Resolvd

Resolvd: The AI Platform Transforming Enterprise Operations

What is Resolvd? Resolvd is an AI-powered platform designed to automate complex reconciliation and execution workflows within healthcare supply chain and enterprise operations. By utilizing cognitive digital workers, Resolvd helps organizations eliminate backlogs, reduce contractor spending, and recover lost revenue, leading to significant improvements in efficiency and financial performance.

Core Features and Benefits

• AI-Driven Automation: Resolvd leverages AI to automate tasks such as invoice reconciliation, non-file billing additions, and item master updates, significantly reducing manual effort.
• Seamless Integration: The platform integrates directly with existing systems like Excel, Outlook, Workday, PeopleSoft, and Epic, minimizing disruption and eliminating the need for extensive API integrations.
• Increased Accuracy: Resolvd ensures high accuracy in critical processes, including invoice/PO reconciliation (97%), non-file billing additions (95%), item master updates (99%), and access provisioning (96%).
• Improved Efficiency: By automating tasks, Resolvd reduces invoice cycle time from 45 days to just 3 days.
• Cost Reduction: Organizations can replace multiple contractors with a single Resolvd digital worker, achieving a 3:1 contractor replacement ratio.
• Revenue Recovery: Resolvd helps recover lost revenue from non-file billing errors, with one trauma center recovering $2 million.
• Enhanced Auditability: Every workflow is tracked end-to-end with audit trails, approvals, and compliance safeguards, ensuring reliability and defensibility.

How Does Resolvd Work?

Resolvd works by deploying AI-powered digital workers that operate within the existing software ecosystem. These digital workers can access and process data from various sources, including inboxes, spreadsheets, and enterprise systems. They automate repetitive tasks, validate data against contracts, update prices, and ensure compliance with established protocols.

Here’s a breakdown of the process:

1. Data Ingestion: Resolvd accesses data from various sources, such as email inboxes and spreadsheets.
2. AI-Powered Processing: The platform's AI algorithms process the data, identify discrepancies, and automate necessary actions.
3. System Integration: Resolvd updates relevant systems, such as Workday and Epic, with validated and accurate information.
4. Audit and Compliance: Every step of the process is tracked, ensuring compliance and providing a clear audit trail.

Why Choose Resolvd?

• Reduces Operational Debt: Resolvd helps organizations overcome the burden of inefficient operations, allowing analysts to focus on higher-value tasks.
• Increases Revenue: By recovering lost revenue and reducing costs, Resolvd improves the bottom line.
• Enhances Accuracy and Compliance: With built-in audit trails and compliance safeguards, Resolvd ensures that all processes are executed reliably and defensibly.
• Easy to Implement: Resolvd integrates seamlessly with existing systems, minimizing disruption and maximizing ROI.

Who is Resolvd for?

Resolvd is designed for healthcare systems and enterprise operations looking to streamline workflows, reduce costs, and improve financial performance. It is particularly beneficial for:

• Healthcare Supply Chain Professionals: Automate invoice reconciliation and reduce backlogs.
• Accounts Payable Departments: Eliminate non-file billing errors and improve invoice processing times.
• IT Operations Teams: Automate access provisioning and ensure compliance.
• Finance Leaders: Reduce contractor spend and recover lost revenue.

What problems does Resolvd solve?

Resolvd addresses the challenges associated with manual and inefficient processes in healthcare and enterprise operations, such as:

• Invoice Backlogs: Automating invoice reconciliation to reduce processing times.
• Non-File Billing Errors: Recovering lost revenue by accurately processing non-file billing items.
• Manual Data Entry: Eliminating manual data entry to reduce errors and improve efficiency.
• Contractor Dependence: Replacing contractors with AI-powered digital workers to reduce costs.
• Compliance Issues: Ensuring compliance with audit trails and compliance safeguards.

What results can you expect?

Organizations using Resolvd can expect to see significant improvements in efficiency, accuracy, and financial performance, including:

• 80% reduction in AP invoice backlog.
• 3x ROI compared to contractors.
• $2M in lost revenue recovered from non-file billing errors.
• Reduction in invoice cycle time from 45 days to 3 days.
• Improved analyst focus on higher-value tasks.

In conclusion, Resolvd offers a comprehensive solution for automating complex workflows in healthcare and enterprise operations. By leveraging AI-powered digital workers and seamlessly integrating with existing systems, Resolvd helps organizations reduce costs, improve efficiency, and recover lost revenue. This makes Resolvd a valuable tool for organizations looking to optimize their operations and improve their bottom line.