Implementation of Hyperion Planning System
Technology
Singapore Healthcare Management Congress
SingHealth
31 December 2018
Reduce manual processes for budgeting and automate budget data extraction for analysis and submission. The Hyperion Planning system streamlined budgeting processes and enhanced collaboration across SingHealth institutions.
Year Submitted: 2018
Published Date: 31 December 2018
Tags: Technology, Digitalisation, Automation, Financial Services/FinTech, Data Management, Data Analytics, Data Platform, Digital Platforms
About this Content
Aims
Reduce manual processes for budgeting and automate budget data extraction for analysis and submission.
Background
Manual budgeting processes were time-intensive and prone to errors, impacting operational efficiency.
Methods
Reviewed current processes, conducted design workshops, and implemented a Hyperion Planning system with extensive testing and change management.
Results
Reduced manual effort and errors; consistent budget drivers improved accuracy; enhanced data visibility for stakeholders.
Conclusion
The Hyperion Planning system streamlined budgeting processes and enhanced collaboration across SingHealth institutions.
Lessons Learnt
Automation fosters a consistent and accurate approach to budgeting, improving strategic decision-making.
Additional Information
Singapore Healthcare Management 2018 – Highlighted Initiative for Technology Integration in Finance.
Keywords
Technology & Automation, Budgeting, Finance Operations, Strategic Planning.
Innovators' Details
Innovators' Details
Healthcare Cluster(s) | SingHealth |
Organization(s) Involved | SingHealth Headquarter, Singapore Health Services, Singapore General Hospital, Changi General Hospital, Sengkang General Hospital, SingHealth Community Hospital, SingHealth Polyclinics, National Cancer Centre Singapore, National Dental Centre Singapore, National Heart Centre Singapore, National Neuroscience Institute, Singapore National Eye Centre, KK Women and Children Hospital, DUKE University - National University of Singapore |
Platform(s) | Singapore Healthcare Management Congress |
Healthcare Professional Group(s) | Healthcare Administration |
Applicable Specialty or Discipline | Healthcare Administrators |
Project Lead(s) | Charlene Nah |
Project Member(s) | Annie Tan |
Connect with this contributor!
Charlene Nah - charlene.nah.z.m@singhealth.com.sg
Project Attachment
SHM_FN008_SingHealth_Implementation_of_Hyperion_Planning_system_combine.pdf