Wellspring Pharmacy Accounts Payable Automation

The Challenge: Fragmented Procurement and Manual Complexity

Wellspring Pharmacy faced significant operational bottlenecks due to the complexity of a multi-site structure. Each site managed its own unique set of vendors, resulting in a vast array of different invoice layouts and formats that required manual processing. Furthermore, different sites and vendors demanded specific, manual data entry rules for their ERP system, Priority. This manual environment was not only slow but costly, with manual processing expenses reaching approximately $1,500 per month

Automating Accounts Payable Across Multi-Site Pharmacy Operations

To unify procurement across their US and Canadian chains, Wellspring implemented DOConvert, achieving an impressively fast time-to-value of less than 30 days from lead to go-live. The automation handles the entire lifecycle of an invoice with minimal human intervention

Seamless Ingestion: Invoices are auto-forwarded from email directly to DOConvert, eliminating the need for staff to manually “drag and drop” files.

Intelligent Classification: The system automatically identifies the document type and recognizes the specific vendor

Data Extraction & Mapping: Vendor invoice layouts are automatically mapped to the required fields for the Priority ERP

Automated Matching: CMO invoices are automatically paired with Goods Receiving Vouchers (GRVs)

Service & Logistics Coding: Logistics invoices (e.g., Echo Logistics) are automatically coded to accruals by brand

ERP Integration: DOConvert opens a draft invoice in Priority, populates all pertinent details, and attaches the original vendor PDF

Accuracy Check: The finance team performs a final accuracy check before the invoice is finalized

The Results: Tangible ROI and No-Code Scalability.. From $1,500 to $500/Month: Wellspring Pharmacy’s AP Automation Story

By automating the top 8 US CMOs and Echo Logistics, Wellspring realized immediate financial gains:

MetricManual StateAutomated State (DOConvert)
Monthly Cost$1,500 $500 
Annual Cost$18,000 $6,000 
Annual Savings$12,000 
invoice processing automation

Zero-IT Expansion: Because DOConvert is a no-code platform, Wellspring can expand this automation to additional companies within their group and streamline new workflows in zero time, without requiring intervention from IT teams

Immediate Volume Growth: Their current contract allows them to double their invoice volume at no extra cost 

Strategic Roadmap: Expansion into Canadian operations and the automation of stability invoices is currently underway

pharmacy accounts payable software

“DOConvert greatly reduced the complexity of managing high-volume invoices across our US and Canadian lines of business, without a single line of IT work. Scaling to new vendors is effortless. The team is very responsive to any need we may have.”  Scott, Wellspring Pharmacy

Process overview

DOConvert revolutionizes B2B communications with cutting-edge technology that automates data extraction – a platform that extracts relevant data from any document type and integrates the data into your digital records system, without human intervention.
Our advanced technology automatically maps, recognizes, parses and processes data from complex documents in mere seconds, enhancing operational speed, boosting efficiency, and drastically reducing your costs.

With DOConvert, you are “hands-free.” You no longer need to copy/paste, or retype critical information embedded in your documents. Data contained in emails, purchase orders, invoices, and much more can be extracted and entered into existing systems in seconds.
Gone is the cumbersome, time-consuming, error-prone, data entry, saving you and your company time and money.

DOConvert revolutionizes B2B communications with cutting-edge technology that automates data extraction – a platform that extracts relevant data from any document type and integrates the data into your digital records system, without human intervention.
Our advanced technology automatically maps, recognizes, parses and processes data from complex documents in mere seconds, enhancing operational speed, boosting efficiency, and drastically reducing your costs.

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