Supply costs tracked
automatically
SupplyIQ parses your vendor invoices automatically and tracks supply costs in real time. Know your supply spend ratio, catch price increases from your distributors, and stop finding out about cost problems at year-end.
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SupplyIQ in action
See parsed invoices and price change detection, automatically
Amazon Business
Jun 28 · 12 line items extracted
$1,840.00
✓ ParsedNet32
Jun 22 · 8 line items extracted
$3,240.50
✓ ParsedAmazon Business
Jun 14 · 14 line items extracted
$1,920.00
✓ ParsedNet32
Jun 7 · 9 line items extracted
$2,890.00
⚠ Price changeSupported vendors
SupplyIQ parses invoices from these distributors automatically.
Everything SupplyIQ does for you
The supply cost intelligence your practice has never had before.
Automatic Invoice Parsing
Forward order confirmation emails from Amazon Business, Net32, and Google Workspace to SupplyIQ and the system extracts costs automatically. No manual entry, no spreadsheets required.
Vendor Price Change Detection
SupplyIQ tracks your cost per item over time and flags when a vendor increases prices. Know about a price increase from Amazon Business or Net32 within days, not quarters.
Supply Cost Ratio in Real Time
See your supply spend as a percentage of production in real time. Know whether you are inside the 5 to 7% benchmark or running hot before month-end closes.
Spend by Vendor and Category
Break down supply spend by vendor and product category. See exactly which distributor and which product type is driving cost increases.
Historical Spend Trends
Track supply costs over 12 months to identify seasonal patterns, catch creeping cost increases, and build a case for vendor negotiations.
FREM Integration
Ask FREM questions about your supply data. Which vendor had the biggest price increase? What is my supply cost ratio this month? Am I above benchmark? FREM has the answer.
Set it up in 5 minutes
One email forwarding rule. Then SupplyIQ handles the rest forever.
Forward Invoices
Set up auto-forwarding from Gmail for your order confirmation emails. One rule, set once, done.
SupplyIQ Parses
The system extracts vendor, items, quantities, and costs automatically from each invoice.
Track and Alert
View your supply spend dashboard and get alerted when prices change or costs run over benchmark.
Built for medical practices
Industry benchmark: supply costs should run 5 to 7% of collections.
Most medical practices find out their supply spend ratio at year-end, when it is too late to change anything. SupplyIQ shows you your ratio in real time so you can act while you still have options.
See the medical practice solution →Works alongside
Stop finding out at year-end.
Know your supply spend ratio today. Catch price increases this week. Make vendor decisions with real data instead of gut feel.
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