Vendor Management
Every vendor — and your own team — on one platform, with one standard.
Configure, monitor, and benchmark all PI vendors — SLAs, pass order, and data access in one place.
How It Works:
Vendor profiled with SLAs, access rules & pass order
Pareo distributes inventory & monitors submissions
Performance data feeds scorecards & invoice reconciliation
Pareo Delivers Value
%
Reduction in vendor coordination time
Saved per vendor data feed eliminated
%
Reduction in vendor data feed costs
Platform for internal + external programs
Key Functions Powering Vendor Management
Vendor Configuration
Setup profiles with contact info, contractual terms, data access, and audit type assignments.
Pass Order Configuration
Define priority sequence for inventory distribution — first-pass vendors get first selection rights.
SLA Management
Load SLAs per vendor and monitor compliance against timeliness, quality, and recovery targets.
Invoice & Credits
Reconcile invoices against actual recoveries and manage credits for reversed findings.
Data Access Controls
Granular permissions ensure vendors only see their authorized claim populations.
Internal Team as Vendor
Internal PI teams on identical workflows — direct cost-per-recovery comparison, no extra product.
“We’ve seen a 65% increase in efficiency, with each internal Vendor Manager being able to manage 3-4 more vendors than they could before we had Pareo."
“Pareo allows us to stack multiple vendors in the same space, eliminating overlap. This was a key time savings, as we used to check every claim manually to ensure there was no vendor overlap. This would take an audit analyst one minute or so per claim, time that has been mostly eliminated."
“The added insight into audits and vendor performance has allowed us to double recoveries each year since bringing in Pareo, with over $200M in added recoveries in total. Overpayments are likely also being recovered more quickly, as the system now automates a number of the steps."
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