GHX ePay Delivers Big Savings for Large Medical Device Manufacturer

Upon discovering that credit card fees from customer payments were one of the largest selling general and administrative (SG&A) costs, a large medical device manufacturer embarked on a program to address this area of significant margin erosion, implementing GHX ePay. The first year resulted in cost avoidance and hard dollar savings over $20M from reduced credit card fees and DSO stability.