Technology hairballs happen. They’re very easy to ignore – until they aren’t. They’re easy to overlook because they’re often invisible. But they’re there. And here are the signs they could be affecting your medical practice or business:
- Systems are tripping over each other in the background.
- A slowdown in information flow.
- Fogged-up data, so there’s never a clear picture of the situation.
Historical processes and on-premise systems lag in the face of market dynamics and a changing world. Redundancies abound, and inefficiencies multiply. Ignoring a technology hairball won’t make it go away. Moving to Oracle NetSuite ERP – an all-in-one cloud business management solution – will solve the situation.
Partnering with Finlyte, an industry leader in NetSuite implementations, will help your organization or business take advantage of NetSuite integration tools to increase performance. Let’s find out more.
Medical Practice Management Integration Will Drive Efficiency
Medical practices are unique ecosystems navigating the ongoing ramifications of a global pandemic and a rise in the popularity of telehealth as a service. As a result:
- Legacy accounting systems are struggling to keep up with virtual appointment bookings, invoicing, and reporting.
- Finance systems are overwhelmed by tracking and tracing a more complicated level of materials.
- Upgraded practice management systems are being brought in to improve client communications, meaning more disparate systems.
NetSuite can help solve these challenges through integration tools and services built just for healthcare.
Medium-Sized Businesses Face Unique Financial and Technological Hurdles
Medium-sized businesses across industries are turning to NetSuite’s ERP to help them unwind technology knots and gaps created by:
- Siloed technology purchases brought in to support a distributed workforce.
- Depleted financial reserves and pandemic debt, leading to technology cuts and gaps in reporting.
- Supply chain issues that drove new vendor partnerships and billing systems.
Many companies are turning to NetSuite’s ERP to make things simpler and more efficient.
NetSuite: Integration Tools Make Your Life Easier
The NetSuite ERP is an all-in-one cloud business management solution that helps organizations operate more effectively by automating core processes and providing real-time visibility into operational and financial performance.
With a single, integrated suite of applications for managing accounting, order processing, inventory management, production, supply chain, and warehouse operations, the NetSuite ERP gives companies clear visibility into data and tighter control over their business.
Finlyte: Customizing Integrations by Industry
As an Oracle NetSuite 2022 Partner of the year, we understand the unique challenges that healthcare organizations and businesses face. We excel at optimizing NetSuite by setting up integrations that fit the needs of medical practice management and medium-sized businesses.
Specifically for medical practices, we offer accounting and financial services that are custom-fit to each medical practice. Offering unparalleled customer support, Finlyte will optimize your version of NetSuite, ensuring seamless multiple-entity management and consolidation, real-time reporting and analytics, and more. All of this while keeping your books compliant, auditable, and secure.
Finlyte: Experts in NetSuite’s Integration Tools
We are adept at setting up medical practice management integrations, account payable and accounts receivable automations, and optimizing business intelligence tools.
1. NetSuite Accounts Payable
NetSuite Accounts Payable offers customers a fast, secure way to process invoices and pay bills directly. You’ll remove paper and manual invoice keying, matching, and payment processing all while simplifying and automating your entire AP process.
With NetSuite Accounts Payable you’ll have control over the full procure-to-pay process. Automating the review, approval, and payment of supplier invoices, NetSuite AP helps in many ways:
- Maintain detailed vendor records.
- Improve data accuracy by auto-matching invoices to vendors and purchase orders.
- Automate journal entries so that you don’t have to waste time manually entering debits and credits.
With NetSuite AP you’ll enjoy increased productivity and efficiency while reducing AP processing costs and errors. Included with a NetSuite platform license, NetSuite Accounts Payable.
2. NetSuite Analytics & Reporting BI Tools
NetSuite Analytics is also included with a NetSuite platform license. With these capabilities, customers have flexible querying tools, role-based dashboards, operational reports, KPIs, and the ability to analyze NetSuite and non-NetSuite data from a central platform to make better and faster decisions.
With NetSuite Analytics & Reporting BI tools you’ll be up and running faster thanks to pre-built reports, role-based dashboards, and KPIs—all based on industry-leading practices. Secure, self-service capabilities deliver information to analysts and decision-makers without relying on IT. And a central database reduces the time needed to consolidate and reconcile information.
NetSuite Integrates with Nearly Any Platform
NetSuite integrates with hundreds of platforms – from accounting and finance related through marketing, eCommerce, Sales, and more. That means NetSuite can grow with your business or organization over the long haul.
Specific to financial performance, NetSuite integrates with popular platforms such as RFSmart, ADP, AvidXChange, NetChex, FloQast, SquareWorks, Tipalti, and Avalara. New integrations are always in the works.
Put Finlyte’s Experience to Work for You
The Finlyte team has decades of combined experience guiding companies and organizations like yours through the financial pitfalls that can slow growth.
And when you partner with Finlyte, you gain an experienced guide to help you from Day 1 through every step of your journey to streamlined financial management.
Each customer is assigned a dedicated Finlyte support representation with industry-specific NetSuite implementation experience, including healthcare.
Use NetSuite Integration Tools to Increase Performance
Making your systems work in harmony with NetSuite is Finlyte’s goal. Schedule a consultation with Finlyte today to learn more about our solutions to implement and optimize NetSuite for maximum performance.
Finlyte will completely customize your experience to fit your company with module configuration, custom reports, enhanced workflows, and customized scripting and automation services.
Let’s talk. Schedule a consultation with our team to discuss the best NetSuite integration tools for your business or organization.