CureMint | Top 20 Procurement Solution Company - 2019
CureMint®: Increasing Operational Efficiency for Dental Organizations
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CIOREVIEW >> Procurement >> CureMint

CureMint has been recognized by CIOReview Magazine as the recipient of “Top 20 Procurement Solution Companies - 2019,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Brandon Patrick McCarty, Co-Founder & CEO.

CureMint
Increasing Operational Efficiency for Dental Organizations

CureMint

Brandon Patrick McCarty, Co-Founder & CEO
A majority of industries today have moved away from archaic procurement and supply chain processes in an effort to optimize workflows, lower costs, reduce errors, and improve productivity. However, the healthcare sector—and, in particular, the dental industry—still takes a backseat when it comes to adopting e-procurement solutions. This is primarily due to an industry that is just beginning to mature; where such investments play a significant role in impacting their bottom line. As a result, dental practices lack an efficient e-procurement mechanism for need identification, invoice approval, and payment processing. To address this innovation gap, CureMint® was founded. The company developed the first-of-its-kind, all-in-one marketplace and spend management software that is specifically tailored for dental organizations. “The idea was to build a platform that not only centralizes the e-procurement process but also the supply chain process, bringing about efficiency in business transactions for both the supplier and dental organization,” explains Brandon Patrick McCarty, co-founder and CEO of CureMint®.

Replacing conventional paper-based and email processes that were used to manage procurement transactions with CureMint’s eProcurement software, dental organizations have been able to increase operational efficiency significantly. With the help of the software’s dental specific intuitive interface that can be used without prior training, a dental assistant can manage their organization’s purchasing and sourcing processes. In addition, the platform works closely with dental vendors to ensure efficiency gains and visibility are occurring for both sides CureMint® empowers dental practices to gain real-time control over their budgets by delivering meaningful insights into purchasing behavior and stop rogue spending before it begins. “Without investing a significant amount of time and resources, dental practices can make better business decisions and increase profit,” says McCarty.

This software is especially a boon for smaller dental organizations that do not have a dedicated procurement department and rely on a single employee to manage purchasing supplies, among other duties.

For this reason, the CureMint® team’s focus always lies in reducing the complexity associated with e-procurement operations; “so that a dental assistant can love using the system as much as the CFO and procurement manager,” states McCarty.

In one instance, McCarty mentions how CureMint® helped a client consolidate and bring visibility to their organizational spend. The client was preparing for aggressive business expansion and anticipated that its 10 offices in different locations would grow to over 30 within a year. However, each of their branch offices was using separate supplier accounts and payment terms to transact with the vendors. Thus, the vendors failed to realize that all the different offices belonged to the same organization. Consequently, the pricing was disorganized and the client’s management team lacked visibility into their procurement processes. With CureMint’s help, the client was able to consolidate its procurement processes into a single platform and effortlessly keep track of their formulary while negotiating better terms and pricing. More importantly, they were able to increase productivity based on the insights gained from their spending behavior.

Over the years, CureMint® has been carefully considering the demands of its customers and implementing features to accommodate such requests. This can be further emphasized through the company’s rapidly growing customer base, which increased from less than 10 to over 120 in a year. CureMint® intends to leverage this momentum and expand its reach while remaining focused on enhancing its e-procurement platform. “We want to customers to touch and feel the impact of our system rather than unproductive demos and talking; this means onboarding clients in minutes, an accomplishment that has not been achieved by any of our contemporaries so far,” notes McCarty. With a zealous mindset to transform purchasing and sourcing processes into an organizational advantage for dental organizations, CureMint® intends to eliminate the complexity associated with e-procurement and make its platform accessible to all.

Top 20 Procurement Solution Companies - 2019

Company
CureMint

Headquarters
Durham, NC

Management
Brandon Patrick McCarty, Co-Founder & CEO

Description
The initial and all-in-one market place and spend management software that is designed specifically for the unique needs of dental practices. With the company software, dental practices enjoy their own organizational Amazon where only the predetermined products are offered, controlling when those products can be purchased and by whom. CureMint is very simple to use, as there are only three steps to access it. Sign-up; identifying the number of practices the enterprise have, entering each physical address, and then sending an email invitation to the staff, Enjoy; CureMint's cloud-based system allows everyone in the organization access through the removal of inefficient paper and email processes. SAVE; a source from multiple suppliers seamlessly through CureMarket, unlocking thousands in contracted savings and perks

Top 20 Procurement Solution Companies - 2019

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