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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

PROFITstar Budget is a versatile software solution tailored for organizations looking for an all-encompassing approach to budgeting, financial forecasting, and reporting, seamlessly compatible with any core operating system. This platform supports both top-down and bottom-up budgeting methods, accommodating scenarios where budgeting occurs at either the consolidated financial level or the branch/cost center level before consolidation. PROFITstar Budget streamlines the budgeting process by enabling institutions to create custom scenarios and forecasts, ensuring efficiency and precision. With just a few clicks, users can produce tailored variance reports and visual representations of their financial data. Furthermore, it is designed to adapt and scale with institutions, making it suitable for a wide range of users, from smaller entities to large corporations with multi-billion dollar portfolios. The software not only enhances the budgeting experience but also empowers organizations to make informed financial decisions effectively.

Description

The budgeting process in hospitals is fundamentally flawed and inefficient. Typically, these organizations invest anywhere from three to six months and over 100,000 hours to create a budget that often misses the mark by tens of millions of dollars and becomes outdated as soon as it is completed. There must be a more effective solution, and such a solution exists. StrataJazz stands out as the most comprehensive Advanced Planning tool available, fundamentally transforming the way healthcare providers approach planning, budgeting, forecasting, and managing both operating and capital expenses. As a result, the planning process becomes not only more efficient but also more accurate and responsive to change. By implementing top-down rolling planning methods, integrating relevant cost data seamlessly, and utilizing advanced automation, workflow, and analytical best practices, StrataJazz fosters a collaborative and results-driven budgeting process that is markedly more precise and considerably less time-consuming. This innovative approach ultimately empowers healthcare organizations to allocate resources more effectively and enhance their financial performance.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

ProfitStars

Founded

1983

Country

United States

Website

www.profitstars.com/Financial-Performance/profitstar-solutions/Pages/PROFITstar-Budget.aspx

Vendor Details

Company Name

Strata Decision Technology

Website

www.stratadecision.com/solutions/financialplanning/

Product Features

Budgeting

"What If" Scenarios Yes 
Asset Planning Yes 
Balance Sheet No 
Capital Asset Planning No 
Cash Management No 
Consolidation / Roll-Up No 
Forecasting Yes 
General Ledger Yes 
Income Statements No 
Multi-Company No 
Multi-Department / Project No 
Profit / Loss Statement No 
Project Budgeting No 
Run Rate Tracking No 
Version Control No 

Product Features

Hospital Management

Accounting Integration Yes 
Appointment Management No 
Appointment Scheduling Yes 
Bed Management No 
Billing & Invoicing No 
Claims Management No 
In-Patient Management No 
Inventory Management No 
Medical Billing Yes 
Out-Patient Management No 
Patient Records Management No 
Physician Management No 
Policy Management No 
Revenue Management No 

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