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TrialNet sends RFP to vendors offering services you want to better manage;
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TrialNet negotiates "best available rates" on behalf of the client;
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TrialNet compiles and disseminates data in streamlined format for client to review;
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Client chooses vendor(s) from data received by TrialNet;
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Vendor(s) process invoices through TrialNet in Ledes format or by using TrialNet's manually create e-billing feature;
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TrialNet developed E-codes for all components of "other outside vendor" invoices to ensure compliance with rates quoted;
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Violations to rates quoted must be corrected by vendor before invoice can be processed thru to client;
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Client can now report on "other outside vendor" data to determine costs increase from year-to-year
and determine where costs can be contained;
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Cost for service -- No cost to the corporate client;
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ROI -- 3-8% savings on "other outside vendor" costs.
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