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6 Reasons Your Healthcare Company Should Use Sage Intacct ERP
As a healthcare company, you have unique accounting and financial systems needs. You need software that can handle the complex billing and reimbursement procedures and HIPAA compliance required by the industry and manage the many different types of financial transactions associated with providing healthcare services.
What Is Sage Intacct ERP?
Sage Intacct ERP is the leading cloud accounting software for healthcare businesses. The software offers a complete set of financial management and ERP capabilities delivered through a secure, scalable, and extensible platform. Sage Intacct also provides real-time visibility into business performance, enabling businesses to make informed decisions and drive growth.
Sage Intacct ERP’s core accounting functionality includes journal entries, general ledger, accounts receivable, accounts payable, revenue recognition, project accounting, fixed assets, and cash management. In addition, Sage Intacct provides powerful tools for managing inventory, orders, quotes, contracts, and billing. The software also offers extensive reporting and analytics capabilities.
Blytheco is the partner of choice for companies looking to implement or upgrade their Sage Intacct ERP system. We have over 40 years of industry experience and are an award-winning Sage partner.
6 Reasons Why Healthcare Companies Should Use Sage Intacct ERP
While there are many different ERP solutions on the market, Sage Intacct ERP is uniquely positioned to meet the needs of healthcare organizations. Here are six reasons why health care companies should consider using Sage Intacct ERP:
1. HIPAA Compliant Software
When it comes to healthcare, there are a lot of compliance regulations that companies have to follow. One of those is HIPAA. And if you're in the healthcare industry, you know just how important it is to comply with HIPAA. But what you might not know is that there are software options out there that can help you stay compliant. And one of those options is Sage Intacct.
Sage Intacct ERP provides healthcare companies with software that helps them meet all HIPAA compliance requirements. Sage Intacct software is designed to help companies keep track of patient data, manage financial information, and more. Because Sage Intacct offers a variety of features, the software can be tailored to fit the needs of any healthcare company.
2. Automation
Sage Intacct ERP is a cloud-based financial management software solution that delivers robust accounting, reporting, and compliance functionality to healthcare organizations of all sizes. The software's automation capabilities enable healthcare finance teams to streamline workflows and improve efficiency.
In addition to its core accounting and financial management features, Sage Intacct software also offers specialized tools for managing healthcare revenue cycle operations. These tools include a claims management module, which automates the claim submission process; a denial management module, which helps finance teams track and resolve denied claims; and a collections management module, which streamlines the collections process.
Sage Intacct ERP is flexible and scalable making it an ideal solution for healthcare organizations looking to improve their financial management processes.
3. Easy 3rd Party Integration
When it comes to third-party integration, healthcare companies have unique needs. They must be able to connect to various systems, including those for patient records, billing, and scheduling. And they need to do so in a secure and compliant way with HIPAA regulations.
Sage Intacct ERP was built from the ground up with easy third-party integration in mind. The platform uses industry-standard APIs to connect to any system, whether on-premise or in the cloud. It offers pre-built connectors for popular applications like Salesforce and Microsoft Dynamics GP, and our partner ecosystem includes leading providers of healthcare-specific solutions.
With Sage Intacct ERP, you can easily exchange data with any system, ensuring that your critical business processes are always up and running. And because the platform is cloud-based, you can make connections and exchange data in real-time, without the need for expensive and complex middleware.
4. Custom Reporting Features
Healthcare organizations today are under immense pressure to improve operational efficiency and control costs. In order to meet these challenges, many healthcare organizations are turning to cloud-based solutions like Sage Intacct ERP which offer advanced reporting capabilities.
With Sage Intacct, healthcare organizations can create custom reports and dashboards to track key financial metrics and KPIs. Additionally, Sage Intacct provides real-time visibility into financial data, which can help healthcare organizations make better-informed decisions about their business.
Sage Intacct ERP’s Custom Reporting feature offers a number of advantages for healthcare organizations, including the ability to:
- Create custom reports and dashboards: With Sage Intacct, healthcare organizations can create custom reports and dashboards to track key financial metrics and KPIs.
- Sage Intacct provides real-time visibility into financial data, which can help healthcare organizations make better-informed decisions about their business.
- Generate reports in multiple formats: Sage Intacct’s Custom Reporting feature allows healthcare organizations to generate reports in multiple formats (PDF, Excel, CSV, etc.), which makes it easy to share reports with stakeholders.
5. Easy to Share Information
Sage Intacct ERP provides healthcare companies with easy to share information. Sage Intacct is a secure, cloud-based accounting software that helps companies manage their finances and operations. It offers a variety of features designed to make financial management easier, including:
- A centralized database that stores all of your company's financial data
- The ability to create customized reports and dashboards
- Integration with other business applications, such as CRM and ERP software
- A user-friendly interface that makes it easy to navigate the software and find the information you need
6. Access Data from Anywhere
Sage Intacct’s cloud-based platform gives users the ability to access data from any location. This is important for healthcare companies because they often have employees who work remotely or in different locations. Sage Intacct’s mobile app also allows users to access data on the go.
If you are a healthcare company looking for an ERP system that is HIPAA compliant, easy to use, and has great custom reporting features, Sage Intacct ERP may be the perfect solution for you. With the ability to access your data from anywhere, it’s easier than ever to make sure your business is running smoothly.
If you're looking for a comprehensive ERP solution that can save your health care company time and money, look no further than Blytheco. Our team of experts will work with you to tailor a solution that meets your specific needs, and we're always available to provide outstanding customer service.