Asset Management White Papers

MAS 500: Just What the Doctor Ordered for Mercy Health Plans

Overview Nearly two centuries ago Catherine McAuley devoted her life to ministering to Dublin's poor, sick and uneducated. Until recently, MHP had a seriously ill accounting package. Balance sheets wouldn’t balance. Transactions didn’t add up when the general ledger report was run. System crashes were frequent. MAS 500 is now the foundation for all of Mercy Health Plans’ financial operations, and accounting functions are healthy again. Not only does MAS 500 perform all general ledger and payable functions, but it can receive data from MHP’s administrative system, a vertical product designed for the health insurance industry. A fully automated interface between the MAS 500 Accounts Receivable module and the administrative system, created by MHP’s reseller, should be operational in the next two months. Previously, their staff accountant would spend approximately two days each month performing manual entries and adjustments between groups. Now each intercompany entry is made only once, reducing the total time spent on such entries to about half a day each month.

Further White Paper Details
PublisherBest Software File FormatPDF, requires Acrobat Rdr 5
Date PublishedAugust 2003 Downloads2
FormatCase Studies   
Topics

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