Addressing common finance issues within the NHS

For those involved in health service finance, there are a number of key challenges which are essential to be overcome to support the smooth operation of services.

According to recent study data gathered by Emburse, four of the highest priority concerns which finance departments and staff must overcome include:

  • High operational costs: 30% of organisations still use manual processes
  • Uncovering fraudulent spend: 17% of business fraud is through expenses
  • Duplicate or late payments: 35% of finance leaders are concerned with cashflow
  • Inability to optimise spend: 52% want to improve forecasting and analytics

Through their Certify and Chrome River solutions, Emburse is able to support healthcare providers to overcome many of these common challenges.

A registered vendor on the NHS Shared Business Services (NHS SBS) framework, Emburse’s Chrome River solution is easily accessible to NHS organisations through a OJEU-compliant route, free from often time-consuming formal tendering processes.

Find out how Emburse could help your organisation further here.

National Health Executive, Nov/Dec, Cover

NHE Nov/Dec 22

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National Health Executive Presents

NHE365 Virtual Events

NHE has created a full calendar of events to address the most important issues that influence the delivery of healthcare services. Over 365 days you'll have the opportunity to hear from a range of highly motivating, informative and inspirational speakers. These speakers will equip you with the knowledge and unique insight to enable you to overcome the challenges that you face.

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On Episode 14 of NHE's Finger on the Pulse podcast, we're joined by Professor Craig Jackson, Professor of Occupational Health Psychology
Birmingham City University to discuss the coronavirus pandemic, the health messaging around it and how those in power have missed a trick by overlooking the key role of psychology in informing the public of restrictions, measures and the ever-changing situation

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