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SpendMend Releases InvoiceROI™ 2.0

SpendMend Releases InvoiceROI™ 2.0SpendMend’s latest product release helps hospitals achieve better insight and precision analytics in their cost-savings strategies for purchased services spend.

SpendMend Releases InvoiceROI™ 2.0
SpendMend

SpendMend

GRAND RAPIDS, Mich. – January 10, 2023 – (Newswire.com)

SpendMend, the leading provider of solutions to optimize the cost-cycle for the healthcare industry, today announced the delivery of InvoiceROI™ 2.0, a platform that drives cost-savings across purchased services spend at major hospitals and health systems throughout the U.S. 

The upgraded technology, which automates the identification and categorization of line-item detail more deeply than any prior industry solution, enables end users to capitalize on new cost-savings strategies with an updated dashboard, advanced OCR, an enhanced analytics engine, and a widely expanded reporting suite. 

Prior to the release of the InvoiceROI™ technology solution, hospitals, and healthcare systems have struggled to gain a complete and detailed view into their total annual purchased services spend. To date, traditional industry tools have provided only generalized data. The latest release of the SpendMend technology represents a drastic shift away from ratio to precision benchmarking.

Clients using the new technology receive aggregated digital access into invoice-level detail to expedite and simplify the comparison of terms and transactions across spend categories and sub-categories. The enhanced system automation performs an exhaustive end-to-end review of total spend without the need for excessive staff time and research. As a result, hospitals gain deeper visibility and insight, which drives better reach and accuracy in their cost-savings strategies.

InvoiceROI™ has the ability to quickly take utilization and usage trends,” states Luis R. Martinez, VP of Supply Chain, Cornerstone Healthcare Group. “The advanced platform has empowered our hospitals to re-negotiate new agreements resulting in deeper cost reductions than we ever thought possible. This includes consolidating contracts and service providers across multiple hospitals in different regions.”

“The motivation to create the platform came from over 20 years working with top hospitals across the U.S.,” states Lisa Miller, Managing Director of SpendMend Purchased Services and inventor of InvoiceROI™. “We are proud to deliver a software solution that grants C-level leadership better insights and clearer direction on cost-savings opportunities throughout purchased services spend at their hospitals.”

InvoiceROI™ 2.0 is currently in production with existing SpendMend clients and generally available for U.S. hospitals and health systems with no limitations or restrictions. Existing clients will still have the option of leveraging SpendMend’s highly specialized experts to maximize the benefit of the new solution.

About SpendMend

SpendMend is the leading provider of tech-enabled, cost-savings solutions in the healthcare industry. Combining the use of data, proprietary technology, and rigorous analytics with its healthcare focus and expertise, SpendMend partners with healthcare networks to expose the dark data to improve and optimize their costs in meaningful and collaborative ways. SpendMend’s mission is to help its clients improve their patient care through innovative cost-savings solutions.

Contact Information:

Kylee Savage

Marketing Manager

ksavage@spendmend.com

616-257-8331

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SpendMend Releases InvoiceROI™ 2.0

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Underlining Wins L’Oréal and Unilever Top Executive Tobias Kuetscher

Underlining Wins L’Oréal and Unilever Top Executive Tobias KuetscherThe growing beauty brand developer has garnered a cult-like customer base and following on social media.

Underlining Wins L’Oréal and Unilever Top Executive Tobias Kuetscher
Tobias Kuetscher

Chief Growth Officer

MIAMI – January 10, 2023 – (Newswire.com)

Rising beauty startup Underlining has officially announced the appointment of Tobias Kuetscher as its new Chief Growth Officer. In his new role, Kuetscher will work to strengthen the company’s multi-channel growth initiatives and lead the firm’s global expansion. The move marks the latest addition to Underlining’s growing global executive team. 

“We are thrilled to have been able to excite Tobias Kuetscher with our extraordinary success story and win him for our leadership team,” said Raz Romanescu, CEO and co-founder of Underlining. 

“Tobias brings an extensive network and expertise in the beauty industry globally that will help us further advance our strategy and organization, as well as reach our ambitious growth plans.” 

Prior to joining the Underlining team, Kuetscher served as Unilever’s General Manager for both the European and Asia-Pacific regions. Kuetscher also held leadership roles in marketing and sales at L’Oréal. Holding master’s degrees in business from the University of Mannheim and Swansea University, Kuetscher brings 20 years of beauty industry experience to the Underlining team. 

A leader in brand development, Underlining has propelled companies such as Nailboo, Hide, and Tatbrow to the forefront of the beauty and wellness space. From its existing brand portfolio, the industry pioneer has recently amassed over 1,000,000 customers collectively within the U.S. 

Having recently entered into an official retail partnership with 3,000 physical stores across the country, Underlining is well on its way to reimagining the world of beauty and wellness through its breakthrough cosmetic products.

To learn more about Underlining’s rapid growth in the market or to learn more about its expanding brand portfolio, please visit http://www.underlining.com.

About Underlining™

Underlining™ is one of the fastest-growing beauty startups in the USA. The flagship brands disrupting the industry include Nailboo® (nails) and Hide® (color cosmetics & skincare), which have a cult-like customer base on social media.

Contact Information:

Aidan Cole

press@underlining.com

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Tobias Kuetscher

Tobias Kuetscher


Chief Growth Officer


Tobias Kuetscher

Tobias Kuetscher


Chief Growth Officer

Press Release Service
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Newswire.com

Original Source:

Underlining Wins L’Oréal and Unilever Top Executive Tobias Kuetscher

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