Priority and Procurement Partners Announce Strategic Partnership
CPX integration brings best-in-class payment solutions to healthcare providers
Under the partnership, the integration of Priority Commercial Payments Xchange (CPX) into Procurement Partner’s eProcurement platform will streamline accounts payable solutions for over 100 healthcare organizations and over 200 integrated vendors who provide equipment to nearly 2,000 healthcare facilities across
“A partnership was formed with Priority to strengthen our P2P solutions and CPX will provide our healthcare partners greater efficiencies by transforming time-intensive AP processes into streamlined strategic working capital management,” said
CPX offers automated solutions for virtual card, ACH with terms and check through single payment instruction file along with critical reconciliation data regardless of payment method accepted by suppliers. “Procurement Partners integration with CPX exemplifies their dedication to bringing the best solutions to their healthcare partners,” said
Engineered to help buyers and suppliers find the intersection of value, CPX powered by Priority eliminates inefficient manual processes while accelerating payments and managing transaction costs for suppliers.
Priority is a payments powerhouse driving the convergence of payments and banking. The company has built a single platform to collect, store, and send money that operates at scale. We help our customers take and make payments while managing business and consumer operating accounts to monetize payment networks. Our tailored, agile technology powers high-value payments products bolstered by our industry-leading personalized support. Additional information can be found at www.PRTH.com.