Healthcare reforms have prompted hospitals across the country to improve cost efficiencies wherever they can. In response, the accounts payable department of Southern Louisiana’s Ochsner Health System discovered a solution that helped improve cash management while reducing costs.
Why do patients so often forget to tell you about their new insurance plans? And what can you do to keep your cash flow running smoothly when it happens? Read this flipbook to learn how to avoid eligibility-related “surprises.”
Cash may be popular with consumers, but it often presents challenges and extra costs for retailers. Manually handling, counting, reconciling and depositing cash every day, or multiple times a day, can be expensive. Smart safe technology and automated cash handling can help and benefit all areas of your business – from Finance to Operations to Loss Prevention – but, more importantly, your customers.
Read this eBook to learn the four key benefits of automated cash handling:
• Maximize your cash flow
• Gain more flexibility with open systems
• Reduce shrinkage and reconciliation
• Care for customers instead of counting cash
Even with the rise of digital payments, cash is still a popular form of payment. According to the Federal Reserve, consumers use cash to pay for nearly one-third of all retail transactions.
For many retailers, a completely "cashless society" is nowhere in sight. Cash management remains one of the most important aspects of managing a retail operation, particularly at quick service restaurants (QSRs) and convenience stores, where transactions are smaller and cash is a preferred method of payment. This white paper, Boost Profitability by Automating Cash, sponsored by Fiserv and Fast Casual, details the steps to manage cash properly and boost profit for your business.
Uncover the top reasons and flexible options to automate your cash management.
• Time savings
• Theft deterrence
• Higher accuracy
• Better customer service
• Real-time data
Over the past few years, improvements in mobile devices, Wi-Fi, and
cloud computing have made mobile point of sale (POS) solutions
e ective and a ordable for businesses of all sizes.
Tablets have emerged as the most popular platform for mobile POS
solutions, and you may have already heard the buzz about them.
There’s a reason for all the hullaballoo. In addition to integrating
payments and making retail transactions more e cient than using
a traditional electronic cash register (ECR), tablet POS solutions can
provide robust management data.
A tablet POS solution makes sense for many retailers, particularly if
you’re looking to:
• replace an ECR or want to have a mobile POS in place on opening day
• unlock new pro t-making and cost-saving opportunities
• expand your business
• keep pace with ever-changing customer expectations
Figuring out which tablet POS solution is the best for your business
may seem like a huge challenge. But don’t worry. Taking the right
approach, by using too
Published By: Asure HR
Published Date: Nov 18, 2013
This paper will offer you clear insight into ways of determining how much money your organization is losing through inefficient payroll processes.
More importantly, it will provide you with clear, simple directions for correcting the problem immediately with little risk to the organization’s cash flow.
Download this whitepaper to learn 5 everyday challenges you can solve simply by integrating Services with Finance, Find out how you can run a leaner, cleaner org-and learn the tricks to get that cash off the table and onto your bottom line.
Published By: Bill.com
Published Date: May 14, 2012
Small and mid-sized business use Bill.com to help manage their cash flow and make better use of their resources. Here are the top ten things you can do with Bill.com to help take control of your organization's financial management.
Published By: Bill.com
Published Date: May 14, 2012
In this paper, financial executives from a variety of top performing industries discuss systems that they have implemented, like Bill.com, that help them efficiently manage the daily pulse to sustain healthy cash flow.
In May of 2015, CFO Research conducted a global survey of senior finance executives at large companies, to examine the pressures they face in providing timely, accurate cash reporting and cash forecasting to business decision makers across the enterprise. This report is based on 371 survey responses from CFOs, treasurers, and other senior finance and treasury executives at companies with more than $250 million in annual revenues, representing a broad range of company segments.
Maximieren Sie Ihre Rechnungsstellung und stellen Sie einen optimalen Cashflow sicher, indem Sie Ihre Zeiterfassung und Arbeitszeitverwaltung mit der Rechnungsstellung, Buchhaltung und dem Kundenmanagement integrieren. Online-Zeiterfassung und Rechnungsstellung sind jetzt effizienter denn je.
The patient access process has traditionally been highly fragmented. Integrating disparate systems into a single workflow interface can simplify the registration and financial clearance process, resulting in a reduction of bad debt, increased point-of-service cash and improved patient satisfaction. Read to find out how patient access workflow technology can streamline your front-end process and improve satisfaction for your patients.
Through the implementation of integrated, comprehensive workflow technlogy,Simi Valley Hospital has been able to reach 135% of point-of-service cash collections goal. Read to learn more about Simi Valley Hospital's success in achieving front-end process improvements.
Published By: NuCompass
Published Date: May 26, 2016
Too many companies still give their employees a cash payment to cover the cost of relocation. What could go wrong? An employee could fall behind schedule, you lose any tax benefit, and having an employee manage their own move isn’t the best way to help them start the job right.
Download the eBook, “Using Technology to Help Protect Profits,” now to discover the nuts and bolts for building a successful risk management strategy, and see how new online tools, like the WU EDGE platform, can empower you at every step to help protect profits
"Time is money. If you are not able to quickly make the right moves based on timely, accurate financial information, then you will lose your position in the marketplace to those companies who can.
Download this guide to see how to simplify and streamline financial processes in order to identify underperforming lines of business, perform accurate cash flow projects, support expansion into new markets, and much more.
Download this whitepaper to learn 5 everyday challenges you can solve simply by integrating Services with Finance. Find out how you can run a leaner, cleaner org-and learn the tricks to get that cash off the table and onto your bottom line.
Finance’s immediate concerns--cash flow, profit margins, customer satisfaction, retention and investor relationships—focus your attention on the finance imperatives—navigating risk effectively and identifying opportunities. Improved cash flow, collaboration and profit are all potential outcomes of wielding your pool cue of portfolio segmentation in just the right way.
We’ve given you some pro tips on what to avoid, as well as some
effective tips for winning at this highly complex game. Download now!
This eBook, Accelerate Cash Flow: Optimizing Your Two Sources of Revenue, provides several best practices for you to review and incorporate into your revenue cycle process. Please download the eBook to learn more helpful tips.
Join RelayHealth for a recorded Healthcare Finance News webinar, Accelerating Service-to-Payment Velocity. With all of the changes happening in healthcare today, some things do remain the same. Your two primary sources of cash are still patients and third-party payers. While patient financial responsibility is rapidly increasing, a large percentage of revenue still flows in via governmental payers and commercial health plans.
Often, a hospital’s revenue cycle is comprised of several departments that are managed and monitored separately. The lack of visibility of overall performance can impact cash flow and the patient experience. RelayHealth financial solutions offer a panoramic view of the revenue cycle while also providing the ability to drill down for microscopic focus on certain challenges. Using analytics to identify and prioritize improvement opportunities, financial executives can then implement RelayHealth’s other revenue cycle solutions to help solve problems and improve financial outcomes.