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Healthcare: Provider solutions From sourcing to settling, Synthium Heath not only helps optimize your spend, lower costs and reduce the supply risks, but we streamline workload efficiencies when working with multiple suppliers. Connect with a network of quality sellers who can collaborate with you, making the eProcurement process improve your bottom line.

Synthium Health Provider Presentation

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Page 1: Synthium Health Provider Presentation

Healthcare:

Provider solutions From sourcing to settling, Synthium Heath not only helps optimize

your spend, lower costs and reduce the supply risks, but we

streamline workload efficiencies when working with multiple

suppliers. Connect with a network of quality sellers who can

collaborate with you, making the eProcurement process improve

your bottom line.

Page 2: Synthium Health Provider Presentation

Converging healthcare with technologies

to create an intelligent platform

Synthium Health is a cloud-based, digital information and

commerce platform designed for the healthcare industry.

We offer automated supply-chain management solutions that

create remarkable experiences between trading partners by

driving engagement and conversion.

Synthium Health helps providers and businesses come together

in a single community to discover and collaborate in

marketplaces, eliminating the middleman. Leveraging the latest

technologies and online solutions, our customers cut operational

costs, maximize efficiencies, grow revenues and build long-

lasting relationships.

Privately held and based in Atlanta, GA., Synthium Health’s

proprietary platform offers a range of solutions that are

synergistic, customizable and scalable, exceeding business needs.

About us

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Page 3: Synthium Health Provider Presentation

Simplify. Optimize

Engage, align and transact with trading partners on our all-cloud platform

that simplifies the B2B supply-chain experience. Whether you are selling or

buying, our powerful digital commerce tools and technologies help grow your

revenues and cut costs where it counts most..

Create efficiencies

Drive the supply chain process with synchronization and automation,

eliminating the manual work involved. Watch as exchanges are sped up,

save you money, simplify contract negotiations and even boost the quality of

care. With these new efficiencies in the flow of materials, suppliers can grow

their business and providers can spend more time with their patients.

Go digital

Transform the way you work with smart technologies, in-house or on the

move, and watch as you build agility, while maximizing productivity,

performance, and efficiencies. In this converging, networked world, leverage

the web, videos, social media and mobile devices to connect with trading

partners wherever they are.

Digital commerce

in a converging

healthcare world Synthium Health is a networking marketplace for

the healthcare industry that enables providers

and suppliers to exchange information and

conduct eBusiness, cost-effectively.

Our automated platform is centered around a

holistic approach to creating efficiencies, all the

way through the supply-chain process.

From sourcing-to-settlement, to leveraging

intelligence for better decision-making, Synthium

Health uses advanced technologies and the

latest best practices in eCommerce to maximize

your business revenues.

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Accelerating time-to-market, on your terms

Focus more on your business and less on IT. Synthium Health’s resilient

platform delivers the speed, agility, security, availability and scalability that is

right for you. We make sure our innovative commerce practices and

evolution will keep your business growing, without the need to think about

software, maintenance and upgrades.

Delivering a 360o strategy

The power of Synthium Health’s 360o digital commerce interaction on a

single platform helps grow brand visibility and build long-lasting

relationships. With our cross-channel tools via social, mobile, email and

community networks, extending your reach has never been easier. Providing

real Return on Investment (ROI)

Providing real Return on Investment (ROI)

Synthium Health contributes to your bottom line by getting you up and

running faster, cutting your time to get down to business, while making you

more productive and competitive. With our transparent and predictable

pricing, we provide a low-cost, low-risk basis and high solution-value that

maximizes your margins and returns.

Making digital

commerce healthier

with Synthium Health

Synthium Health provides agile, feature-

rich supply-chain management solutions

that address a range of needs and

budgets to keep you competitive.

Using the latest in transformational

technologies and digital commerce

practices, we help cut operational costs,

increase efficiencies and boost revenues,

all while keeping it simple.

