Your Enterprise Resource Planning (ERP) system is essential for your business. These systems provide an integrated view of core business operations, such as cash flow, orders and purchasing, payroll, HR, and more. More importantly, ERP systems allow healthcare systems to understand their finances and allow them to link supply-chain to revenue. After years of neglect, ERP systems are coming to the forefront of healthcare organization’s strategic plans and with that, the realization that their current system is antiquated and costing more money than saving. You have two options: Upgrade your ERP system or replace it.
An ERP system should enable efficiency and effective operations of your healthcare organization as well as accurately track supplies and provide clear insight into the financial management of the organization. If small inefficiencies are adding up, the hidden costs of an out-of-date ERP system become evident. Do you understand the ERP Lifecycle?
In the modern workforce, your employees may be mobile and need to access real-time information remotely. If your employees cannot access the system remotely or they have to dig for up-to-date information, then critical decision-making will be slowed. Healthcare organizations need business intelligence capabilities to know what areas of the hospital are doing well and which aren’t – and how to fix any issues as quickly as possible.
If any of the above applies to your organization, it’s time to update your ERP system. Having accurate, timely, and useful information is imperative to the financial health of your organization.
Optimum Healthcare IT has a dedicated practice focused on healthcare ERP systems to assist organizations with decisions like this. We have the expertise to help you determine what the right system is for your organization that fits YOUR unique needs. You don’t need to go about this alone.
If you are interested in learning more about our ERP services, please contact us today.