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 …
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 …
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 …
Hospital Supply Chain ERP Solution
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 …
