Hospitals are one of the most complex organizations across our nation. The number of moving parts and people is simply astounding. Getting the hospital supply chain right is extremely difficult. However, using an ERP solution like PeopleSoft can facilitate a much smoother supply chain with less hiccups, less waste, more savings and higher patient and staff satisfaction.One of the worst case scenarios is when …
Maintain Diversity with Hospital HR Software
For hospital HR departments, executives and other management positions, diversity is an important part of not only maintaining PR and regulatory policies, but it is an important part of a diverse management team. One of the main issues organizations have with diversity is the amount of benefits and compensation requirements needed in order to attract and hold talented professionals from all walks …
Changes Planned for Oracle’s PeopleSoft
There have been rumors that Oracle doesn’t plan to update PeopleSoft with a new release. This has made some businesses wary but it is based on a lack of understanding about how postmodern ERP technology is evolving. Previous software was a closed system and updates released periodically had a lot of changes all at once. A business could not choose which updates …
Healthcare Reform Initiatives and Hospital Financial Management
These days, the news often carries stories of how state and federal governmental entities are altering the way they pay for citizens’ medical bills. Among the discourse are buzzwords like Medicare, Medicaid, and Obamacare. The frequency of change in healthcare reform implementation has made it more important than ever that hospital financial management be up to date on how these changes affect their financial statements. And …
PeopleSoft Keeps Your Processes in Focus
Whenever a healthcare organization is considering a software implementation, like PeopleSoft ERP, it is extremely important to remember that software is a support mechanism for your hospital’s systems and processes, not a substitution. When preparing an install or dealing with software issues, your software systems must be prepared so that they manage your organizations specific needs and processes. Strategy First, Then PeopleSoft Systems …
ERP Changes in Hospital Financial Management
While ERPs are often seen as a fancy software system for managing different aspects of your operations, sometimes events happen in the industry which bear in mind the need to remember that an ERP is an enterprise resource planning system. For hospital financial management teams, the industry-wide ERP changes motivated by the 2010 ACA are creating several new pain points creating innovation …
5 Tips for Great Hospital Supplier Management
When it comes to using your ERP for hospital supplier management, there are some important areas your organization needs to address to effectively increase quality vendor relationships, decrease inventory and supply issues and integrate your supply chain management with the rest of your organization. Addressing the following 5 issues with supply chain relationships can drastically impact your supplier management for good! …
Increase Organizational Efficiency with Proper Enterprise Resource Planning
Enterprise resource planning has taken on a whole new meaning with software and information systems created to manage the entirety of hospital resources. Enterprise Resource Planning software (ERP) is designed to integrate with an organization’s systems, hardware, patient relationship management, supply chain management and more. It should increase organizational efficiency, not create a hindrance. Proper Planning Although technology has made leaps …
Maintaining Your Hospital Supply Chain
Mission critical is the most accurate way to describe the hospital supply chain. Managing and maintaining the ordering, receiving and dispersal of supplies, from medicines to drinking straws, demands up to date information at all times. It’s important to oversee how the supplies are moving, where any supply chain pinch points or slow-downs that require attention are, and verify use patterns. Another aspect …
5 ERP Tips for Hospital Financial Management
In hospital financial management, an ERP (Enterprise Resource Planning) software system is one of the most valuable parts of managing your finances and accounting processes. While an ERP is extremely valuable, proper financial management is a quality process which your organization must engage in continually; the software you use is a supplement to your core processes, not a replacement for them. …
