17 August 2020 | News
An AI-Powered Clinic Inventory Analytics and Vendor Payment Software
Photo Credit: Lumiere32
Lumiere32, a Singapore-based B2B healthcare procurement startup, known for its online platform of medical and dental supplies, launches Pay32Clinic, an AI-powered inventory management software platform, dedicated to all clinics in Singapore.
As more healthcare providers move to digitalise to adapt to the pandemic in Singapore, Lumiere32 has led this digital shift with regards to the procurement of medical supplies, such as face masks and thermometers. With medical supply stocks moving much faster than before, clinics and hospitals find themselves spending more time handling everyday administrative tasks such as controlling and managing their inventory.
Currently, the majority of clinics in Southeast Asia keep track of their inventory through very manual and labour-intensive processes. It can be very time consuming to receive real-time access on how much each clinic branch is spending on medical supplies. On top of that, clinics are required to manually track the payment due dates for each supplier who has provided them with medical supplies, such as isolation gowns or N95 masks, which can lead to overdue payment charges.
“Most clinics do not rely on a data-driven approach or a dedicated tech platform to make more informed decisions when stockpiling medical supplies, hence, they would often face out-of-stock situations or wastage of materials as medical supplies also come with expiry dates.” said Dr Priti Bhole, Founder of Lumiere32
Realising this issue, Lumiere32 developed the Pay32Clinic software to ensure their continuous effort in powering the digitalization that has been keeping the supply chain moving. At a cost of SGD 110 - SGD 540 monthly, this software aims to support clinics in better understanding their inventory movement while making smarter decisions when managing and investing in inventory-related matters.
With its integrated AI technology, Pay32Clinic will also allow all clinics in Singapore to track the expiration dates and monthly inventory data trends to ensure that they will no longer experience ‘Out of Stock’ situations. Among other features, the software will also facilitate a digitalized and paperless process for all vendor payments.
Currently, Pay32 is offering a free 6-months trial for all clinics. Upon implementing the Pay32 clinic software into 6 or more Clinics, Lumiere32 will also be extending an exclusive offer of 6 free Dental Aerosol Suction Machines, worth $9,900 each.