Woman’s Hospital has saved an estimated $355,000 by using Boston WorkStation in its contract management process. Boston WorkStation imports contracts into the materials management system and compares the contracted prices with the cost of the items being purchased. When items are more than 3% above or below the contracted price, employees who specialize in contracts are notified via email so that they can address the issue.
Because Boston WorkStation makes electronic communications easier, Woman's Hospital has been able to increase the number of vendors with which it works. This enables them to search out cost savings and better quality products from a wider variety of sources.