Manage Challenges in the Hospital Industry with an ERP System
ERP for healthcare industry is very useful when it comes to managing core business activities like inventory, resources, business partner relationships, and finances. For the integration of core and support services and back-office activities, various hospital departments require integrated systems.
Healthcare providers grapple with the need to fulfill two major goals – deliver quality care to patients, and reduce costs significantly. Eliminating clinical errors and boosting the efficiency of care providers are two of the biggest reasons for the implementation of ERP systems in healthcare.
SAP Business One helps streamline every process from operations, finance, procurement, care to inventory – efficiently maintaining business operations, ensuring quality, tracking costs and accounting, facilitating the inventories. Hospitals consistently need to invest in and adopt the latest technologies in the market to ensure improved customer service and less operational costs.
SAP Business One ERP Software – Key Functionality for Hospital
Inventory and Traceability Management
Inventory module simplifies the tracking of stock levels of pharmacy, consumables among others across multiple sites. Users are enabled to issue and receive goods as well as transfer, return or even discard of goods in multiple unit conversions. Has powerful batch expiry management of inventory. From a warranty claim or safety concern, one can trace the batch back to the correct supplier.
Purchasing, Demand Planning and Supply Chain Monitoring
Delivers real-time information on the shipping, sales, and value chain departments – keeping an eye on the supply, demand, distribution, and logistics. Have greater, real-time insight into supply bottlenecks while eliminating siloed data by ensuring purchase requests are delivered within defined lead times. Allows you to maintain location wise safety and re-order levels ensuring your locations neither understocked nor over stocked and in turn reducing cost of holding stock.
Sales and POS
Sales module covers the processes of selling of goods and services with the help of customer-wise order management. This module is linked with the inventory module so inventory levels are updated after every successful consumption. The integrated POS system ensures timely sales billing.
Accounting module helps users in keeping track of all their accounting transactions and enables them to make better decisions. Improved financial reporting with real-time information from all departments including costing, profitability, credit exposure, cash flow, trends, budgeting, fixed assets and period end reporting.
Analytics module can play a vital role in transforming your data into powerful decision making tools. With AI-based predictive analytics, this module can help in employing the right procedures to improve efficiency and productivity. The provision of complex metrics in the form of data visualizations can also help users in making better decisions.
Various core patient care solutions are available to improve patient experience including patient management, outpatient, in patient, operations, etc that generally have very weak backoffice functionality. SAP Business One can be integrated with such and other solutions to eliminate duplication and improve controls.
Maintenance and in-house service of all equipment. Maintain preventive maintenance schedules and ad hoc repairs job cards integrated with inventory and purchasing for sub contracted maintenance. With visibility of the usage plan, one can minimise downtime to operations.
Regulatory Compliance and Reporting
Manage exceptional events with automated workflow and alerts. Get forward and reverse traceability with automated recall capabilities. Have security audit tracking, archives of historical transactions & electronic signature approvals. Easily define the process validation and generate report as per compliance.
Resource Planning and Budgeting
Manage your resources gaining complete control over open issues, documents, attachments, and various activities to avoid risks and stay competitive. Resources must not only be carefully planned but, also executed on time and within budget. With this extension, you can manage high-level planning, budgeting of material, equipment, labour, and sub-contracting to name a few.