Expense Management Tool for Healthcare Companies
Qashio supports healthcare businesses to enhance visibility so they can focus on the work that matters most.
Key Challenges
in
Healthcare
Cash Leakages
Inefficient petty cash management and unaccounted-for expenses leading to financial losses.
Petty Cash Payments
Poor handling and tracking of petty cash leading to cash leakages and frequent errors.
Inefficient Sourcing of Materials
Leads to increased costs, supply chain disruptions, and delays in patient care due to poor inventory management and procurement processes.
Visibility & Manual Paper Invoicing
Increased risk of errors, inefficient financial reporting, and delays in expense tracking and reporting.
Comprehensive Cost Management
Difficulty with controlling costs accurately, closing books on time, offering supply chain flexibility, and securing compliance and governance.
How Qashio Can Help
Cash Leakages
Automated expense management ensures the accurate tracking of all transactions, which eliminates the risks associated with manual cash handling. Qashio’s all-in-one expense management solution provides real-time expense tracking and detailed analytics to tackle cash leakages. Automated reconciliation features further reduce errors and enhance financial accuracy, providing ease for finance teams by ensuring all expenses are accounted for.
Petty Cash Payments
Link virtual or physical corporate cards to a pooled or individual budget and track spending in real-time replacing manual systems, which reduces the risk of cash leakages and errors. Enhance visibility and ensure more accurate petty cash management with detailed analytics and seamless integrations into existing ERP or accounting software.
Inefficient Sourcing of Materials
Leverage real-time expense tracking, automated expense reports, and approval workflows to identify overspending, detect trends, reduce administrative tasks, and prevent unauthorised spending. This will enhance accountability and help set organisational financial policies and goals to improve overall financial management. The Qashio all-in-one platform helps to optimise procurement processes and manage inventory more effectively, supporting timely patient care.
Visibility & Manual Paper Invoicing
Automate invoice processing and enhance financial reporting to overcome the challenges with visibility and manual paper invoicing. Get real-time visibility into expenses and integrate seamlessly with existing ERP and accounting software for comprehensive financial oversight.
Comprehensive Cost Management
Control costs accurately and close books on time with real-time expense tracking and automated expense management. Leverage flexible financing options with Qashio Finance to manage cash flow more effectively and unlock better budgeting and financial planning, reducing the need for large upfront payments. Maintain smooth operations without compromising patient care.
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Success Stories
Puja Lakhotia
Saqib Malik
Levi McGrattan
Puja Lakhotia
Saqib Malik
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Frequently Asked Questions
How does Qashio integrate with existing healthcare ERP and accounting software?
Qashio seamlessly integrates with your existing ERP and accounting software, ensuring hassle-free integration(s). Our all-in-one solution supports real-time expense tracking, automated reconciliation, and detailed analytics, which improves financial management and efficiency for the healthcare industry.
What kind of support does Qashio offer for healthcare businesses?
Qashio offers dedicated customer support tailored to the unique needs of healthcare businesses. Our customer support is available to assist with onboarding, integration, and the ongoing use of our platform, ensuring that your organisation gets the maximum benefits from our solutions and software.
How does Qashio help with regulatory compliance in the healthcare industry?
By providing accurate and automated expense reporting that helps healthcare organisations comply with local and international financial regulations. The platform’s robust documentation and audit trail features simplify compliance and reduce the risk of failure to meet regulatory requirements.
Does Qashio offer solutions for managing employee expenses for healthcare organisations?
Yes. Create both virtual and physical corporate cards with customisable spending limits, automated receipt matching, and expense categorisation. This enhances and simplifies the expense management process ensuring improved financial visibility and control.
Can Qashio’s solutions reduce fraud and financial mismanagement for healthcare organisations?
Yes. Advanced controls and real-time tracking features help to detect and prevent fraudulent activities by providing more transparency, custom expense reports and approval policies to reduce the risk of fraud and financial mismanagement.
What financing options does Qashio provide for healthcare businesses?
Qashio provides flexible and accessible financing to businesses of all sizes. These solutions help healthcare businesses manage cash flow, cover unexpected expenses, and better aid growth without compromising patient well-being and care.
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