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Not all general ledgers are created equal
We’ve all heard it, “A General Ledger is
a General Ledger.”
We disagree.
With MediClick for Financials you can monitor hospital
performance – daily,
weekly, monthly, quarterly, or yearly. Track budgets. Analyze historical
data and performance statistics. Manage multiple reporting cycles. Project
spending amounts. Deliver that report to the CFO. Locate that one additional
detail the auditors need before they sign off. And on and on.
Yes, all
General Ledgers fulfill the same basic function. But – and
it’s a big but – there’s an enormous amount of valuable
data to be gleaned from your General Ledger. The MediClick
solution is the way to get at it, quickly, from any direction
you choose.
The point is that MediClick for Financials, particularly
when integrated with MediClick for the Suppy Chain, provides you and hospital administrators with accurate, timely,
relevant and accessible information. And better information most certainly
equals better decisions.
Electronically. Efficiently. And, because there’s
no investment in hardware – cost effectively.
We know the buck stops here
Accounts Payable. The department everyone ignores (and
often underappreciates) except when there’s a problem.
Are you the
only one who understands that millions of invoice lines to be processed and
paid means millions of opportunities for errors?
MediClick understands.
Our solution was developed with precision in
mind.
Let’s say that vendors aren’t getting paid
on time and therefore the hospital isn’t earning payment discounts.
MediClick provides a number of efficient mechanisms for getting invoices
into the system quickly. With an automatic three-way match, AP clerks
work only the exceptions. And, with access to MediClick for the Supply Chain, discrepancies
are quickly resolved.
MediClick for Financials also enables users to: match Purchase Orders with paid
invoices, maintain separate purchasing and AP data, ensure that prices
are accurate and that all discounts and rebates have been credited, create
and store vendor records, and create meaningful reports on everything
from purchase commitments to vendor performance statistics.
The list of
capabilities and functions is long and impressive, but it all comes down
to this: MediClick for Financials, especially when integrated with MediClick for the Supply Chain, automates and streamlines
your processing and payment functions and provides important data on
a timely basis.
Now, that’s what we mean by manageable.