Financial Consolidations for Multi-Entity Healthcare Organizations 8
Conclusion
Addressing the challenges of consolidation using a single,
cloud-based financial system tool can propel your healthcare
organization forward. The benefits of automating the
consolidation process include:
• Accelerating the integration of new entities and solutions within
your organization�
• Improved control and opportunities to leverage one financial
system across the enterprise to centralize core accounting
functions�
• Drilldown insight from the consolidated perspective into each
operating entity�
• Greater coordination throughout the closing process between
business units and corporate accounting�
• Real-time consolidated results from across the enterprise at any
time without waiting for period ends.
More than ever, finance is data-rich, but time-poor. A truly
integrated cloud-based financial system can automate the
consolidation process, reintroducing quality and trust. Senior
healthcare executives can view timely information with
confidence, which enhances finance's credibility and opens the
door to new opportunities to add incremental value.