SureCost logo

SureCost

by SureCost · Since 2002
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Active1+ countriesCloud
Quick facts
VendorSureCost
Year launched2002
StatusActive
Location360 Central Avenue, Suite 800, St. Petersburg, FL 33701, USA
Countries served1+
Languages1
IntegrationsN/A
Free tierNO
Free trialNO
Contact salesYES

About SureCost

SureCost is a pharmacy procurement and supply chain management platform. It offers tools for purchasing, inventory management, and drug shortage intelligence to help pharmacies optimize costs, ensure compliance, and improve efficiency.

SureCost provides a specialized procurement and supply chain platform, SureCost Smart Supply™, designed for retail, long-term care (LTC), and health system pharmacies. The platform aims to centralize and simplify pharmacy operations by unifying purchasing, inventory, and supply intelligence. Its core components include Purchase Manager™, which allows for side-by-side vendor price comparison and one-click ordering from a network of over 350 suppliers; Inventory Manager™, for real-time stock tracking and automated replenishment; and Drug Shortage Insights™, a predictive tool to forecast and manage medication shortages. The system is designed to integrate with existing Pharmacy Information Management Systems (PIMS) to maximize GPO contracts and enforce compliance. Pricing is not publicly listed, requiring interested parties to book a demo. Support is available via phone and email.

Pros & Cons

Pros
  • Centralizes procurement from over 350 vendors into a single platform.
  • Provides side-by-side vendor price comparisons to optimize purchasing costs.
  • Includes predictive intelligence to forecast and manage drug shortages.
  • Automates contract compliance and invoice reconciliation to reduce manual work.
  • Offers a mobile app for managing purchasing and inventory on the go.
Cons
  • The platform is highly specialized for pharmacy procurement, limiting its applicability in other industries.
  • Technical support may be required for complex API configuration issues.
  • Requires administrative effort to maintain accurate vendor catalog data.
  • Implementation timelines can be lengthy for large health systems.
  • Relies heavily on the quality of data from connected vendor portals.

Features

Key features

Purchase Manager

Governs purchasing with side-by-side vendor pricing, one-PO ordering, contract compliance, and real-time price validation.

Inventory Manager

Provides real-time stock visibility, automated replenishment, transfer tracking, and cycle-fill accuracy across all locations.

Drug Shortage Insights

Predicts drug shortages with duration forecasting, confidence scoring, and vendor-agnostic alternatives validated against contracts.

Centralized Procurement

Manages all vendors, pricing, and purchasing from a single platform, connecting to over 350 trading partners.

Compliance Insights

Offers real-time pharmacy contract compliance and vendor performance visibility to track missed savings and purchasing impact.

Mobile App

Allows for mobile pharmacy purchasing and inventory workflow access for placing orders, checking prices, and managing supply decisions.

Additional features

One PO, One Click Ordering

Generates a single purchase order across all selected vendors to streamline the ordering process and reduce manual entry.

Strategy Guardrails

Recommends items that align with pre-set cost, compliance, and buyer preference rules at the point of purchase.

Invoice Reconciliation

Automatically tracks orders from submission to receipt and flags price variances before invoices are paid.

Automated Replenishment

Utilizes customizable low-stock thresholds and par levels to automate reordering and maintain consistent stock.

Inventory Transfers

Manages the movement of inventory between different sites with a full audit trail and real-time tracking.

Cycle-fill Accuracy

Improves the accuracy of cycle counts and reduces reconciliation issues for more precise inventory workflows.

Volatility Signals

Tracks supply instability across vendors in real-time to identify potential shortage risks earlier.

Substitution Modeling

Evaluates therapeutically equivalent alternatives with visibility into cost and contract implications before a purchasing decision is made.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

1
Countries served
1
Interface languages
1
Billing currencies

Available in

United States

Interface languages

English

Billing currencies

🇺🇸USD

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