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Streamline Vendor Negotiations and Performance Management
Poor vendor management wastes time, increases costs and diminishes the value of your health and welfare benefits plans. We can help streamline the process, improve vendor quality and reduce your costs.
No task seems to take more time than managing your vendors, from evaluation to selection to ongoing management. The sheer number of relationships is further confounded by diverse performance metrics and uneven quality. Meanwhile, your costs keep going up.
We can help you reduce vendor cost and improve quality with evidence-based advice and industry-leading technology. The payoffs are considerable:
- Reduced administrative time
- Faster and more informed benefit plan decisions
- Improved vendor performance
- Meaningful metrics
- Greater access to your data
- Higher-quality data and employee satisfaction
- Lower costs
We combine extensive vendor research and consulting experience with a widely accepted, web-based HR cost management solution,
HighRoads, to streamline vendor selection and performance. Together with eValue8, the National Business Coalition on Health's tool to standardize requests for information, we can benchmark best practices, model cost impact, map processes, and review administrative performance and pharmacy benefits.
By optimizing vendor performance, you'll maximize the return on your health plan investments, ensuring that your people get the best-quality service while you get the best price.
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