DDR Technologies Flexible Budgeting Services extend the budgeting power of McKesson’s Pathways Financial Management (PFM), Pathways Materials Management (PMM), and Flexi Financials. We understand the cost control challenges healthcare organizations face and our solution improves cost control by helping you develop, automate, and implement a flexible budget.
As you know, the common static budget is based on a predicted activity level and, when the actual activity varies from plan, standard reports obscure the success of cost control efforts even when actual expenses are under plan.
A DDR Flexible Budget:
- Distinguishes between fixed and variable costs
- Automatically adjusts to actual activity levels
- Varies the budget amounts accordingly
Benefits
- Cost-drivers are better understood
- Budgets remain realistic
- Actual cost and allowable cost are accurately compared
- Finance executives can provide better insight into improving business performance
- Overall cost control is improved
Want to learn more?
To get more information about Flexible Budgeting Services or to answer any of your questions, please call DDR at 678-905-5110, contact us via email, or submit an information request form.
