A September research titled “Improving Financial Performance: Taking Advantage of Early Payments Discounts” highlighted the fact that small- to medium-sized businesses (SMBs) are always seeking new methods to improve financial management and digital capabilities.
According to the survey, 77% of enterprise Software-as-a-Service companies feel that not having insight into non-payroll spending is a major problem. This underlines the need of using non-payroll financial management.
However, BILL and Finmark are addressing a need that businesses are begging for in order to run as efficiently as possible by giving SMBs a means to automate their financial management.
Moving away from CD-ROM optical mediums and toward digital platforms that reduce friction while enhancing user experience and therapeutic results, medical imaging is experiencing a digital shift.
Rishi Nayyar, co-founder, and CEO of PocketHealth, spoke with Karen Webster for its J.P. Morgan Global Innovators in Payments Series about new innovation coming to an antiquated imaging methodology that required COVID-19 and a contactless movement to topple CDs from their throne.
Nayyar is developing a platform that will make it easier for patients to take scans to other physicians by just opening an app, increasing their access to and knowledge of their medical scans.
Due to the need for a strong platform that firmly authenticates users in order to transact sensitive and strictly controlled medical data, PocketHealth developed new registration and sign-in techniques that can recognize information that is only known by medical professionals and patients.
In addition to fundamentals like name, date of birth, social security number, and medical record number (MRN), PocketHealth verifies users’ identities by asking them to name referring doctors, particular scans carried out, and other information that is challenging for fraudsters to compile.
Users can send scans to other practices via secure links after logging in, or, in a move that acknowledges the non-digital nature of many practices today, the PocketHealth app can send an ‘access page’ with platform instructions to the doctor’s fax machine.
