We believe knowledge inspires efficiency

Charter Schools Partner With Local Districts In Rural Areas

One size fits all is not a good formula for students. Smaller classroom sizes and an environment that caters to students that want to customize their education or have special needs is becoming more and more popular. The statistics confirm the success found in charter schools.

Below is an article from publiccharters.org that describes the challenges and benefits of a charter school. After reading the article, give us a call at SpendBridge so we can partner with you to manage any Accounts Payable and procurement needs at your institution.

Source: theatlantic.com | Re-Post SpendBridge 3/7/2018

One of the humblest school leaders I have met to date—Marcos Martinez, the chief executive officer and founder of Poder Academy—has achieved what few in the state of Wyoming have. Marcos found a way to not only open two of the four public charter schools in the entire state but did so in collaboration with the district, and in a state where over 35 percent of its population lives in a rural community. (more…)

Uber, But For Getting To The Hospital

As healthcare costs rise, missed appointments become more expensive for hospitals to absorb. To assist patients in making their appointments, hospitals and doctor’s offices are looking for ways to assist patients in meeting their appointments. Additionally, this benefits the patient for consistency in their treatment.

Below is an article from theatlantic.com that describes a creative way hospitals are making it easier for patients to avoid missing their appointments. After reading the article, give us a call at SpendBridge so we can partner with you implement creative cost-saving solutions in your Accounts Payable and Procurement departments within your organization.

Source: theatlantic.com | Re-Post SpendBridge 3/7/2018

The ride-sharing company Uber is launching a new service that will allow hospitals and doctors to book rides for their patients.

The new Uber Health dashboard, which has been tested by a beta group of about 100 hospitals and doctors’ offices since July, will allow medical and administrative staff to either call an Uber to the office to drive a specific patient home, or to dispatch an Uber to the patient’s house, with the option to schedule it up to 30 days in advance. The patient need not have the Uber app or even a working smartphone: The dashboard comes with a printable sheet allowing a doctor to circle the incoming Uber’s car color and write down the license plate. (more…)

Colleges Are Pushed To Stand Behind What They Sell With Money-Back Guarantees

Landing a job after graduation is every student’s goal. However, institutions rarely share in any of the risks to help a student achieve that goal. One creative way a school in New York is sharing the risk is by offering a guarantee of a job after graduation or repaying the student’s tuition.

Below is an article from hechingerreport.org that describes the need for some accountability for the student’s burden to sit with the school to ensure successful graduates and low default rates. After reading the article, give us a call at SpendBridge so we can help you implement strategies to better manage your procurement and accounts payable needs.

Source: hechingerreport.org | Re-Post SpendBridge 3/7/2018

Just outside the cavernous loft that serves as the campus of the Flatiron School, tourists line up to take selfies with the famous statue of a charging bull that symbolizes nearby Wall Street.

Free enterprise is also on display inside, where students work in teams and with instructors to learn coding, the kind of computer programming that makes possible websites, apps, and software. It’s a hot field with median pay of nearly $80,000 a year, according to the Bureau of Labor Statistics. (more…)

5 Questions To Ask Internal Stakeholders Before Changing Your Source-to-Pay Process

Change can be difficult, even if you know it will create a better outcome in the long run. Determining when change is necessary can be key in creating efficiencies and saving money. Additionally, making sure all of the key decision makers understand and support the change is a top priority.

Below is an article from paystreamadvisors.com that describes why it is necessary to get all stakeholders on-boarded in the organization’s procurement transformation. After reading the article, give us a call at SpendBridge so we can partner with you to help transform your accounts payable and procurement operation to be the most efficient it can be.

Source: paystreamadvisors.com | Re-Post SpendBridge 2/19/2018

Most of us, by default, are resistant to change once we are used to something. After a certain point, inertia kicks in and we sometimes resist change instead of adopting it for the good. The mind’s defense mechanism starts finding reasons, some rational and some completely irrational, for wanting to continue things the way they were in the past. (more…)

Study Finds Huge Price Swings At Minnesota Hospitals

Determining what the cost of a medical procedure can be very challenging. However, with rising costs, people are finding it necessary to “shop” various providers to find the lowest price for the service they need. Research estimates pricing failures from the lack of transparent information on health care costs contribute more than 14 percent to waste or inefficiency in today’s health care spending.

Below is an article from healthcaredive.com that describes the need for transparency to lower waste and the discrepancy between facilities for the same procedure. After reading the article, give us a call at SpendBridge so we can discuss how we can help you to better manage your accounts payable and procurement process allowing you to provide the best service to your patients.

