The decision to buy or upgrade an ERP system –such as
Flexible chart of accounts structure to meet reporting requirements
Make sure the system you implement allows for flexibility as your organization grows. How you structure your chart of accounts will ultimately decide how you report data, so it is crucial that you are not locked into a system that does not account for growth. This will also allow you to more easily respond to changes in Medicare and Medicaid reporting.
Integration to 3rd party Healthcare Billing
Make sure the package you select allows for easy integration to your billing and/or EMR software. Make sure your new ERP solution allows for large volumes of data and can be automated
Fixed Asset Management capabilities
Contains Robust Budgeting tools
As your facility grows, you will need sophisticated tools to budget revenue, capital, and payroll, and to compare budget to historical averages. Make sure the solution you select has flexible budgeting tools that can be easily and securely accessed, and can be exported into the reporting formats you need.
Handle Requisitions and Encumbrances
Your facility likely will need to create and track requisitions in your new system. Make sure your new solution has an approval hierarchy structure, the ability to create management reports to help with commitments and tracking, and integration with Purchasing.
The solution you select must be able to support projected long-term growth as well. Dynamics GP will facilitate faster growth, and is powerful enough to grow with you.
By Intellitec Solutions,