Hybrent is a comprehensive, cloud-based software solution tailored for the healthcare industry, designed to streamline and automate the entire procure-to-pay process. It addresses the inefficiencies and costs associated with manual procurement and inventory management in the fast-paced healthcare environment. The platform offers real-time inventory visibility, automated invoice reconciliation, and tools to reduce waste, enhance compliance, and gain control over organizational spend across all facilities, departments, and vendors. Hybrent supports centralized procurement with controlled item masters, preferred vendors, and approval workflows. It features advanced vendor connectivity through EDI and non-EDI options, punchout capabilities, and rule-based access. Inventory management includes tracking receipts, managing transfers, cycle counts, and monitoring lot, serial, and expiration data. Accounts payable automation provides two-way or three-way match analysis, seamless integration with accounting software, and automated GL coding. Robust reporting and data analytics offer prebuilt and customizable reports with BI tool integration for detailed cost allocation. The software also includes barcode scanning for ordering and inventory depletion, a mobile application for iOS, Android, and Zebra TC devices, and contract management capabilities. Hybrent has demonstrated significant results for healthcare providers, including an 80% reduction in manual invoice work and a 30% cut in supply waste. It is specifically designed for acute and non-acute healthcare providers such as surgery centers, physician offices, critical access hospitals, and community health centers.

Features & Benefits

• Centralized Procurement: Maintains a controlled item master with preferred vendors and formulary items, simplifies ordering for clinical staff, and manages approval workflows.
• Advanced Vendor Connectivity: Supports EDI and non-EDI vendors for data exchange, enables punchout compatible vendors, and applies rule-based privileges for controlled access.
• Inventory Management: Tracks supply receipts with real-time inventory values, manages transfers and cycle counts, scans products in and out, and monitors lot, serial, and expiration data.
• Accounts Payable Automation: Digitally manages invoices with two-way or three-way match analysis, sends approved invoices to accounting software, and applies automated GL coding.
• Reporting and Data Analytics: Provides access to prebuilt and customizable reports with Excel export, BI tool integration, and detailed cost allocation by patient, department, physician, or project.
• Barcode Scanning: Enables ordering and depletion of inventory using barcode scanning with tracking for lot number, serial number, and expiration date.
• Mobile Application: Offers full ordering workflows, approvals, and inventory management on the go, available on iOS, Android, and Zebra TC devices.
• Contract Management: Allows storage and organization of vendor contracts with details for items, costs, tiers, and expiration dates.