Business Introduction
Altus Emergency, a part of Altus Health, provides high-quality, patient-centered emergency care across Texas and Nevada. With a commitment to excellence, their network of physicians and state-of-the-art facilities ensure timely, affordable, and compassionate healthcare services for the communities they serve.
Client:
Altus Emergency Centers, United States
Industry:
Healthcare
Overview:
Altus Emergency Centers significantly improved its inventory and procurement management by adopting Techno Financials’ cloud-based ERP system. This solution enabled real-time data monitoring and inventory control, streamlining procurement processes and enhancing the operational efficiency of its healthcare facilities.
Challenges:
- Manual Procurement Tracking: Reliance on outdated, manual methods for tracking procurement led to errors and negatively impacted patient care.
- Inefficient Inventory Management: The absence of effective inventory control hindered the timely availability of critical medical equipment and supplies, affecting the quality of patient care.
- Disorganization and Resource Wastage: Poor inventory tracking caused product wastage due to expired items and the unavailability of essential supplies during critical surgeries.
- Need for Automation: Altus Emergency Centers required an ERP system to manage procurement, monitor expiration dates, and identify cost-effective suppliers.
Why Techno Financials?
- Scalability and Flexibility: Techno Financials provided real-time business insights, seamless process integration, and a comprehensive organizational view.
- Cost Efficiency: The cloud-based ERP system eliminated the need for costly infrastructure upgrades while offering affordable customization and legal compliance, supported by RSM Pakistan.
- End-to-End Integration: The system integrated processes from procurement to payment, enabling better decision-making through advanced business intelligence reports.
- Customizable Solutions: Techno Financials’ extensive customization options allowed Altus Emergency Centers to tailor the ERP system to their specific operational workflows.
Results:
- Standardized Procurement: A unified procurement system was implemented across three facilities, streamlining the procure-to-pay process.
- Single Source of Truth: Consolidating multiple item masters into a single system improved supply chain efficiency and reduced off-contract spending.
- Enhanced Collaboration: The ERP system facilitated improved communication and collaboration across departments, including purchasing, finance, and IT, ensuring smooth operations and cost savings.
- Lean Operational Principles: By leveraging data-driven insights from Techno Financials, Altus Emergency Centers eliminated waste, increased capacity, and optimized business processes.
Conclusion:
The implementation of Techno Financials transformed Altus Emergency Centers’ inventory management and procurement processes, resulting in increased efficiency, cost savings, and improved patient care.