Straterp

Optimize Your Business with AI

Where Can AI Help My Business?

Discover exactly where AI can move the needle in your business — our free maturity assessment benchmarks your current capabilities and shows you where to focus first.

1942
Assessments
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1M+
Data Points
Analyzed
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Lucas Maguire
Admin
AI Maturity Dashboard - Sourcing & Supplier Selection
Thursday, 30 September 2022
1 Sep 22 – 30 Sep 22 ▾
Export Data
605 +12%
Savings Realization Rate
1,265 +47%
Maverisk Spend %
1,873 +46%
% of Spend on Contract
Formal Sourcing Transactions by Month
Filter
Last Year ▾
100 80 60 40 20 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Single-Source Dependency by Category
19,750 Total Single-Source Transactions
Professional Services
50%
Construction
20%
Non-Professional Services
30%
Walmart
ebay
airbnb
amazon
slack
Uber

Optimize by Methodology

We optimize using a continuous improvement methodology that evolves as your business succeeds.

Analyze

Analyze bottlenecks at the capability domain level for your core business processes.

Design

Identify, design, and prioritize AI solutions within your organization's AI Roadmap.

Deploy

Deploy AI solutions for each capability domain across your organization's core busines proceses.

Measure

Measure & monitor capability domain optimization using our AI Maturity Dashboards.

Optimize by Capability Domain

We optimize using a capability domain framework for the business processes your organization uses.

Procure-to-Pay Capability Domains

  • Requisitioning & Demand Management
  • Sourcing & Supplier Selection
  • Contract Management
  • Purchase Order Management
  • Goods & Services Receipt
  • Invoice Processing & Matching
  • Payments & Cash Management
  • Supplier Risk & Compliance
  • Data, Analytics & AI Governance
  • Change Management & AI Adoption
AI Maturity Dashboard
Procure-to-Pay
Live
87%
Touchless PO Rate
+12% vs last qtr
4.2%
Maverick Spend
−8% vs last qtr
94%
Invoice Match Rate
+5% vs last qtr
11d
Avg. PO Cycle Time
−3d vs last qtr
AI Maturity Score 72 / 100
Initial Developing Optimized ▲ Leading

Don't take our word for it,
listen to our customers

Dentistry
"

Straterp transformed our procurement process. We reduced maverick spend by 31% in the first quarter and our supply invoices now match automatically — our front office team got hours back every week.

Dr. Michelle Carter
Practice Owner, Bright Smile Dental
Dermatology
"

Our revenue cycle used to be a black box. With Straterp's AI Maturity Dashboard we can see exactly where claims are getting denied and why. Collections lag dropped from 9 days to just over 5 in two months.

Dr. Sarah Reynolds
Medical Director, ClearSkin Dermatology
Orthodontics
"

Managing long treatment plan billing across three locations was a nightmare. Straterp's O2C framework automated our payment plan tracking and cut claim rejections by 38%. I wish we'd done this sooner.

Dr. James Kim
Owner, Aligned Orthodontics Group
Periodontics
"

As a referral-based practice, we had zero visibility into our referral source ROI. Straterp built us a dashboard that tracks every referral through to collected revenue. Our surgical suite utilization went from 74% to 91%.

Dr. Thomas Park
Lead Periodontist, Premier Perio Specialists

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$1.2M
ARR
4,820
Accounts
94%
Retention

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