Source: healthcaredive.com | Re-Post SpendBridge 2/19/2018

Dive Brief:

New research released by the Minnesota Department of Health finds wide swings in prices for several common medical procedures.

While the average cost of a total knee was $23,997, prices paid to Minnesota hospitals ranged from $6,186 to a high of $46,974 — an eightfold difference. The lowest to highest prices for cesarean section deliveries — $4,693 versus $22,831 — represent a five-fold difference. (more…)

Has UMUC Turned Enrollment Woes Around

Finding the best way to distribute your message to the right people can be challenging. Colleges and Universities are finding that they need to focus on techniques such as open educational resources, improving to the student experience, using digital marketing and finding a more effective use of data analytics to locate the right students for their institution.

Below is an article from insidehighered.com that details how UMUC was able to implement some strategic initiatives to turn around the decline in their enrollment to record enrollment. After reading the article, give us a call at SpendBridge so we can help you implement strategies to better manage your procurement and accounts payable needs.

Source: insidehighered.com | Re-Post SpendBridge 2/19/2018

The University of Maryland University College, one of the oldest distance education providers, was created after World War II with a mission to educate veterans and those in active service. The university stationed faculty members at military bases overseas, and ran correspondence programs, before becoming an early adopter of online learning. Serving the military, UMUC says, is “in its DNA.” (more…)

Body Cameras Increase Satisfaction And Creates Savings For The Las Vegas Police Department

Many times job satisfaction isn’t just in a paycheck. Since turnover is very expensive, creating an environment where individuals feel safe and have the tools they need for success is crucial to keeping an employee long-term.

Below is an article from statetechmagazine.com that describes how the Las Vegas Police Department is finding increased job satisfaction by having access to body cameras. After reading the article give us a call at SpendBridge so we can assist you in our partnership with Government to implement a procurement and accounts payable process to best meet your needs.

Source: statetechmagazine.com | Re-Post SpendBridge 2/19/2018

Body cameras are quickly becoming commonplace on police officers. Buoyed by the Justice Department’s decision to allocate more than $23 million in funding for bodycam implementation, nearly one-third of the 18,000 state and local police departments in the U.S. have adopted the technology, according to TIME. They hope the tech can increase accountability and help to de-escalate situations. (more…)

Performance Pay System Leads To Small Gains In Student Learning

In corporations, a person is rewarded based on performance. However in education many times these rewards are not provided. Research is showing that with the implementation of a Teacher Incentive Fund (TIF) students perform slightly better in reading and math when their teachers receive performance-based bonuses.

Below is an article from educationdive.com that provides evidence that a TIF program is having a positive effect on student learning. After reading the article, give us a call at SpendBridge to learn how we can help you implement a procurement and accounts payable process that will help reduce operating expenses to put more dollars back into the classroom.

Source: educationdive.com | Re-Post SpendBridge 2/19/2018

Dive Brief:

A final evaluation of the Teacher Incentive Fund (TIF) finds that students perform slightly better in reading and math when their teachers receive performance-based bonuses. (more…)

Lessons from Learning Science – Making Schools More Personalized

Source: hechingerreport.org | Re-Post SpendBridge 2/8/2018

Some of the most celebrated education reform efforts today serve to make instruction more difficult. Personalized learning, project-based learning, mastery-based learning – they all require more work of teachers and more work of students.

But several speakers at the LearnLaunch Across Boundaries conference on education technology and innovation, held last week in Boston, argued that these reforms are not simply trends that will come and go, but the evolution of an education system that, in the scope of human history, is still quite young. (more…)

Matching Invoices to Contracts – The Cure for Contract Leakage

Leveraging a business network to automate the matching of order, invoice and contract data represents a huge advance in transaction processing. This includes a strategy of buying from the right suppliers at the right price.

Below is an article from sdcexec.com that describes the benefits of transaction processing. This approach helps organizations better manage their spending and enforce contract compliance, especially for non-PO invoices. After reading the article give us a call at SpendBridge so we can partner with your organization to implement transaction processing in your organization.

Source: sdcexec.com | Re-Post SpendBridge 2/1/2018

How can companies ensure that their employees are buying from the right suppliers at the right price?

In the world of accounts payable, approving invoices that don’t conform to contract terms may be an epidemic. While procurement may do a good job of negotiating contracts with suppliers, someone needs to be the enforcer. How can companies ensure that their employees are buying from the right suppliers at the right price, eliminating contract leakages that could cost an organization tens to hundreds of millions of dollars each year? (more…)