Answers Financial Solution

The AnswersTM software suite offers your community a robust and complete financial package to help run your organization. Modules are tightly integrated to each other to ensure that information is entered only once in your system. This makes for an efficient process-driven financial solution that your staff should find simple and complete.

 

Answers Financials includes:

  • General Ledger
  • Accounts Payable Processing and Management
  • Purchase Orders Processing
  • Unified “all-in-one” Bank Reconciliation
  • Fixed Assets Management
  • Inventory Control
  • Capital Projects and Budgetary Tools
  • Construction-Specific Tracking
  • Automated Approval Trees with Audit Trails

Answers Financials also automatically brings in information from the other disciplines in your community such as information from each resident’s billing and Electronic Health Record (EHR) profiles, as well as other areas of your organization like rehabilitation centers, Assisted Living Facilities (ALFs) or Skilled Nursing Facilities (SNFs).

From a financial management standpoint, Answers offers multi-site communities easy and security-controlled access to each facility’s own financial records. Financial managers at the corporate offices can easily review the financial records in real-time and have immediate drill-down access to details about each facility. This makes staying on top of things easier and producing consolidated statements for regulatory, auditing and investment purposes a breeze!

 

Answers allows for your management team to quickly analyze all aspects of the organization. In fact, Answers Financials includes over 90 standard reports out-of-the-box. User-defined reports extends these to virtually any type and number of reports your team could possibly dream of. You are also backed by the Answers user community that often shares common reports among its members.

 

Answers Financials Benefits Summary: (The “What’s In It For Me?” Factor)

  • One place for all of your financials across all of your business units
  • Streamlined processes to minimize data entry and reduce errors
  • Full visibility into changes to financial records with full audit, security control and drill-downs
  • Flexibility to customize the system according to the way you do business
  • Easily forecast and track your budgets and spending across categories
  • Simplify and automate your workflow processes

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Read more about the Answers Financial solutions by downloading the brochures on the right column.