In today’s rapidly changing world of technology and business, “Hack-A-Thon” has emerged as a buzzword for innovation, collaboration, and customer-centric solutions. Our organization is constantly exploring new ways to achieve our goal of developing products that drive our customers’ success, and the Hack-A-Thon is just one of the many avenues we pursue toward that end.
The concept of breaking down silos is not merely a buzzword; it’s a strategic move that defines the culture of forward-thinking organizations. Our decision to break our Product and Development teams out of their traditional confines was driven by a commitment to our core values: Innovate, Collaborate, and remain Customer-Obsessed.
At the heart of our endeavor lies a commitment to addressing common pain points experienced by our customers. Each team, with a razor-sharp focus, identified specific issues that resonate with our user base. Our result? A concerted effort to craft solutions that go beyond conventional problem-solving.
Driving Real-Time Solutions
The magic of a Hack-A-Thon lies in its ability to produce real-time solutions. We aren’t just talking about innovation; we are delivering tangible results. The collaboration between our Product and Development teams serves as a bridge, connecting our customers with dynamic, data-driven solutions.
In our pursuit of excellence, each team harnessed the power of innovative technologies such as AI (artificial Intelligence), Machine Learning, and Natural Language Processing. True to our ethos of automation, these technologies were not just integrated but became the backbone of the solutions presented. This is not innovation for innovation’s sake; it is about leveraging technology to enhance the customer experience. Each team focused these efforts on specific pain points from reporting enhancements and automations to GL (General Ledger) coding efficiencies.
Efficiency is not an afterthought; it is a fundamental outcome of our Hack-A-Thon initiatives. The innovative solutions presented by both teams aim not only to meet but exceed customer expectations. By reducing friction within our products, we empower our customers to save valuable time and resources.
And the Winner Is…
While this year’s Hack-A-Thon did result in a winner, the true victory lies in the collective elevation of our views and goals. As our CEO aptly stated, “Ultimately, this is a win for all of us – our customers and our organization.” The Hack-A-Thon is not a competition within our teams; it is a collaboration that propels us all forward.
Our Hack-A-Thon is not just an event; it is a manifestation of our commitment to pushing the boundaries of what is possible. By bringing together our Product and Development teams, we amplify our capacity to innovate, collaborate, and, most importantly, serve our customers better.
Due to the Hackathon, supported by AWS, Procurement Partners has developed six new AI/ML offerings, two of which focus on Generative AI and Bedrock technology. Recognizing the significant potential in utilizing a low-code AI/ML platform like SageMaker Canvas, Procurement Partners has crafted solutions aimed at enhancing demand prediction, churn prediction, inventory forecasting, and refining shipping timeline predictions. Additionally, they have produced two prototypes centered on bedrock and generative AI technologies, incorporating chatbots and enhancing search capabilities within their healthcare commerce platform.
As we reflect on the success of this year’s first event, we anticipate even greater strides in the relentless pursuit to put the power of time and resources back into the hands of our care providers.
Our Proud Sponsors
Procurement Partners’ 2023 Hack-A-Thon was held in November with the support of our sponsors Amazon Web Services (AWS) and Mission Cloud. Both sponsors contributed funds and professional advice to our teams, inspiring innovation and creativity. Their commitment to sustainability aligns with our mission, and we are grateful for their partnership.
Looking to Reduce Your Annual Spend?
Procurement Partners helps customers reduce their annual spend by more than 10% with an easy-to-navigate procure-to-pay solution where users can place orders and process invoices for all suppliers. Procurement Partners is the leading procure-to-pay management system for post-acute, non-acute, and continuum of care providers and has helped organizations achieve 40% time savings and 95% supplier contract compliance through automating the procure-to-pay process.
