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SureCost | Smarter Purchasing and Inventory Management for Pharmacies

SureCost | Smarter Purchasing and Inventory Management for Pharmacies

SureCost is The Smarter Purchasing Solution™ that automates purchasing and inventory processes and brings your entire catalog into one dashboard. Without price shopping, pharmacies save 50% of the time spent on purchasing and 2-5% on cost of goods.


Company Background
SureCost was founded by Calvin Hunsicker, a pharmacist who ran his own pharmacy business and saw firsthand the challenges of rising drug costs, complex vendor agreements, and inefficient purchasing processes. Determined to create a smarter solution, he built SureCost — a solution designed to help pharmacies regain control of their costs and maximize savings.

Backed by a team with over 100 years of combined pharmacy experience, SureCost now empowers more than 1,600 pharmacies nationwide, helping them save 2-5% annually on their cost of goods while cutting purchasing time in half. More than 5,000 pharmacy professionals rely on SureCost daily to streamline operations, improve efficiency, and boost profitability.


Product Overview
SureCost is more than a purchasing platform — it’s a strategic advantage. By centralizing purchasing across all primary vendors and over 350 distributors and manufacturers, SureCost gives pharmacies the power to make smarter, faster, and more cost-effective decisions.

With built-in inventory management, compliance tracking, and real-time vendor insights, SureCost helps pharmacies reduce costs, prevent stock shortages, and navigate complex contracts with confidence. Whether you’re a single-location pharmacy or a multi-site operation, SureCost ensures every dollar works harder for your business.


Features & Options
• Smarter Purchasing: Compare pricing, rebates, and contracts across multiple vendors in one platform to save 2-5% on cost of goods annually.

• Optimized Inventory Management: Reduce out-of-stocks, manage formulary adherence, and eliminate wasted spend with real-time inventory insights.

• Seamless Compliance: Stay ahead of vendor contract and DSCSA compliance with built-in compliance tools and automated tracking.

• Pharmacy Management System Integrations: Streamline your workflow by integrating with your pharmacy management system.

• Customizable and Scalable: Tailor SureCost to your pharmacy’s needs with flexible workflows, approval processes, and reporting tools.

• Time-Saving Automation: Reduce time spent on purchasing by 50%, so your team can focus on higher-value tasks.


The Bottom Line: SureCost helps pharmacies buy smarter, manage inventory better, and save more — because every dollar counts.


Product Specifications
SureCost is a web-based platform designed to integrate with the majority of pharmacy management systems and works seamlessly with the big three wholesalers. Pharmacies can also leverage the free SureCost mobile app to receive inventory anywhere, ensuring flexibility and efficiency.

With customizable user roles and permissions, SureCost allows pharmacies to tailor access based on responsibilities. Executives can view financial overviews and set purchasing guidelines, while frontline staff can manage daily purchasing and inventory tasks — ensuring the right people have the right level of control.


Testimonial
“By using SureCost, we’ve saved about $200,000 per month in the last four months across all of our locations!” — Josh Miller, Director of Pharmacy, HAC Pharmacies


Additional Product Modules
In addition to its core purchasing, inventory management, and contract compliance tracking capabilities, SureCost offers DSCSA compliance packages to ensure compliance with the Drug Supply Chain Security Act (DSCSA). Pharmacies can efficiently track the journey of every pharmaceutical product helping to avoid costly errors, penalties, and potential disruptions in supply chains.


Additional Product Lines
SureCost’s Purchase Manager Compliance Insights™ is included, helping pharmacies maximize savings, improve compliance, and optimize vendor relationships — all without adding extra work. Pharmacies can:

• Gain clear visibility into contract adherence, vendor agreements and formulary compliance.

• Identify opportunities to increase rebate earnings and maximize cost-saving incentives by aligning purchases with vendor agreements and GPO contracts.

• Get real-time alerts when purchases fall outside preferred vendors or contracts, helping you prevent overspending and unintentional compliance errors.

• Access detailed reporting on purchasing trends, vendor performance, and compliance gaps to make data-driven decisions that boost profitability.

• Ensure staff follows purchasing best practices with automated buying recommendations that steer them toward the best product every time.

SureCost

SureCost News & Announcements

The Smarter Procurement SolutionTM: SureCost is the only end-to-end platform built to unify and elevate your procurement process without disrupting how you work, because in today’s pharmacy market, “good enough” software isn’t good enough. By bringing your entire vendor catalog into one place, SureCost automates purchasing decisions, strengthens compliance and helps pharmacies consistently save 2–5% on cost of goods while delivering 6x to 30x ROI. Features like Drug Shortage InsightsTM, automated substitution management and advanced analytics give you real-time visibility and control across every order. Backed by a Success team with over a century of pharmacy experience, SureCost connects all your vendors, integrates with your pharmacy system and replaces manual, error-prone workflows with a smarter, more efficient process, so you save more, stay compliant and work smarter.

RXinsider Staff

Posted by: RXinsider Staff

RXinsider is a multimedia publishing and technology company offering print publications, digital platforms, events, and content creation services to the B2B pharmacy market.

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