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The Royal Commission into Aged Care providers has added to the need for the industry to improve their capacity to clearly see and manage what is happening across their organisation financially and operationally. However, delivering on this, particularly with the complexities of multiple locations and a range of interconnecting requirements, delivering on this is a major challenge.
The first hurdle for many providers is improving their reporting systems and enabling visibility in as close to real time as possible. As an organisation grows, the increasing array of cost centres provide major challenges understanding the financial health as a whole or where the key priorities lie.
Having worked with BlueCross, Victoria’s largest aged care provider, to overcome these challenges, their story provides some great insight into what this can look like and the opportunities that arise from implementing a centralised reporting system.
Join us in exploring the challenges and the solution via our webinar presentation.
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