Care:
Streamline procurement of specialized items—like prosthetics or diagnostic kits—freeing up healthcare staff to focus on patients rather than administrative delays.

Data Security:
Protect sensitive procurement data—like patient-related purchases or supplier contracts—with robust permissions and encryption, critical in a privacy-focused industry.

Get started with lasso!

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Healthcare

Source supplies, equipment, and services while maintaining strict compliance standards

Lasso procurement software tailored for the healthcare industry addresses the critical needs of sourcing medical supplies, equipment, and services while ensuring compliance, patient safety, and operational efficiency.

Regulatory Compliance:
Embed strict standards (e.g., HIPAA, FDA, Joint Commission) into procurement workflows, ensuring medical supplies, pharmaceuticals, and equipment meet safety and legal requirements. Digital records simplify audits.

Timely Availability of Supplies:
Coordinate procurement of critical items—like PPE, medications, or surgical tools—with patient care schedules, ensuring no shortages disrupt treatments or procedures.

Cost Control:
Monitor spending on high-cost items—like imaging machines, implants, or drugs—against budgets. Analytics identify savings opportunities, such as bulk discounts or generic alternatives, without compromising quality.

Supplier Reliability:
Track vendors for delivery reliability, product quality, and compliance (e.g., sterile goods certification), ensuring a steady supply chain for essential healthcare needs.

Enhanced Traceability:
Maintain detailed records of sourced items—lot numbers, expiration dates, and supplier origins—for rapid recalls or quality assurance, critical for patient safety and regulatory adherence.

Quality Assurance:
Integrate specifications for medical-grade products into orders (e.g., sterilization standards, dosage accuracy), ensuring procured items meet clinical requirements.

Support for Patient Care:
Streamline procurement of specialized items—like prosthetics or diagnostic kits—freeing up healthcare staff to focus on patients rather than administrative delays.

Data Security:
Protect sensitive procurement data—like patient-related purchases or supplier contracts—with robust permissions and encryption, critical in a privacy-focused industry.

Get started with lasso!

Edit Template

Approval Workflow Software

Structured process for reviewing and authorizing purchases

Ensure oversight and alignment with business goals by routing requests to the right people at the right time, these workflows enhance control, efficiency, and transparency.

Streamlined Decision-Making:
Automated approval flows route requests—such as requisitions or purchase orders—to designated approvers instantly, reducing delays and keeping procurement moving forward without manual follow-ups.

Enhanced Control:
Define who can approve what based on factors like amount, department, or item type. This ensures only authorized personnel greenlight transactions, maintaining oversight over spending.

Improved Accountability:
Every approval is logged with timestamps and user details, creating a clear record of who authorized each step. This transparency holds individuals accountable and simplifies tracking.

Faster Processing Times:
Pre-set workflows eliminate bottlenecks by notifying approvers in real time and escalating unanswered requests. Mobile access allows approvals on the go, cutting wait times significantly.

Policy Compliance:
Embed company rules—like spending limits, vendor preferences, or regulatory requirements—into the workflow. This ensures every transaction adheres to standards without manual intervention.

Reduced Errors:
Automated routing prevents requests from being overlooked or sent to the wrong person. Built-in validations (e.g., incomplete forms) catch issues early, minimizing rework.

Customizable Workflows:
Tailor approval paths to your organization’s needs—whether a single approver for small purchases or multi-tiered sign-offs for major contracts. This flexibility adapts to varying complexity.

Better Transparency:
Stakeholders gain visibility into the status of requests—pending, approved, or rejected—in real time. Dashboards or notifications keep everyone informed, reducing confusion.

Fraud Prevention:
Requiring approvals from multiple levels for sensitive transactions (e.g., high-value POs) reduces the risk of unauthorized or fraudulent purchases by distributing responsibility.

Get started with lasso!

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