Pharmacies are overwhelmed trying to navigate an increasingly complex purchasing and inventory environment. Between manufacturers, GPOs, wholesalers, vendors, and the ever-changing healthcare industry, you need a unified and flexible way to manage purchasing and inventory. SureCost empowers pharmacies to save more, stay compliant and work smarter.

Save More

• SureCost gives pharmacies the control to decide who they want to do business with. SureCost works with all major wholesalers, the vast majority of secondaries, manufacturers, GPOs, etc. Pharmacies can choose to not only purchase from their primary vendor but secondary vendors. This expands their visibility of better prices in the market.
• With SureCost, pharmacies view all of their vendor’s pricing in one place.
• Pharmacies save time by avoiding price-shopping and looking through multiple platforms and catalogs.
• SureCost ensures transparency by eliminating hidden fees.
  • With SureCost, pharmacies know exactly what they’re paying for upfront, while other solutions in the market conceal the true cost of their services through excessive admin fees.
  • The product pricing displayed on the platform includes rebates and market share rebates, enabling pharmacies to maximize their rebate program and know what rebates are due from each source.

Smarter Purchasing Management with Formulary View

• The formulary view provides a list of recommended items based on the pharmacy’s rules and configurations, such as vendor compliance preferences.
  • When an employee at a pharmacy decides not to purchase the Formulary recommended item, they’re required to choose the reason why, such as the patient requesting that specific med. The Formulary non-compliance report tells the pharmacy manager how much patient requests, or any other formulary non-compliance reasons, are costing the pharmacy.

Smarter Savings Tracker

• After adding new products to an open purchase order worksheet, there are several views that provide visibility of additional opportunities for saving.
  • The pricing Discrepancy view provides visibility if the vendor price is higher or lower than the expected GPO price.
  • Potential Savings view and customizable reporting allow you to discover additional opportunities for savings, such as a secondary vendor having a lower price.
• After submitting your purchase order worksheets to your vendors through SureCost, you can track when a purchase order has reached each stage: acknowledgment by vendor, shipped, received invoice, and if your pharmacy submitted acknowledgment of receiving the products.
  • If a vendor is non-compliant and invoices you more than your contracted price, ships more/less quantities than expected or does not ship the correct item, SureCost will display a flag to alert you at the specific stage. A scheduled report can also be run.
  • By looking at the scheduled report, “Vendor Substitutions”, Pharmacies can avoid paying more on price if a vendor substitutes an item. A scheduled report can also be run.
• Additional scheduled reports to display additional savings
  • Top 200 Report- list of items pharmacies buy from specific vendors that they purchase large volumes of and/or have the best prices, which is the easiest way for them to meet compliance
  • Beyond/Outside 200 – Where else can a pharmacy save besides using the Top 200 to meet compliance?

Primary Vendor Compliance – EXCLUSIVELY FROM SURECOST

Stay compliant with your contracts and agreements with the Primary Vendor Assurance tool.

• After submitting your purchase order worksheets to your vendors through SureCost, you can track when a purchase order has reached each stage: acknowledgment by vendor, shipped, received invoice, and if your pharmacy submitted acknowledgment of receiving the products.
  • If a vendor is non-compliant and invoices you more than your contracted price, ships more/less quantities than expected or does not ship the correct item, SureCost will display a flag to alert you at the specific stage. A scheduled report can also be run.
  • By looking at the scheduled report, “Vendor Substitutions”, Pharmacies can avoid paying more on price if a vendor substitutes an item. A scheduled report can also be run.

DSCSA Compliance

The SureCost DSCSA Compliance Software streamlines inventory management while eliminating doubt and ensuring pharmacies are 100% DSCSA compliant.

WHY SURECOST OVER COMPETITORS?

• SureCost is a full purchasing and inventory management system.
• SureCost fully integrates with vendors, including all major wholesalers, 40+ secondary vendors, manufacturers and more!
• SureCost provides accurate cost data and integration cost data with a perpetual inventory system.
• SureCost offers invoice matching and workflows to ensure pharmacies are only paying for products received.
• SureCost integrates with accounting systems to eliminate paper and the manual invoice verification process.