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RxDelta

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Description

Ledge is a finance operations platform driven by AI, aimed at assisting finance teams in streamlining and expediting their month-end closing processes and managing high-volume operational tasks. Instead of relying on spreadsheets for each cycle, Ledge’s smart agents take the initiative to automatically fill in reconciliations, journal entries, cash application matches, and working papers by utilizing data from interconnected bank, ERP, billing, and payment processing systems, ensuring that when your team accesses the checklist, a significant portion of the groundwork is already laid. It enables ongoing account reconciliation, daily cash application, and features a close checklist that functions like an intelligent workbench; pre-completed tasks simplify the process, exceptions are highlighted, approvals are monitored, and audit trails connect every item back to the original transactions. Consequently, finance teams can transition from a reactive, last-minute rush at the end of the month to a more proactive and insightful review process that is context-rich, robust in controls, satisfying for auditors, and conducive to timely decision-making. This shift not only enhances efficiency but also contributes to a more strategic approach to finance management.

Description

RxDelta is an automated solution designed for billing reconciliation specifically tailored for independent retail pharmacies and small pharmacy groups across the United States. Each month, pharmacies process thousands of claims and procure numerous items from wholesalers, yet discrepancies frequently arise between these two processes. Issues such as mismatched NDCs, quantity discrepancies, and lower reimbursements from PBMs can make manual reconciliation a daunting and time-consuming task, often taking several hours in spreadsheets. With RxDelta, pharmacies can quickly upload their billing exports and wholesaler invoices, allowing the software to meticulously match them on a line-by-line basis according to NDC and package size. In under three minutes, users receive a comprehensive reconciliation report highlighting NDC swaps, shortages, overages, and instances of reimbursements falling below acquisition cost, categorized by PBM and BIN. RxDelta is compatible with a variety of pharmacy management systems, including PrimeRx, Liberty, PioneerRx, Rx30, Computer-Rx, BestRx, QS/1, and McKesson Pharmaserv, and it can also work with any platform that offers CSV or Excel export options. The service begins at just $199 per month for each pharmacy, and there are no long-term contracts required, making it an accessible option for those looking to streamline their billing processes. Ultimately, RxDelta not only saves time but also enhances accuracy in financial reporting for pharmacies.