The conventional dental procurement process involves the recognition and specification of need, determination of suppliers and the associated price and terms, placement of the order, delivery of supplies, inspection, invoice approval, and payment followed by record maintenance. The process is manual, cumbersome, and time-consuming with a lack of technology for ensuring efficiency and economies of scale as consolidation takes place. Both suppliers and dental organizations have been challenged in solving this problem in an efficient and cost-effective way.
Brandon and Fawad undertook detailed consulting and research and developed an out-of-the-box solution, the CureMint application, facilitating a streamlined e-procurement process using cloud-based technology; it is easy-to-use, curbs rogue spending, and delivers increased operational efficiency. It provides dental offices with their own organizational Amazon-style marketplace simplifying the procurement process overall to save time, and offering an approval/review system to curb spending, as well as, an opportunity to save money by ensuring the customers formulary is being fully utilized.
Any assistant at a dental office can use CureMint to conveniently place orders and purchase the necessary supplies without going to multiple supplier websites, phone calls, or sending a fax. Following the delivery of the supplies, confirmation of the shipped packages can be done through sending snapshots. CureMint’s integrations with the dental organization’s financial system allow the invoice data and the confirmation of the packing slips to be imported automatically while still following all business and accounting requirements.
CureMint balances the necessary freedom of the dental office with the controls desired for an effective centralized procurement process that results in more time for quality patient care
For a 20-practice organization spending over 700 hours a month on their supply chain, CureMint analyzed the procurement implementation, automation, and optimization of processes with technology and predicted that using the CureMint software could reduce the amount of time the organization spends on the supply chain by 76 percent. CureMint also ensures that despite employee turnover, the supply chain process remains consistent going forward.
Currently, CureMint is focused on onboarding its initial customer base while further optimizing the application from their feedback. Their long-term goals are to continue building their overall integration ecosystem as customer demand increases. “Never satisfied with what we have, we are constantly striving for excellence and will continue to build out the features of the app to meet the demand of the customers,” concludes Fawad, the co-founder and CTO of CureMint.