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Riyadh Hospital’s Journey with ERP Management System from CorporateStack

CorporateStack's ERP enhances workflows, integrates with HIS systems, and offers modules like Workflow Management, HRMS, SCM, and finance.

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Background:

Riyadh Hospital (RH) is a dedicated general hospital with cutting-edge technology, state-of-the-art equipment and renowned experts who offer a full spectrum of specialized medical care. CorporateStack introduced a comprehensive ERP platform tailored to support hospital operations in Saudi Arabia. Our ERP solution is crafted to enhance and optimize your hospital’s workflows, seamlessly integrating with your existing HIS system. Leveraging advanced cloud-based technology, our ERP provides a robust suite of modules, including Workflow Management, HRMS, SCM, and finance, catering to the diverse needs of the organization.

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Challenge:

Riyadh Hospital faced several operational challenges across its HR, supply chain, finance, and asset management functions. Firstly, the HR department required a solution tailored to the hospital environment, efficiently managing employee data, including personal information, qualifications, certifications, and job roles within the hospital. Secondly, CorporateStack developed a specialized supply chain module for hospitals, offering comprehensive control over procurement, inventory management, and supplier relationships, including automated purchase requisitions. Addressing the finance and accounting gap, integration with the patient management system ensured accurate and timely recording of patient billing and payment transactions. Lastly, with numerous clinics across different categories, CorporateStack recognized the need for an asset management module to track, manage, and maintain the hospital’s assets throughout their lifecycle.

Solution:

CorporateStack is uniquely positioned to provide the ideal solution to overcome these obstacles. Our ERP system offers a comprehensive and integrated platform that addresses the disconnected systems and the need for centralized visibility faced by Riyadh Hospital and its sister companies. By implementing CorporateStack’s ERP, they can effectively streamline and optimize their operations, ensuring seamless management of critical functions With CorporateStack’s ERP, Riyadh Hospital can achieve a centralized 360-degree view of their operations, enabling real-time visibility and informed decision-making. The system’s comprehensive functionalities will allow us to optimize resource allocation, accurately forecast finances, improve collaboration, and drive overall performance.

Implementation:

CorporateStack implementing a cloud ERP system ensures a seamless
 and successful transition for your organization:

  • CS HRMS: The employee master list within CorporateStack ERP serves as a comprehensive database containing essential details about each employee, including personal information, employment history, and job-related data. This master list includes the medical profile of each employee, capturing vital health-related information necessary for effective medical record management and employee well-being.
  • CS supply chain management: The integration is set up for bidirectional functionality, allowing both systems to exchange information seamlessly for synchronization and real-

    time updates. This integration focuses on the inventory and purchasing modules, enabling hospitals to efficiently manage inventory levels, track item transactions, process returns, and monitor consumption. The purchasing module streamlines procurement processes, ensuring timely and accurate acquisition of essential supplies and materials.

  • CS finance management: The integration between two systems, CS Finance and the hospital’s existing patient management system, creates a powerful technological synergy that transforms financial management within the hospital environment. This seamless integration connects financial operations handled by CS Finance with the comprehensive patient management capabilities of the hospital’s existing system. Riyadh Hospital can achieve a synchronized and efficient financial ecosystem by aligning these systems. The integration scope encompasses crucial financial processes, including invoice management, payment collection, deposit handling, credit note management, write-offs, and unbilled revenue tracking. Hospitals gain real-time visibility into financial transactions through this integration, ensuring accurate and up-to-date financial records.

Results:

Implementing CorporateStack’s ERP involves seamlessly integrating HRMS, SCM, and finance modules to provide a comprehensive solution that drives operational excellence, improves financial management, and enhances decision-making capabilities resulting in several key benefits:

 

Our CS HRMS module is customized for hospital environments, efficiently managing employee data, qualifications, certifications, and job roles. It includes payroll processing features for accurate payments, attendance tracking for shift management, and seamless leave management to maintain staffing levels. Performance evaluation tools enable assessment and feedback, fostering professional growth. Self-service portals empower employees to access and update information, view pay stubs, apply for leave, and engage in performance evaluations, enhancing overall satisfaction and engagement.

The SCM module is tailored for hospitals, offering comprehensive control over procurement, inventory management, and supplier relationships. Automated purchase requisitions streamline procurement, ensuring timely acquisition of supplies. Real-time inventory tracking minimizes shortages and optimizes management. Order management features handle purchase orders seamlessly, reducing administrative burdens. Vendor management capabilities facilitate effective supplier communication, performance evaluation, and contract management. Leveraging our SCM module enables cost savings, improved resource utilization, and enhanced operational efficiency and patient care.

The finance module of our ERP seamlessly integrates with your hospital’s patient management system and billing cycle. It encompasses accounts payable and receivable, general ledger, budgeting, financial reporting, and asset management functionalities. By integrating with the patient management system, our finance module ensures accurate and timely recording of patient billing and payment transactions, streamlining the billing process and improving financial efficiency. Real-time financial analysis tools provide valuable insights into financial performance, empowering informed decision-making. 
This module enables effective financial operations management with streamlined integration into the patient management system for a cohesive billing cycle.

Conclusion:

The CS development team collaborates closely with the business units within Riyadh Hospital. and its sister companies. This collaborative effort aims to meet the unique needs of each department by either customizing existing reports and dashboards or developing new ones from scratch. The team’s objective is to ensure that the reporting and dashboard functionalities align seamlessly with the specific requirements and enhance decision-making processes. By working hand in hand with the business units, our development team ensures that the reports and dashboards are optimized to provide actionable and meaningful insights, enabling effective monitoring and analysis across the organization.

Driving Operational Excellence: Transformative ERP Solutions for
Enhanced Efficiency and Informed Decision-Making

1. Improved Efficiency: Streamline and automate key processes across HR, supply chain, and finance functions, reducing manual efforts and improving operational efficiency.

2. Enhanced Decision-Making: Gain real-time visibility into key performance indicators, financial data, and resource utilization, empowering informed decision-making at all levels.

3. Cost Savings: Optimize procurement, inventory management, and resource allocation, leading to cost savings and improved financial performance.

4. Scalability and Flexibility: Our ERP solution is designed to scale with your hospital’s growth and can be customized to meet your specific requirements.

We believe that our end-to-end cloud-based ERP platform is an ideal fit for your hospital’s needs. By seamlessly integrating HRMS, SCM, and finance modules, we provide a comprehensive solution to drive operational excellence, improve financial management, and enhance decision-making capabilities.

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