Inspiren offers advanced hybrid sensing technology and powerful AI that keeps residents of assisted living and healthcare facilities safe.
Enabling a Zero Harm Ecosystem for Healthcare Monitoring
Inspiren offers advanced hybrid sensing technology and powerful AI that keeps residents of assisted living and healthcare facilities safe. With a platform approach including hardware and software, Inspiren leverages technology including mobile and web apps, event review, AI monitoring and analytics to provide alerts at the point of care, real time.
Complex Billing ModelCreates Invoicing Challenges
Inspiren’s business model involves invoicing for hardware based on installation-based timing milestones as well as a recurring software subscription model. Additionally, with an enterprise sales motion, many customers had complex demands on how they wanted invoices customized and broken down across multiple facilities and sites. As a result, Inspiren’s lean operational team was spending significant manual time on invoicing.
One Solution to Manage Contracts to Cash
Inspiren leverages Tabs to automate the entire A/R workflow from contract to cash:
Invoice Communications and Dunning
Auto-generated Invoice Schedule and Bill Tabulations
B2B Payments and GL Reconciliation
Grouping Contract Documentation from MSAs, SOWs, POs and Amendments
tabs Provides Quick and Accurate AI Powered Billing and Collections
Recognizing that their manual processes were tedious and would limit the ability to scale, Inspiren turned to tabs to help alleviate the burden of reviewing contracts every billing cycle to ensure accuracy and manually drafting invoices. Tabs helps fast-growing companies avoid revenue leakage and speedup cash collections, keeping all financial records up-to-date in the general ledger and supporting scale without administrative constraints.