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Strategic Financial Planning System
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Ferox Microsystems, Inc. 8403 Porter Ln. Alexandria, Va. 22308 tel: (703) 684-1660 fax: (703) 780-2014 |
Strategic Financial Planning System
Powerful, Flexible, Easy to Use, and Affordable If you want to improve your financial planning process, then the Strategic Financial Planning System (SFPS) by Ferox Microsystems is the best software choice for your healthcare organization. SFPS is an innovative financial planning software system that is powerful, flexible, comprehensive, fast, and easy to use. A single hospital can use SFPS to meet all of its financial planning needs. SFPS also provides an enterprise financial planning solution that you can use to model any type of entity, including hospitals, physician practices, long-term care facilities, other providers, corporate functions, and health plans. In addition to modeling each entity, you can model intercompany activity and produce a true consolidated forecast.
SFPS gives you both tremendous power and flexibility. The Financial
Model provides a modeling approach that is sufficiently powerful for
many different types of financial projections and forecasts. You can
create a full set of financial statements, ratios, and analytical reports
such as debt capacity with a minimum of effort. SFPS also provides
considerable flexibility because you can choose from among a number
of different modeling methods. For example, you can choose payment
methods, FTE calculation methods, nonsalary expense modeling
methods, debt amortization parameters, and working capital account
modeling methods.
If you need to use a greater level of detail than provided in the
Financial Model, or if you require specialized modeling functions, you
can choose from among the SFPS Submodels. The
SFPS Submodels provide departmental salary and nonsalary expense
modeling, demand forecasting,
capital planning and analysis, product line modeling,
business planning and analysis of new programs or services, bond sizing, capitation contract modeling, and historical data analysis.
The data from each Submodel integrate with the Financial Model, and
you can use any combination of Submodels to suit your modeling
needs.
SFPS has an extensive set of tools that help you develop, analyze,
and manage your financial models. These tools include
Goal Seek, Drill Down, Risk Analysis, Sensitivity Analysis, Scenario Comparisons, and Consolidation. For instance, you can use the Scenario
Comparison Tool to extract data from a set of models, whether the
models are multiple entities or multiple scenarios for a single entity.
You can view the results and create a graph with one keystroke. If your
underlying data change, you can recreate the Scenario Comparison in
just a few seconds. You can use the
Risk Analysis Tool
to assess how uncertainty in demand can affect your organization's financial outlook. The
Consolidation
Tool quickly creates and performs
consolidations that include all of your entities, and you can model at the
consolidated level as well if you want to see the effect of making
changes in system-wide assumptions.
SFPS has comprehensive reporting and graphing
capabilities. You can choose from among a set of pre-defined graphs, add peer-group data to
graphs, customize report and graph appearance, and create your own graphs. Reports and graphs can be
printed individually or in batches, and you can copy them for use in
other software applications such as presentation packages. The
Flexible Reporting Tool lets you create your own reports and analyses such as key indicators, scenario comparisons, entity comparisons, or using any data element available in any Financial Model or Submodel.
SFPS provides an unmatched combination of power, flexibility, and
ease of use that make it the best financial planning software for your organization.
Click on these links for more information about SFPS:
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