In our latest video presented by Brady Curtis, Director of Sales at The Resource Group, you will learn how Sage Intacct's dimensional chart of accounts allows for greater visibility for healthcare organizations and why it's like going from 2D to 3D.
By using dimensions in your chart of accounts versus linear, you're able to keep up with rapidly changing healthcare regulations and laws. Data is presented in dashboards so you have instantaneous access to important metrics to run your organization, including revenues and expenses by patient and physician, allowing business owners to make quick, decisive decisions.
Healthcare organizations not using dimensional chart of accounts are often frustrated with how long it takes for gain critical information to run an efficient operation. Typically having to use an array of Excel spreadsheets to find the data thus slowing the process to be able to make quick decisions.
Dimensions in your financial management solution also allows you to report on specific data elements, including reporting by:
More about Dimensional Chart of Accounts
Sage Intacct's dimensions capability offers an entirely new way to track and report on financial and operational data, while simplifying your chart of accounts. With this flexible financial foundation, you gain quick access to the insights that speed decision-making and help drive growth. Watch this quick video to get a better understanding how dimension impact an organization's ability to get at their information quickly.