Billing and Allocation Platform
Technology
Singapore Healthcare Management Congress
SingHealth
31 December 2018
Develop a billing and allocation platform to automate payroll and cost allocation processes. The platform significantly enhanced the efficiency of payroll billing and cost allocation across SingHealth institutions.
Year Submitted: 2018
Published Date: 31 December 2018
Tags: Technology, Digitalisation, Automation, Financial Services/FinTech, Operational Management, Financial Management
About this Content
Aims
Develop a billing and allocation platform to automate payroll and cost allocation processes.
Background
Manual processes for billing and allocation were labor-intensive, error-prone, and inefficient.
Methods
Designed billing and allocation modules with automated journal entry generation and reporting through OBIEE.
Results
Reduced manual effort; improved accuracy and auditability; facilitated cost allocation and financial reporting.
Conclusion
The platform significantly enhanced the efficiency of payroll billing and cost allocation across SingHealth institutions.
Lessons Learnt
Automation improves productivity, ensures accuracy, and streamlines financial processes.
Additional Information
Singapore Healthcare Management 2018 – Best Practice Medal (Finance Operations).
Keywords
Technology & Automation, Cost Allocation, Payroll, Finance Operations.
Innovators' Details
Innovators' Details
Healthcare Cluster(s) | SingHealth |
Organization(s) Involved | National Dental Centre Singapore, IHIS-Synapxe |
Platform(s) | Singapore Healthcare Management Congress |
Healthcare Professional Group(s) | Healthcare Administration |
Applicable Specialty or Discipline | Healthcare Administrators |
Project Lead(s) | Lynn Yeo |
Project Member(s) | Jeannie Koh |
Connect with this contributor!
Lynn Yeo - lynn.yeo@singhealth.com.sg
Project Attachment
SHM_FN009_SingHealth_Billing_and_Allocation_Platform_combine.pdf