BTerrell Group Blog
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Resource for Legacy Systems Users Considering a Move to the Cloud
Whether you’re planning on moving to a cloud financial management solution now, or in the future, this series was designed to serve as a helpful guide to highlight key considerations.
Each week we will explore a different topic, covering the basics, all the way to cutting-edge AI capabilities.
ROI from Cloud Financial Management: What to Consider for Your Company
When asked about moving to the cloud, most people immediately go to the benefits of anytime, anywhere access. Moving financials to the cloud is more than better access – a lot more. Join us for ‘ROI from Cloud Financial Management: What to Consider for Your Company’ as we talk about how the cloud delivers greater value with a lower total cost of ownership.
Beyond Excel: Building Blocks for Real-Time, Multi-Dimensional Reports and Dashboards
The key to making informed, strategic decisions lies in powerful reporting that keeps you out of Excel. Join us for ‘Beyond Excel: Building Blocks for Real-Time, Multi-Dimensional Reports and Dashboards’ and learn how you can spend less time building tedious, error-prone reports, so you can spend more time making a meaningful impact on your organization.
Streamline Your Multi-Entity Consolidations and Management: Cut Your Close by Up to 65%
Whether you have multiple entities or a single entity with plans to add more, you likely know the headaches involved with multi-entity management – and may experience them first-hand each month when you consolidate. Join us for ‘Streamline Your Multi-Entity Consolidations and Management: Cut Your Close by Up to 65%’ and learn how a cloud, multi-entity solution can eliminate the toil and errors that come with multiple logins, chart of accounts drift, and manual consolidations.
Insights On Demand: Serve Up Metrics that Matter
Increase financial Visibility and get insights on demand by providing meaningful metrics on role-based dashboards. Join us for ‘Insights On Demand: Serve Up Metrics that Matter’ and see how easy it is to build and use dashboards for everything from making key decisions to managing day-to-day processes.
Everyday Time Savers: Make Paperless Finance a Reality with Workflow Automation
The term paperless finance gets thrown around a lot, but it’s often over promised and under delivered. Attend ‘Everyday Time Savers: Make Paperless Finance a Reality with Workflow Automation’ and learn how cloud financial management can give you the process and workflow automation that you need to make paperless finance a reality.
Beyond the Hype: Learn How AI is Already Transforming Financial Management
AI, machine learning, robotic process automation, you may have heard and read about these terms a lot. But what do they mean for finance? Hear from panelists at ‘Beyond the Hype: Learn How AI is Already Transforming Financial Management’ as they discuss the present and future of AI and financial management.
When the time is right for you, we can assist you in moving to the Cloud. Reach us at 214-647-2611. In the meantime, we hope you find the Cloud Education Series informative and helpful.
Tags: Sage Intacct
Sage Intacct survey reveals post-pandemic challenges and how leaders are solving them
As the world continues a slow economic emergence from the pandemic, healthcare industry players remain in a challenging situation. According to an AMA report, hospitals lost more than $323 billion in 2020. In addition, a majority of physicians reported revenue decreases averaging 32%. Sage Intacct recently surveyed more than 200 financial healthcare executive to better understand their current issues and what practical steps they are taking to adapt their organizations for success in the coming months and years. You can read the whitepaper detailing the survey and results here.
Many of the challenges facing healthcare financial leaders are direct ramifications of the pandemic, including dealing with a newly remote workforce and the loss of revenue from the delay/cancellation of voluntary procedures. Other pressures were already felt, but accelerated by the pandemic, including the need to improve budgeting and forecasting. What struck us about the survey responses was the critical importance of access to current operational data to support agile, strategic decision making and to accelerate innovation.
BTerrell Group works with healthcare organizations to provide real-time access to the data that matters most. One of our clients, CareATC, is saving 40-60 hours of data entry each month thanks to automated workflows and integration with supplier data. As a result, the organization has avoided hiring at least two full-time accountants, at a savings of around $100,000 per year. Another client of ours, Epiphany Dermatology, was able to grow from seven to 50 clinics while avoiding the need to hire additional accounting staff.
What are your healthcare organization’s top financial challenges? Let’s talk about how Sage Intacct and BTerrell Group may be able to help you solve them. Reach us at 214-647-2611.