Health organisations are under mounting pressure to meet government targets and use technology to help public sector bodies improve their efficiency and enhance the level of service they provide to Citizens.
One such technology is the eBIS-XML standard for sending transactions electronically in a standard format from one accounting system to another. Exchequer helped to pioneer this technology with BASDA (Business Application Software Developers Association).
Efficiency is the key to survival, including cost containment, margin enhancement and customer retention. Exchequer is designed to dramatically improve efficiency through business process automation, workflow and a management reporting facility that is ideally suited to the Health industry.
One example of this is the comprehensive and flexible coding structure adopted throughout the suite of modules. The General Ledger with its unlimited 'tree' structure combined with the independent cost centre and department codes provide an unrivalled level of analysis.
The Project Costing module takes this analysis several steps further with its own hierarchical reporting structure, integrated time sheet handling and integrates fully with the other financial modules to provide seamless work in progress and profitability by project analysis.