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.
General Ledger
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.
Accounts Payable
Accounts Payable. The department everyone ignores (and often underappreciated) 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.
Fixed Assets
Does finding a fixed asset product that you can tailor to your own health system's business needs mean sacrificing a robust, up-to-date system that enables you to easily control, analyze and report depreciating assets?
Not if you choose the newest member of the MediClick for Financials family.
MediClick for Financials-FA provides substantial flexibility in accommodating the depreciation methods and accounting policies used by most health systems. Additionally, for-profit entities will also be able to ensure compliance with all of the current and updated tax and depreciation laws.
With flexible sort and filter capabilities, you can display or report depreciation for any period of the fiscal year at any time.
The product has unparalleled import and export functionality as well. You can send quick reports to PDF and downloads to Microsoft Excel. You also have the ability to import assets into the system from external spreadsheets. The product even enables you to upload images of assets you're tracking.
MediClick for Financials-FA will also interface with other MediClick for Financials products.