This article discusses the modern, dynamic, and business user friendly financial reporting options available for Healthcare organizations using Sage 100.
It has been a while since I have blogged, and in that time, I have had several great opportunities to talk to finance and accounting professionals, as well as executives, about their Business Intelligence (BI) and Corporate Performance Management (CPM) needs. Some of these conversations happened at BI360 Focus 2016, some of these manifested as one-off conversations, and one even occurred on a flight to Portland. Lately though, it seems like I have not only been in conversation with more healthcare professionals, but I’ve also found myself personally and professionally curious about this industry. The healthcare industry seems to be one of the most complex and regulated sectors – and for good reason obviously, but the effect it has on financial reporting requires sophisticated, yet business user friendly BI tools. The best financial reporting tools for Sage 100 users offer Healthcare-specific data management that produces the necessary financial reporting and/or dashboards.
This blog article will focus on modern financial reporting with Sage 100. I’ll first discuss the bigger picture of what you should be looking for to achieve your financial reporting and analytical objectives. Then, I’ll zoom in on the financial reporting modules delivered by certain, more dynamic products that can enable Healthcare organizations to produce traditional financial statements, meet regulations, and present information to key stakeholders and decision-makers.