Accelerating Financial Close with Smart Automation Streamlining Inter-Entity Transfers via Excel VBA
Project Categories
Care Process & Redesign
Technology
Platform
Singapore Healthcare Management Congress
Cluster
SingHealth
11 February 2026
To ease the burden by automating the process using a lightweight Excel VBA solution to improve speed, accuracy, and staff. The initiative demonstrates the role of finance as a strategic enabler of digital transformation, achieving small changes with big.
Year Submitted: 2025
Published Date: 11 February 2026
Tags: Care Process ＆ Redesign, Technology, Workflow Redesign, Cost Saving, Time Saving, Quality Improvement, Automation, Productivity, Operational Management, Financial Management
About this Content
Aims
To ease the burden by automating the process using a lightweight Excel VBA solution to improve speed, accuracy, and staff well-being.
Background
Imagine spending hours staring at spreadsheets, manually transferring expenses between hospitals. Every month, we chased 100% accuracy while our team was overwhelmed, stressed about errors, and dreading every month-end.
Methods
Developed an Excel macro-enabled tool using VBA. This streamlined a complex manual process into a few simple clicks with the automation of accurate calculations and journal entries.
Results
This initiative shows that impactful results can be achieved without costly systems. Finance delivered significant gains in efficiency, control, and staff morale.
Conclusion
The initiative demonstrates the role of finance as a strategic enabler of digital transformation, achieving small changes with big impacts.
Lessons Learnt
Impactful results can be achieved with targeted streamlining and practical tools without overengineering.
Keywords
Automation, Excel VBA, Financial Close, Efficiency, Staff Wellness
Innovators' Details
Innovators' Details
Healthcare Cluster(s) | SingHealth |
Organization(s) Involved | SingHealth Community Hospitals |
Platform(s) | Singapore Healthcare Management Congress |
Healthcare Professional Group(s) | Healthcare Administration |
Applicable Specialty or Discipline | Healthcare Administrators |
Project Lead(s) | Josephine Tan |
Project Member(s) | Jon Tan |
Connect with this contributor!
Josephine Tan - singaporehealthcaremanagement@singhealth.com.sg (opens in new tab)