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Full-Time

Accounts Payable Invoice Exception Specialist

Posted on 10/23/2024

PartsSource

PartsSource

201-500 employees

Supply chain solutions for medical equipment

Data & Analytics
Healthcare

Entry, Junior

Streetsboro, OH, USA

Hybrid work environment.

Category
Financial Accounting
Financial Analysis
Accounting
Requirements
  • Customer centric and/or supplier facing background.
  • Excellent problem solving skills.
  • Process improvement experience.
  • Requires attention to detail and strong communication skills.
  • Good written, oral communication, time management and organizational skills required.
  • Accounts Payable or general billing experience preferred.
Responsibilities
  • Manage incoming problem invoices in the categories Operations is responsible for.
  • Conduct research of billing discrepancies and errors and resolve each problem invoice.
  • Create/Obtain/Submit credits/concessions/additional bills.
  • Assist with supplier credit holds due to disputed invoices.
  • Document and escalate trends.
  • Put together actionable recommendations to reduce friction in the process.
  • Work closely with suppliers and Supplier Solutions to institute effective processes related to order and billing practices.
  • Reduce concessions in accordance with the KPI for the year.
  • Appropriately communicate and bill customer when necessary.
  • Process all disputed invoices in less than 30 days in accordance with the KPI for the year.

PartsSource provides supply chain solutions specifically for the maintenance and repair of medical equipment in healthcare settings. Their main product, the PartsSource Pro platform, connects hospitals, clinics, and other healthcare facilities with a network of over 5,000 qualified service technicians. This platform simplifies the procurement process, minimizes invoicing issues, and ensures that imaging equipment is readily available when needed. Unlike many competitors, PartsSource focuses on data-driven insights to enhance equipment uptime and reduce operational costs. The company's goal is to help healthcare providers improve the quality of their services while maximizing the efficiency of their equipment.

Company Stage

Acquired

Total Funding

N/A

Headquarters

Aurora, Illinois

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition by Bain Capital for $1.25 billion underscores PartsSource's strong market position and growth potential.
  • Expansion in the Northeast Ohio region highlights the company's commitment to leveraging local talent and community support.
  • Updates to PartsSource Pro enhance the platform's capabilities, potentially increasing user satisfaction and market share.

What critics are saying

  • The integration of new training partnerships and technologies may face operational challenges, potentially delaying benefits.
  • Dependence on the Northeast Ohio region for talent could limit scalability if the local workforce cannot meet growing demands.

What makes PartsSource unique

  • PartsSource's strategic partnerships with CBET and RSTI address the critical skills gap in the biomedical equipment sector, setting it apart from competitors.
  • The introduction of an evidence-based model for service contract management showcases PartsSource's commitment to innovative, data-driven solutions.
  • PartsSource's focus on the medical equipment maintenance market, combined with its robust online marketplace, provides a specialized service that general B2B marketplaces cannot match.

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