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Midwest Vision Partners · Ophthalmology
Finance and payments rebuilt for a decentralized platform.
Midwest Vision Partners engaged Anqora to modernize finance, procurement and payments infrastructure across a rapidly growing, decentralized ophthalmology platform.
$1.8M
annual processing-fee savings
$500K+
annual AP-automation savings
The situation
What we walked into
Practices joined the platform with their own purchasing, payment processing and finance processes. Spend visibility was limited and card-processing costs were high.
HR and payroll ran on a platform that no longer fit the business.
What we did
Key actions
- Centralized procurement and vendor management.
- Implemented AI-enabled procure-to-pay automation.
- Rolled out Ramp corporate cards with policy controls.
- Implemented credit-card processing-fee surcharging.
- Replaced ADP with Paylocity for HRIS and payroll.
Outcomes
| Initiative | Result | Status |
|---|---|---|
| Payment-processing optimization | $1.8M annual savings | Delivered |
| AP automation | $500K+ annual savings | Delivered |
| Ramp corporate cards | Policy controls and spend visibility | Delivered |
| HRIS and payroll | Paylocity replacing ADP | Delivered |
Systems and tools: Ramp, Paylocity, procure-to-pay automation.
More results
Procurement and close rebuilt for a growing practice platform
$1.7M in savings and a month-end close cut from seven days to three to five.
One finance operating model across 32 acquired HVAC companies
$1.7M annual vehicle-lease savings, a national HVAC parts program and Ramp rolled out platform-wide.
Start with a four-week Portfolio Spend Diagnostic.
A ranked, sized list of cost and cash opportunities for one portfolio company, and a plan to capture them.