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Turn spending

into savings

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eSourcing

Find the right supplier, at the right time, for the right price

Supplier-matching system | eTenders & eAuctions | eEvaluations | Contract management

Supplier management

Consolidate and manage all your suppliers on one platform

Purchase orders | Supplier on-boarding | Compliance | Assess supplier performance

ePurchasing

Reduce labor costs, boost productivity and maximize spend with automated

ordering

eCatalogs & purchase requisition | eOrdering | eBartering

Buy smarter with the

right suppliers, at the

right time

From sourcing to settling, Synthium Health

not only helps optimize your spend, lower

costs and reduce the supply risks, but we

streamline workload efficiencies when

working with multiple suppliers.

Connect with a network of quality sellers

who can collaborate with you, making the

eProcurement process improve your

bottom line.

Accounts payable

Optimize costs while reducing cycle-times by simplifying the purchase order

and invoice payment process

eInvoice | Review, routing & approvals | EDI | OCR | Reporting

Spend analytics

Cut costs and minimize your supply risks

Spend data manager | Spend visibility and analytics

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eSourcing

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Supplier-matching system

Synthium Health’s supplier-matching system identifies new sources of

suppliers, allowing you to target the right one for any need. Find suppliers

even for spot buys, non-strategic and low-cost spend, and indirect services.

eTenders and eAuctions

With just a quick posting, begin the tender within 24 hours with matched

suppliers in our network. Manage the full scope of sourcing events, taking it

from supplier invites, event creation to supplier negotiations. Easily

schedule bidding rounds and timelines, monitor the supplier tender process

and even provide feedback to guide supplier bidding.

eEvaluations

For more complex and strategic procurements, eEvaluations help structure

assessment criteria and carry out bid comparisons, driving contract value.

Visibly promote the scores of the evaluation by the procurement team, in

addition to the rationale and reasoning for the scoring.

Centralize the

management of your

sourcing events

Synthium Health offers an end-to-end

eSourcing solution that covers the entire

bidding process on one single platform.

From supplier matching, tendering and

RFx evaluations, to contracts and pricing

management, our eSourcing solution

provides procurement value that cuts

costs and minimizes risks. Contract Management

Gain greater control over the contract life-cycle with automated tools that

highlight contract obligations, exposures, expirations, changes and

renewals, helping you reduce costly oversights and risks. Simply set up

tiered pricing and milestone alerts, and automatically track invoiced spend

and savings, for hundreds, even thousands of suppliers.

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Supplier

management

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Purchase orders

Once your product stock reaches a defined threshold, assign Synthium

Health to automatically create a purchase order for the supplier and send it

through Electronic Data Interchange (EDI). Our re-stock rules and inventory

thresholds automation streamlines workflows that frees up your time for

other tasks.

Supplier on-boarding

Automate and simplify your supplier’s registration and on-boarding by setting

up payables process and changing statuses from prospect to active supplier.

Collect payment information, W8/9 documents and TIN matching.

Compliance

Synthium Health ensures compliance with supplier, contract pricing and

payment policies. With a digital catalog of approved products and services,

reduce expensive unauthorized and off-contract spending.

Gain competitive

advantage in the new

digital commerce era

Keep all up-to-date and accurate supplier

information on Synthium Health’s cloud-

based platform. With our system, easily

maintain quality information that manages

purchase orders, assesses supplier

performance, monitors compliance, and

new supplier on-boarding.

Our supplier management solution helps

your eProcurement stay in check and

keeps you competitive.

Assess supplier performance

Monitor and assess your suppliers through Synthium Health’s scorecard and

performance measurement. Performance is based on processing

automated information capture from multiple sources, measuring the

supplier base against agreed uniform metrics for internal ranking, based on

number of complaints, complaint rate and delivery. For underperforming

suppliers, take corrective actions that allow them to improve their

performance score and rank. 10

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ePurchasing

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eCatalogs & purchase requisition

View your portfolio of approved contracted products, supplies and services

at negotiated prices across your seller networks, guiding user choices for

purchasing. Authorized users can add purchase order line items to the

shopping cart, which is then sent to the ePurchasing system for approval.

eOrdering

Minimize the purchase order processing time with Synthium Health’s

eOrdering. Our tool enables you to send order requests via spot and catalog

ordering, and receive order and shipment confirmations, all through

automation that facilitates instant order entry. Track the full cycle of orders,

from requests to final payment.

eBartering

Synthium Health enables barter exchanges for goods and services of the

same value, to build your bottom line. Gain benefits of bartering that help

conserve cash flow, convert slow moving inventory into current receivables,

put surplus capacity to use, and increase market share with low-cash

investments.

