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

Sourcing & RFQ Software

Streamline your sourcing process

Lasso’s sourcing and RFQ system provides buyers with the tools they need to efficiency manage their procurements and improve supplier relationships. 

Faster Procurement Cycles:
Lasso’s eBidding systems streamline the RFQ process by automating the creation, distribution, and collection of quotes. Suppliers respond online in real time, cutting days or weeks off traditional methods like email or phone negotiations.

Cost Savings:
By enabling competitive bidding among multiple suppliers, lasso helps drive down prices as vendors vie to offer the best value. Transparent comparisons of quotes help you secure the most cost-effective deals without sacrificing quality.

Wider Supplier Reach:
Lasso’s sourcing platform connect you to a broader pool of vendors, including local and global options, through online marketplaces or integrated databases. This increases competition and opens up opportunities to discover new, high-quality suppliers.

Improved Accuracy:
Automated RFQ templates and standardized formats reduce errors in specifications or requirements. Suppliers submit bids directly into the system, minimizing miscommunication and ensuring all quotes align with your needs.

Enhanced Transparency:
Every step—from RFQ issuance to bid evaluation—is tracked and documented. This creates a clear audit trail and allows stakeholders to monitor the process, ensuring fairness and accountability in supplier selection.

Data-Driven Decisions:
Advanced analytics within lasso’s eBidding platform provide insights into supplier performance, pricing trends, and historical bid data. This empowers you to make informed choices based on value, reliability, and long-term potential.

Better Supplier Collaboration:
Suppliers gain access to lasso’s user-friendly portal to submit bids, ask questions, and receive feedback. This fosters stronger relationships and encourages vendors to participate actively in future opportunities.

Compliance and Governance:
Built-in controls ensure RFQs adhere to company policies and regulatory standards. Features like approval workflows and restricted vendor lists prevent unauthorized purchases and maintain procurement integrity.

Scalability:
Whether you’re issuing one RFQ or hundreds, lasso’s sourcing system scales effortlessly with your needs. It can handle complex, multi-line bids or large supplier pools without slowing down the process.

Real-Time Updates:
Get instant notifications as suppliers submit bids or revise offers. This allows for quicker evaluations and the ability to negotiate or clarify terms on the fly, keeping the process agile.

 

Get started with lasso!

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