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Financial Management
Financial Management
 
 

STRENGTHS - Financial Management for Healthcare

  • Provide Strong financial controls and audit trails
  • Shorten the budget cycle
  • Create and manage budgets and forecasts at any level
  • Record, track and report on capital assets
  • Process payables efficiently
  • Deliver Reports customized to answer specific business questions 

With Healthcare Accounting Software powered by Microsoft Dynamics GP, healthcare organization will have the strong financial controls they need to manage financial processes, drill down into summary information, and track non-financial statistical data.  Powerful budgeting and forecasting tools can help healthcare providers shorten the budget cycle and generate more accurate financial forecast. 

Healthcare Accounting Software also provides features that help enable healthcare providers to track and analyze extensive vendor information, process payables efficiently, and make the most of vendor discounts while maximizing cash flow.  Further, fixed asset management capabilities provide features for recording, tracking and reporting on capital assets. 

General Ledger - The central nervous system for financial processes, the Healthcare Accounting Software, General Ledger module offers strong financial controls and audit trails, the ability to drill down from summary information to the corresponding details, and unit accounts for tracking non-financial statistical data. It also provides the flexibility to adapt to changing needs along with new process controls to ensure accuracy and consistency.

Financial Reporting - Microsoft FRx®, uses a spreadsheet-like interface to deliver the ultimate in report design flexibility. Powerful row, column, and reporting tree building blocks make it easy to construct new reports that are customized to answer specific business questions. Reports can be automatically distributed by e-mail, printed, viewed on screen, exported to a Microsoft Office Excel® or published to the Web. FRx also offers exclusive drill-down functionality that enables users to access actual source documents. With Analytical Accounting, financial transactions can also be classified, reported, and analyzed in multi-level reports displayed in Excel for easy manipulation and integration.

Budgeting and Forecasting - The FRx Forecaster module is a web-based tool for creating and managing budgets and forecasts at any level.  With FRx, healthcare providers can shorten the budget cycle and generate more accurate financial forecasts.  This includes automated workflow and planning coordination based on user-defined roles and rules. 

Accounts Payable - Healthcare Accounting Software, Accounts Payable enables healthcare providers to track and analyze extensive vendor information, efficiently process payables, and make the most of vendor discounts while maximizing cash flow.  With Accounts Payable, healthcare administrators have instance access to all vendor history, including checks, invoices, and purchase orders.   

Fixed Assets - The Healthcare Accounting Software, Fixed Assets module provides features to record, track and report on capital assets.  This includes unlimited books to help track assets for corporate, federal tax, alternative minimum tax, adjusted current earnings, and more; total control over asset retirements and transfer; and integration with Accounts Payable and Purchase Order Processing with full drill-down capability to the original vendor invoice.  

 Healthcare Accounting Software powered by Microsoft Dynamics GP

 Keywords:  Healthcare Accounting Software, Health care, Financial Management, Budgets, Forecasts, Reports, Physician Accounting Software, Dynamics Medical Software, healthcare management software

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