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Healthcare Management Software - Manage Fixed Assets and Automate AP

Written by Erica Burles on 17 Sep, 2019

What if you could easily manage fixed assets and automate your accounts payable processes?

It’s easy with Sage Intacct healthcare management software.

If you need to find ways to reduce internal costs, look to streamline inefficient workflows into a single system that easily integrates with your favorite healthcare management software. Healthcare companies just like yours are automating their accounts payable processing and fixed asset management with cloud-based, medical accounting software that's HIPAA compliant.

Stop manually trying to manage a high volume of payables and achieve comprehensive fixed-asset accounting in a centralized system that's also the only AICPA-recommended cloud accounting software solution. 

healthcare management software

All your fixed assets, all in one place

Nowadays, it's important to track not just depreciation, but deeper dimensions such as location, condition, valuation, and insurance status. As an example, with Sage Intacct, you can: 

  • Tag your fixed assets with dimensions so you can easily see costs by patient, location, department, and more.
  • View the complete life-cycle and trace general ledger transactions back to the original fixed asset.
  • Automation enables you to produce a single set of asset-acquisition, depreciation, and disposal information that’s automatically recorded in the general ledger, accounts payable, and purchasing.

Automate invoice routing and approvals

Sage Intacct’s accounts payable solution makes it simple to create your own automated workflows for approvals and routing to fit your unique operation. Now you can:

  • Track payments and approvals as well as AP liabilities and vendor-aging reports for a single location, or a consolidated view of multi-locations in real time across your entire business.
  • Manage complex pass-through client transactions in a single system of record with drill-down visibility. Automate expense allocation for shared-sites that serve multiple clients.
  • Save dozens of hours in data entry every month while increasing accuracy. Just upload payroll, supplier, and expense system (e.g. Concur or Paylocity) data directly into Sage Intacct.

Integrates with your preferred medical and billing system

Sage Intacct has unique flexibility so you can use the modules that make the most sense for your business today and as your organization grows. For example:

  • Use pre-built connectors or create your own integration to your existing, industry-specific software (such as MatrixCare or Reliable Health Systems). No coding skills or IT resources required.
  • Rely confidently on your connection even after software upgrades because APIs are guaranteed not to break.
  • As your needs change, just switch out your integrated solutions.

Easy to use, seamless and simple

As your company grows, you may be able to put off growing your headcount because workflows are seamless and so simple with Sage Intacct. Automate your fixed asset tracking and accounts payable processes with the only HIPAA-compliant and AICPA-recommended hospital management software solution, Sage Intacct.

Medical Practice Accounting Software

Contact Equation Technologies to learn how Sage Intacct helps streamline business processes for healthcare companies just like yours.

Another version of this blog was posted on May 28, 2019 - Automate Healthcare Accounts Payable and Fixed Asset Management with Integrated Healthcare Accounting.

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