I’m in Finance, what’s in it for me?

To date healthcare finance has been driven by public sector commitment accounting – this means that granular costing information has been difficult to achieve for the finance managers of today. Understanding what stock was on the shelves was only achieved through costly and difficult manual processes. Linking products on the shelf to what they cost, or the patient they were used on was near impossible. Procurement could give information on what was purchased, but finding out what the real cost drivers in the organisation are is a headache for any finance professional or department manager. Driving efficiency and savings running blind in a cash strapped NHS is not a task for the faint hearted.

Ingenica’s 360 solution is a step to providing the missing data for the healthcare finance professional; our aim is to ensure that managers have the information they need at their fingertips to make informed decisions.

With proposed statutory costing standards to be published in England by 2018, the case for patient level costing is heightened; understanding the true costs of care by calculating all interactions with a patient achieves even greater financial efficiencies.

Through implementing new processes our solution eliminates heavy dependency on manpower and provides better cost information to interpret.  Finance teams can therefore access reliable and transparent data to facilitate price comparison and more strategic financial decisions.  It also means that resources are managed more efficiently and products are purchased at the right price and at the right time.

Huge step forward for finance

For finance teams our solution is a huge step forward; An opportunity to remove outdated procedures and replace with up-to-date practices that facilitate strong financial management & allow NHS funds to be better allocated and accounted for.

What about my colleague?

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Why Choose Ingenica?

We aren’t simply a technology company, we provide much more than that. We provide change management through focusing on partnership, efficiency and making sure we deliver real results.

  • Team

    Our cohesive team has clear and demonstrable success as thought leaders and practical project leaders in healthcare.

  • Industry specific solutions

    Flexible, user-friendly and intuitive for the entire workforce, our technology brings benefits to individuals across the NHS, from senior leaders and ICT technicians to frontline clinicians.

  • Implementation choices

    At Ingenica Solutions we believe we offer the best healthcare resource management solution on the market, with a successful track record in implementation, and proven return on investment.

  • First class support

    Our support service is built on the concept of creating long term, mutually beneficial relationships with our customers.

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Finance - Whats in it for me?