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Practo achieved 80% stronger expense control and 70% lower reconciliation effort using Volopay
Compliance efficiency
With higher than 99% NABH/NABL accuracy, Practo's audit compliance packs are now export-ready
Faster reimbursements
Practo's staff reimbursements now happen instantly with UPI, boosting their team morale significantly
Practo is India's premier healthcare technology platform. They provide teleconsultations, digital prescriptions, pharmacy order facilities, and appointment booking facilities for thousands of doctors and practices across India.
â—Ź Subscription management for online/SaaS tools
â—Ź Lack of corporate cards for employee expenses
â—Ź Lack of integrated tech stack for smoother financial management
Volopay virtual cards are an easy solution for SaaS subscription management. Cards can be issued for specific vendors, with limits set to the subscription plan. This way, cards can be easily frozen or deactivated to stop payments, and ledger transaction logs trace back to specific vendors for easier tracking of duplicate subscriptions.
Volopay’s corporate cards, both physical and virtual, make it easier to allow employees to make business expenses without over-reliance on a single department card. Employees are able to carry out transactions for continued smooth business operations, and card controls prevent overspending.Â
Volopay’s ecosystem uses native integrations to create two-way information sync with accounting software and ERP software. This allows clients to manage all their data across different systems without the need for repetitive administrative work and data entry.
Audit compliance packs are export-ready and consistently meet NABH/NABL standards with over 99% accuracy.
With UPI-linked cards, Practo's departmental expenses are 80% more controlled and reconciliation effort went down by 70%
Via NEFT/RTGS, Practo's vendor & supplier payouts are done on time, with 90% fewer late fees and stronger reliability.
Practo's consultant billing is now streamlined, wtih UPI/IMPS payouts save 2–3 days every month, cutting 90% of errors.
Practo joins a host of Indian healthcare companies using Volopay, becoming one of many that enjoy remarkable improvements in expense management.Â