How triValence Cut Invoice Processing Time by 40% with Rutter
triValence, a healthtech startup specializing in supply chain procurements and payments needed to optimize their accounting integrations in order to streamline their customers' workflows and continue to close deals.
“Accounting integrations are critical for us. Before we had accounting integrations, that was a blocker for a lot of our potential customers that were interested in us.”
Poor accounting integration coverage
triValence enhances the efficiency of the healthcare supply chain by managing procurement, inventory, and financial operations for ambulatory surgery centers (ASCs). Before signing up for Rutter, triValence was missing key integrations with Sage Intacct, QuickBooks, NetSuite and Microsoft Dynamics 365 Business Central, which many potential customers needed to integrate with. Without these connections, triValence struggled to close deals, as prospects required reliable accounting workflows that the company couldn’t yet provide.
“At triValence, we streamline our customers' invoicing and payment workflows with Rutter, eliminating manual data entry and saving our customers valuable time.”
Automating accounting integrations with Rutter
Rutter enabled connections with multiple platforms like Sage Intacct, QuickBooks, NetSuite and Microsoft Dynamics 365 Business Central, enhancing scalability and making accounting integrations easier for the team.
“At triValence, we streamline our customers' invoicing and payment workflows with Rutter, eliminating manual data entry and saving our customers valuable time,” says David. Once a customer receives an invoice for goods or services, it undergoes an approval process. From there, Rutter sends the invoice to the customer’s accounting system, removing the need for manual input.
With Rutter, triValence's customers reduced manual data entry by 40-50%, translating to 12 hours saved per month per client. This not only improved operational efficiency but also allowed triValence to onboard more customers without increasing internal accounting support.
When the invoice is ready for payment, the customer has full control over scheduling payments and applying credit memos as needed. Once a payment is initiated, David and his team use Rutter to automatically mark the invoice as paid within the accounting system, ensuring accuracy and reliability.
Additionally, in cases where funds are temporarily held, Rutter’s Journal Entry endpoints enable triValence to track and manage these transactions effortlessly. By leveraging Rutter, triValence provides a smoother, more automated financial process for its customers, reducing manual efforts and enhancing operational efficiency.
"Rutter has really good documentation. It was pretty easy to integrate with the product."
triValence reduced their customers' manual data entry by 40%
triValence managed to save their customers 12 hours per month
Rutter's Unified API enabled triValence to onboard more customers without increasing internal accounting support
David and his team see Rutter as more than just an integration tool. It’s a key part of their mission to simplify healthcare payments.
“As we continue to scale, we’re excited to deepen our partnership with Rutter to drive even greater efficiency for our customers.”
Get up and running.
Building integrated products is hard. We can do that together. Let's chat.