Take control of

compliant purchasing,

costs and risks

Centralize purchase requisitions with

Synthium Health’s electronic procurement

system, allowing for greater control and

management of spend.

Our solution provides the core

functionalities to keep you on top of

successful digital purchasing, delivering

order workflows, approved catalog

portfolios, status visibility and tracking

information.

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Accounts

payable

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eInvoice

Optimize your accounts payable operations with a simplified process of

creation, management, monitoring and routing of purchase orders and

invoices. Invoices and receipts are viewable through Synthium Health’s

one-source platform, where AP team members and suppliers can

collaborate to review details, obtain statuses, resolve issues and submit

invoices.

Review, routing & approvals

Reduce the cost per transaction by automating invoice exceptions handling,

aging, escalation and reporting. Invoices can be routed and sorted by

designating workflows based on user roles, authorization rules and

timelines. Problem invoices can be flagged for further action and classified

as blocked, parked or held.

Electronic Data Interchange [EDI] Capture and convert paper invoices through Electronic Data Interchange

(EDI), cutting down on time-consuming paperwork and eliminating risks of

wire transfer fraud found with ACH payments. Using EDI, increase your

operational efficiencies by reducing human errors with paper-based

invoicing, and save time on data-entry through our ePurchase Order-to-

eInvoice Flip.

Achieve cost

efficiencies and gain

competitive advantage

in the value-chain

process

With Synthium Health, easily optimize

invoice capturing and processing through

automated PO matching, approvals and

payment.

Say goodbye to bottlenecked transactions

of inefficient paper processes,

disconnected data and legacy systems

and close the loop on unstructured data.

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Page 15: Synthium Health Provider Presentation

Achieve cost

efficiencies and gain

competitive advantage

in the value-chain

process

With Synthium Health, easily optimize

invoice capturing and processing through

automated PO matching, approvals and

payment.

Say goodbye to bottlenecked transactions

of inefficient paper processes,

disconnected data and legacy systems

and close the loop on unstructured data.

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Optical Character Recognition [OCR]

Save time and costs by extracting data from paper invoices through Optical

Character Recognition (OCR), eliminating human intervention and human

error in data processing, while accelerating ROI. OCR is based on

intelligent recognition of type and position of invoice data, extracting

accurately and efficiently.

Reporting

Generate reports based on location, business unit, exception type, and

liabilities.

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Spend

analytics

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Make smarter, data-

driven decisions –

faster

Conduct necessary sourcing spend

analysis that helps drive and measure cost

savings, so you can make the right

decisions with your eProcurement.

With our Spend Analytics, gain business-

changing insight into operational

inefficiencies, by extracting, processing

and analyzing across all spending data

sources.

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Spend data manager

Extract, cleanse and classify your transactions and spend data with

Synthium Health’s data warehousing and management tool. Classifications

are based on product category, locations, business units, A/P, PO’s, top

vendors and top spends.

Spend visibility & analytics

Generate automated, graphical reporting of spend-related data, helping you

pinpoint strategic procurement opportunities for better negotiating power,

discover performing or underperforming contracts, eliminate out-of-control

spending, and deal with the best and most reliable suppliers. Populated

with pre-built standard reports and customizing capabilities, our spend

reporting and analytics tool allows for smart decision making based on real-

time data.

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Buy smarter with the right

suppliers, at the right time

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Page 19: Synthium Health Provider Presentation

Contact us Call toll free:

1.800.937.4245

Email:

sales: customers @synthiumhealth.com

media: [email protected]

careers: [email protected]

Write:

Johnson Ferry Road 501E, Suite 250

Marietta, GA 30068

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Thank you

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www.synthiumhealth.com