CPS Payment Services Announces Advanced Accounts Payable Solutions Agreement with Premier Inc.

June 29 12:51 2021

Atlanta, Georgia – June 29, 2021 – CPS Payment Services (“CPS”), a REPAY company and market leader in healthcare accounts payable (AP) virtual card and disbursement services, today announced an agreement with Premier Inc. as part of an initiative to continue expanding its footprint in the healthcare industry. The agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for advanced AP solutions.

CPS Payment Services is a financial technology company with solutions focused on AP disbursement optimization. The CPS TotalPay platform automates the facilitation of all supplier payments for a hospital or health system while helping generate substantial monthly cash rebates based on payments to AP suppliers. CPS has a proprietary network of healthcare suppliers, which typically enables healthcare clients to generate significantly increased rebates compared to most bank programs.

“CPS Payment Services is excited to have been awarded this agreement with Premier and provide value to their members. We also look forward to further expanding our services offered to other Premier members,” said Wade Eckman, SVP of CPS Payment Services.

Premier is a leading healthcare improvement company, uniting an alliance of more than 4,100 U.S. hospitals and approximately 200,000 other providers and organizations to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and consulting and other services, Premier enables better care and outcomes at a lower cost.

About CPS Payment Services: 

CPS Payment Services, a REPAY Company, was founded in 2011 and is a B2B payments and accounts payable (“AP”) automation technology provider that facilitates the issuance, execution, and reconciliation of virtual card, enhanced ACH, ACH, and check payments. CPS’s offering is highlighted by its proprietary AP automation software, the CPS TotalPay Payment Portal, which provides purpose-built, highly configurable workflow management and automation across the entire B2B payments lifecycle from ERP integration to payment execution and reconciliation. CPS has developed a proprietary database of virtual card and enhanced ACH accepting suppliers and serves an expanding base of Healthcare clients.

Media Contact
Company Name: CPS Payment Services, a REPAY Company
Contact Person: Wade Eckman
Email: Send Email
City: Atlanta
State: Georgia
Country: United States
Website: https://www.cpspaymentservices.com/

view more articles

About Article Author