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Comprehensive financial nanagement solution for healthcare organisations

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Sage Intacct For Healthcare Organisations

Managing financial performance in the healthcare industry is complex, especially as organisations expand and regulations evolve. Sage Intacct simplifies these challenges by providing real-time visibility into both financial and operational metrics, enabling healthcare providers to make informed decisions and improve patient care. With automated processes like procure-to-pay and multi-location financial consolidations, the platform reduces manual work, ensuring accuracy and efficiency.

Sage Intacct also allows healthcare organisations to track key performance indicators, such as revenue per treatment and capacity utilisation, helping you optimise resources and monitor performance across locations. Scalable and flexible, it supports growth without overburdening internal teams, allowing your organisation to focus on delivering quality care while maintaining financial control.

Healthcare

Save 40 hours

Per month on invoicing processes

Recover £10k

Per billable employee

65% improvement

Improve on productivity by 65%+

Benefits of The Healthcare Industry

Core Financials
  • Accelerate your team’s productivity. 
  • Automate complex processes like cash management, AP/AR, order management, and more.
  • Cut close times by 80%.
Automatic Invoicing

Save time, reduce errors and get paid faster with the automated invoicing features of Sage Intacct.

  • Saves valuable time by removing the need of tedious manual admin
  • Setting regular invoicing cadences gets you paid faster
  • Automated invoices reduce the risk of manual error
Revenue Recognition

Intelligent, automated, compliant revenue recognition to help your company scale – with complete support for IFRS 15.

  • Automate revenue management with revenue and expense re-allocation.
  • Manage changing requirements smarter with dual treatment and reporting.
  • Flexibly configure expense amortisation on your revenue recognition terms.
  • Gain a complete view of your revenue with metric-based reporting.
Dashboards & Reporting
  • Increase business agility through multi-dimensional visibility.
  • Dive deeper with custom reports, dashboards, and visualisations.
  • Access data faster to accelerate performance and make decisions with confidence. 
Global Capabilities

Streamline the management of your global business with automation, electronic banking, visibility, and compliance with international accounting standards.

  • Transact globally with multi-currency accounting software.
  • Save time and reduce errors with automated financial consolidation software.
  • Meet in-country requirements.
  • Connect to banks globally to streamline cash management and increase visibility.
Project Accounting
Electronic Document Management (EDM) provides more control over document flow, increases archiving efficiencies, and streamlines document distribution. It eliminates the need for filing, photocopying, printing, and envelope stuffing, immediately providing all documents throughout the company. By adhering to all regulations with secure archiving practices, EDM ensures compliance without the hassle of paperwork, making document management more efficient and effective.
Fixed Assets Management

Simplify asset management across multiple entities from acquisition to retirement with the fixed assets solution that automates workflows and centralises data.

  • Save time on month and year-end close with automation from acquisition to disposal.
  • Improve processes and reduce risk with complete audit trails and secure data.
  • Make strategic and informed decisions with rich, real-time reporting and insights.
  • Ease of setup, import, and maintenance on your own or with professional support.
Project Costing & Billing

See how you can improve margins by issuing invoices quicker and automating billing and revenue recognition.

  • Improve profit margins by basing project bids on better data.
  • Lower costs by streamlining project billing processes.
  • Project accounting software makes it easy for your team to get information and provide great service.
Dimensions

Sage Intacct Dimensions allows you to add powerful context to your financial data, enabling more flexible and insightful reporting. Simplify your chart of accounts and gain deeper insights across various areas of your business.

  • Customise reports with relevant dimensions like department, location, or project.
  • Streamline data entry by tagging transactions with key attributes.
  • Gain a clearer view of performance without adding complexity.
  • Make smarter decisions with multidimensional insights.
Audit Trails

Sage Intacct offers detailed audit trails, making it easier to comply with healthcare-specific regulations and financial reporting standards. This ensures that organisations meet regulatory requirements while maintaining transparency.

HIPAA-Compliant
For healthcare providers managing patient information, Sage Intacct offers data security measures that comply with HIPAA (Health Insurance Portability and Accountability Act) standards. 6. Budgeting and Planning
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Helpful Resources

Why you should choose Mysoft For your ERP jounrey

Unmatched Expertise

With a team of over 50 Sage dedicated professionals who have over 450 years of collective experience, we have positioned ourselves as one of the most knowledgeable (if not the most)product & subject matter experts in the industry.

Best in Class Sage Support

At Mysoft we focus on helping your company achieve the highest efficiency and agility possible. Our extensive and diverse experience in understanding ERP allows your business to unlock its full potential using Sage. Our expert team combines advanced Sage knowledge with a wealth of real-world business, financial and IT experience.

Our Support team can provide meaningful assistance around the world on all aspects of Sage. 

