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What is SpaceTRAX?

The SpaceTRAX platform provides a web-based approach for overseeing clinical inventories in a range of medical environments, such as cardiac cath labs, interventional radiology, operating rooms, and endoscopy/GI labs. This innovative real-time inventory management tool seamlessly links clinical supplies with physicians, patients, and the procedures they undergo. By presenting a current overview of inventory levels, SpaceTRAX empowers healthcare organizations to make data-driven purchasing choices based on actual usage trends. Users typically see a decrease of 5% to 15% in on-hand inventory within the initial six months, while also reducing unnecessary “just-in-case” purchases and minimizing items that remain unused. With precise data on supply usage, facilities can utilize this information to negotiate better deals with suppliers. Furthermore, SpaceTRAX improves charge capture by simplifying compliance processes for staff; they merely need to scan a barcode, and the system handles the rest. Its integration with hospital electronic medical record (EMR) systems allows for the direct relay of item charge data to billing systems, which can enhance charge capture by as much as 25%. In addition to optimizing inventory management, the use of SpaceTRAX fosters enhanced financial performance for healthcare providers, ultimately leading to a more efficient operational workflow that benefits both staff and patients alike.

What is OptionTrax?

By leveraging advanced technology, quality education, and committed support, we simplify the equity administration process for you. Whether you choose to take charge yourself or need extensive guidance from our expert team, OptionTrax® provides the ideal solution tailored to your requirements. Our services are designed to meet the distinct needs of both public and private organizations. Are you feeling overwhelmed by managing your equity plan? Is the pressure from compliance requirements and audits weighing you down? For nearly two decades, clients who have utilized the OptionTrax platform have successfully navigated audits conducted by some of the largest auditing firms globally. Are you still dependent on inconsistent spreadsheets to manage your cap table and equity awards? The OptionTrax system ensures you achieve strong control and accuracy, which translates to significant time and cost savings during audits. Imagine the increased productivity you could achieve with the time you currently spend correcting mistakes or handling outdated information. Additionally, you can say goodbye to the burden of tracking changing FASB, IRS, and SEC regulations, as our OptionTrax system seamlessly manages that aspect for you. While you concentrate on your primary business functions, allow us to take care of the intricate details of equity management, giving you peace of mind and the freedom to grow your business effectively.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Online Training

Company Facts

Organization Name

Securitas Healthcare

Company Location

United States

Company Website

www.securitashealthcare.com/solutions/inventory-management

Company Facts

Organization Name

OptionTrax

Date Founded

1992

Company Location

United States

Company Website

www.optiontrax.com

Categories and Features

Medical Inventory

Not specified

Categories and Features

Equity Management

Not specified

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