Molina Healthcare’s Bryce Berg Gets Coupa Innovation Leaders Award
| Proquest LLC |
The company said that the award recognizes Berg's successful transformation of Molina's procurement sourcing and invoicing processes, an initiative that has facilitated Molina's growth.
According to a release from the company, the Coupa Innovation Leaders Award recognizes individuals or teams who have transformed their organizations through new approaches to business and technology that create measurable value. Berg is the first recipient of the Coupa Innovation Leaders Award for Healthcare.
"We had enough volume that we could fund the entire central organization just with the savings we would generate from centralizing these processes and by negotiating better contracts," said Berg. "This project was a key element of Molina's ongoing effort to manage our administrative costs."
The company deployed Coupa in 2012 and used the cloud-based platform to automate its procure-to-pay processes while giving employees a web-based system that took the pain out of the purchasing process.
As Berg expected, the project also uncovered hidden risks in the previous processes - unfavorable contract terms, inconsistent legal review and others - and helped the company address them.
"Molina is one of our most forward-thinking customers," said
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