Financial Management>>

Streamline processes, increase productivity, and improve decision making

While the delivery of high-quality care is the number one priority for healthcare providers, finding ways to reduce the cost of care has become the number one imperative. ePartnersMD Financials Management solution, which is built on the Microsoft platform and integrated with Microsoft Dynamics ERP applications (Microsoft Dynamics GP or Microsoft Dynamics SL), streamlines processes, increases productivity, and improves decision-making in areas that are critical for healthcare providers.

  • General Ledger: The central nervous system for financial processes, the 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.
  • Accounts Payable: The Accounts Payable module 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 instant access to all vendor history, including checks, invoices, and purchase orders.
  • Bank Reconciliation: The Bank Reonciliation module is the intersection for all bank-related activity throughout the Core Financials, seamlessly integrating all cash, check and credit card transactions, tracking bank account balances and automating the monthly process of reconciling these accounts. By providing a straightforward, consistent approach to managing your bank transactions, Bank Reconciliation saves time, lowers administration costs and gives you tight control over this important business process.
  • Fixed Assets: The Fixed Assets module provides features to record, track, and report on capital assets. Highlights include unlimited books to help track assets for corporate, federal tax, alternative minimum tax, adjusted current earnings, and more. In addition, visibility to total control over asset retirement and transfer; and integration with Accounts Payable and Purchase Order Processing with full drill-down capability to the original vendor invoice is provided.
  • Advanced Budgeting and Forecasting: Microsoft FRx is a Web-based tool for creating and managing budgets and forecasts at any level. With FRx Forecaster, healthcare providers can shorten the budget cycle and generate more accurate financial forecasts. Highlights include automated workflow and planning coordination based on user-defined roles and rules.