Dental service organizations (DSOs) and practices require a more dynamic and professional solution for managing their dental supply purchasing processes, Method has built the industry’s most powerful e-procurement platform. Method was purpose-built specifically for DSOs, GPOs and practices with multiple locations that require a scalable solution that will grow with them as their needs increase.
Method enables dental practices of all sizes to increase their profitability by maximizing their buying power, and reducing the effort required to run procurement processes.
With Method, you can transform your practice’s procurement process and gain access to the same buying power and efficiencies enjoyed by large dental organizations. We help you improve your bottom line while maintaining the existing relationships you have with your preferred suppliers.
Method supports midsized DSOs that want to implement a scalable procurement solution that supports practice efficiency across all locations. With access to preferred pricing, your team can leverage volume to improve buying power. Streamline your procurement efforts by establishing consistent purchasing and approval processes and control payments, including three-way matching that verifies product receipt and invoice accuracy.
Method enables large DSOs to adopt a strategic approach to procurement and spend management. Method allows you to easily create and enforce formularies, giving you confidence that you will stay on budget. Our platform allows you to hold suppliers accountable to negotiated pricing, collect usage data, and gain complete visibility into procurement activity across all locations. Method delivers a superior user experience that ensures high adoption rates throughout your organization.
Method was built by procurement experts specifically for the dental industry and, as such, strongly supports independent dentistry. We have strong affiliations with several of the largest GPOs in the industry and our software has been designed to automatically update each organization’s unique, negotiated pricing with every supplier. Once you add your vendor account to Method, your special pricing with that vendor will automatically be reflected on Method.
Method will help your dental service organization significantly increase overall financial performance by:
By establishing a more competitive bidding environment and growing multiple supplier relationships, Method will help you enhance your dental supply purchasing power. We can assist you with enforcing compliance with existing contracts and identifying alternate, high-quality products that offer increased cost savings.
Our software lets you create and enforce better controls across your organization's pre-purchase approval and budgetary review processes to boost efficiency. These measures allow you to tighten your payables process, review detailed spend data and accurately track returns and credits.
Our program will reduce the effort needed to manage your procurement process by simplifying employee onboarding and facilitating your online ordering process. We'll help you streamline purchasing duties by defining and optimizing your reordering cycles while nurturing relationships with your primary suppliers.
Research shows that enterprises save between 6% and 12% on every new dollar of spend placed under procurement’s control. Beyond savings, a transformed procurement process can lead to improved quality and lower risk.*
*Ardent Partners Ltd. "CPO Rising 2018". June 2018.
Comprehensive sourcing: Our program offers extensive supplier options, including a dental industry catalog of over 700,000 items. Our software allows you to create simplified requests for quotes and speeds up the bidding process by letting suppliers submit bids online. Because our software works with virtually any supplier, you can compare offers easily.
Efficient ordering: Method will help you establish a uniform, straightforward ordering process that benefits your organization rather than meeting your supplier's requirements. We'll help you set purchasing parameters that streamline coordination through approving or declining purchases before ordering.
Accurate inventory management: Our software provides the tools to set low stock alerts, monitor stock levels and set reorder points to ensure you purchase only what you need. Additionally, you can view open orders to prevent duplicate transactions among your buying team.
Streamlined receiving: Our software provides complete visibility into the receiving process, letting you inspect received items, track deliveries and monitor late shipments with up-to-date information. You can also match purchase orders with packing lists and invoices to ensure accuracy.
Advanced analytics: Method's actionable dashboards allow you to stay current with all aspects of your purchasing process in real-time. Detailed system reports let you analyze spending and gain valuable insights from spending data.
Method Procurement Technologies gives independent dental practices and DSOs the inventory management and procurement capabilities they need to succeed. With our full, end-to-end solution, ordering dental supplies is straightforward and hassle-free.
Learn how Method Procurement's spend management solutions can improve your bottom line. Get in touch with our team today or request a demo to see it for yourself.