If there is an ongoing issue shared by hospitals that have already implemented PeopleSoft Human Capital Management, it is how they will continue to evolve. Hospitals that have successfully integrated Enterprise Resource Planning software throughout the organization must still adjust their staffing levels, sometimes daily, based on seasons, migration patterns within regions, and the typical ebbs and flows of the economy. Recently, maintaining adequate staffing levels to ensure patient safety has become a more …
Oracle Innovates: PeopleSoft HCM 9.2 Upgrade
The world of healthcare advances every day. New techniques and treatments developed through research open doors to better care for patients. Managing these advances is an important facet of quality medical care. Hospitals nationwide find Oracle PeopleSoft Human Capital Management a valuable tool to assist their Human Resources departments. Oracle’s continual commitment to innovation matches the needs of the developing healthcare industry. …
Oracle Update: HCM Cloud
Since its inception nearly forty years ago, Oracle software has developed into a leader in database technology and applications. Now it’s stepping into the cloud. Oracle’s HCM Cloud services offer a variety of management tools to assist today’s world of Human Resources. Managing the required rules and regulations that govern employee/employer relations is in itself a daunting task. On top of that, …
Cut Hospital Support Costs through Proper ERP Optimization
Many times, hospital support costs are a gray variable in otherwise smooth operations and financial management of hospitals. Support services are a needed part of quality health offerings, but complicated business relationships, reporting and regulation requirements, and different constituents reduce the positive impact of hospital support services. While the issues involved in information and systems management between a hospital and its support …
Better Hospital Supplier Management through Real-Time Feature
Streamlined hospital supplier management doesn’t just improve operational efficiency, it also ensures patient need is first priority. PeopleSoft automates hospital supplier management processes, securing inventories that don’t suffer stock outages at crucial times. This is largely due to a real-time inventory management feature that keeps providers up-to-date with supply chain management action as things happen. As of 2015, 45% of vendors place …
The Role of Hospital Financial Management in Cost Reduction
The financial management of hospitals plays a larger role today in administering the business of healthcare institutions than ever before. The leading aspect is planning for the acquisition of equipment and appropriate the funds (capital) that will allow the institution to run efficiently along with the fiscal responsibility to stay solvent. Hospital financial management, according to the American College of Healthcare Executives, requires some very specific functions. …
Increase Hospital Income – Integrate Your ERP with Sales and Service
Increasing income is a unique part of enterprise resource planning (ERP) systems for hospitals, with regulations and insurance systems in place hospitals must build relationships with doctors offices and other referral agencies as well as the general public in order to increase patients and income. With the understanding of the unique needs hospitals face, a good ERP system, like PeopleSoft, will be …
How Hospitals Can Make Payments Using PeopleSoft ERP
Hospitals are facing increased pressure to operate more efficiently and reduce cost by streamlining their processes for non-purchase order transactions made outside of the Purchasing system. Oracle’s PeopleSoft ERP Payment Request feature supports this effort by creating a self-service option for filing non-purchase order invoices that is scalable and more efficient. Using the Payment Request feature, professionals outside Accounts Payable …
Aim for Success with Proper ERP Planning
ERP is one of the most popular workforce management systems out there. It combines business functions and data in one system shared throughout a company. It has modules to cover everything from supply chain to customer relationship management. The systems are designed to increase the efficiency of business by improving processes and decreasing cost. Although ERP is quickly becoming the backbone of …
Hospital Supplier Management Growth Opportunities
In general, the Supply Chain Management market industry has been gaining in popularity as a process that works. Progress in the supply chain marketplace is changing in that supply chain management as a field of work and study is gaining popularity. Twenty percent of ThomasNet North American Scholarship recipients are choosing supply chain management. The sector that has seen the most growth is in healthcare and specifically …