Referenceability

For Mysoft, our satisfied customers are our best advocates. We recognise that every business is unique and distinct, and we tailor solutions to meet the specific needs of each site. Our focus is operational excellence, from initial scoping and implementation to ongoing development and support. Mysoft’s track record of successful implementations and positive client feedback demonstrates our commitment to providing great outcomes. We hope that our team serves as a trustworthy companion on your ERP journey, ensuring a safe and reliable experience.

Implementation Methodology & Approach

Having been established 20 years ago, Mysoft recognises that implementing an ERP system is never the same twice, every business is different and needs an approach that respects that and works with the business – not against it.

Mysoft adopts a customer-centric approach to project delivery. This means that we deploy expert resources in every aspect of your ERP implementation, from project management, to support, consultancy, and R&D teams.

Development Capabilities & Suite of Plug-Ins & Solutions

Over the two decades of operation, Mysoft has grown and honed our internal development capabilities.

Our team have developed over 10 ‘ready-to-use’ Plug-Ins, and brought the X3CloudDocs automation solution to market.  X3CloudDocs is the top listed solution on the Sage X3 marketplace.  We regularly carry out bespoke development work for clients, using our structured approach to deliver effectively to a very high standard.

A recurring theme in testimonials we receive relates to the development capabilities and timeframes that Mysoft has been able to provide customers. When choosing Mysoft, you are truly choosing a development powerhouse and can be assured that you are getting the best in the industry.

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Frequently Asked questions

How does Sage Intacct ensure regulatory compliance for healthcare organisations?

Sage Intacct helps healthcare organisations comply with industry regulations, including HIPAA and local reporting requirements, by automating financial processes and providing detailed audit trails. This ensures that organisations meet compliance standards while efficiently managing their financial operations.

 

What visibility does Sage Intacct provide for healthcare financial management?

The platform offers real-time reporting and analytics, enabling healthcare providers to monitor financial performance, operational metrics, and compliance data. This transparency helps stakeholders, including boards and auditors, assess the effective management of resources.

 

Can Sage Intacct automate billing and payment processes in healthcare?

Yes, Sage Intacct automates key financial processes such as billing, revenue recognition, and payment processing. This automation reduces the administrative burden on healthcare teams, allowing staff to focus on delivering high-quality patient care instead of manual data entry.

 

Is Sage Intacct suitable for multi-location healthcare organisations?

Absolutely. Sage Intacct is designed to manage complex financial operations across multiple entities or locations. It facilitates seamless consolidation of financials, automates inter-entity transactions, and provides multi-currency support, making it ideal for global healthcare organisations.

How does Sage Intacct enhance operational efficiency for healthcare providers?

By automating financial workflows and providing real-time visibility into key performance indicators, Sage Intacct enables healthcare organisations to optimise resources, improve decision-making, and respond swiftly to changing operational demands.

What types of healthcare organisations can benefit from Sage Intacct?

Sage Intacct is suitable for a wide range of healthcare organisations, including hospitals, clinics, long-term care facilities, and other service providers. Its robust features cater to the specific financial management needs of various healthcare sectors.

How can Sage Intacct assist in financial planning and budgeting for healthcare organisations?

Sage Intacct provides powerful budgeting and forecasting tools that allow healthcare organisations to allocate resources effectively, plan for future needs, and track financial performance against budgets in real time.

What sets Sage Intacct apart from other financial management solutions in healthcare?

Sage Intacct is a best-of-breed financial management solution, known for its scalability, robust automation capabilities, and focus on healthcare compliance. It is the only financial management system endorsed by the AICPA, making it a trusted choice for healthcare organisations seeking to enhance their financial operations.

Hear From Our Customers

Customer success is at the heart of Mysoft’s mission and we take pride in every project we deliver.

Left Right

Mysoft were transparent, supportive, and helpful. The project was straightforward and smooth.

Nottingham Venues – Financial Controller
Left Right

Mysoft has been instrumental in the success of this project. Sage X3 has enabled us to automate and implement new business processes and we now have greater visibility of data than ever before.

Madison – IT Director
Left Right

We’ve received excellent support from Mysoft for our Sage X3 system.  They are quick to respond and resolve issues; and draw-in resources from their wider business to assist where necessary.

TIMCo – IT Director
Left Right

The Mysoft team have always been really friendly and clearly hard-working, seen through all the days they were willing to come all the way to Wales to see us! It was due to the people at Mysoft that we committed to the contract with them.

Burns Pet Food – Project Manager
Left Right

As our business has grown so have the expectations of our customers and suppliers. Sage X3 has allowed us to meet the demands of our trading partners by providing us with a powerful, yet easy to use set of tools.

RH Amar – IT Director

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