Among the many factors that contribute to smooth operations for your clinic or medical business, visibility is paramount. After all, the best business decisions are made from a place of insight and comprehensive knowledge about the financial standing of a company. Without this crucial information, businesses in the healthcare industry may not only suffer the consequences of making poor financial decisions, but fall behind in other areas, such as tracking patient care and treatment progress.<\/p>\n\n\n\n
Fortunately, Sage Intacct\u2014a best-in-class accounting solution\u2014allows for accurate and precise data analysis, so medical companies can have a true understanding of their finances. Below, we\u2019ve listed a few of Sage Intacct\u2019s reporting features that can revolutionize financial operations for your medical business, empowering data-driven decisions and promoting success.
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Best-in-Class Customizable Dashboards<\/strong><\/p>\n\n\n\n Sage Intacct enables the creation of personalized dashboards, and offers a wide range of graphical and tabular reports. These dashboards can be tailored to specific roles or departments, providing real-time visibility into key financial metrics, such as revenue, expenses, cash flow, and profitability\u2014all of which are essential to key stakeholders.<\/p>\n\n\n\n By leveraging the software solution\u2019s dashboards, medical businesses can increase their agility, dive beneath the surface with custom reports, and perform more optimally. User-Defined Dimensions<\/strong><\/p>\n\n\n\n Building on the above, Sage Intacct supports user-defined dimensions, which are customizable categorization elements that allow for flexible reporting and analysis. Users can define dimensions such as departments, projects, locations, or products, and assign transactions and accounts to these dimensions. This enables users to generate reports that provide visibility into specific areas of the business based on the defined dimensions. Gain access to 150 built-in financial reports, including income statements, balance sheets, cash flow statements, and more. These reports offer a clear overview of a hospital or medical clinic\u2019s financial performance, enabling stakeholders to assess profitability, liquidity, and overall financial health. These reports make it possible to ditch old-school Excel reporting, or other outdated tools that may be arduous and inefficient to use.
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In-Depth Financial Reporting<\/p>\n\n\n\n
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