Automated Budget Statements
NHS Greater Manchester Shared Services (GMSS), North West, Clinical Commissioning Group (CCG)
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NHS Greater Manchester Shared Services (GMSS), North West, Clinical Commissioning Group (CCG)
The GMSS corporate finance team needed to deliver an automated solution to provide standard monthly budget statements by cost centre, showing actual variance to budget and forecast. The current process was inefficient and inadequate. There was a real need for accurate and consistent reporting across the organisation.
How can we best support GMSS budget holders with accurate financial information so that their decision making increases efficiency, minimises expenditure and at least maintains if not improves, the quality services delivered?
All the documents and resources relating to this innovation can be found in the downloads section at the bottom of the page.
Read now“This innovation meets and addresses the challenge to provide timely, accurate and user-friendly management information to budget holders.”
“Reduces management accounts time which can be repurposed for value added activities.”
“This is a positive development that should be shared wider for the rest of the NHS to utilise.”
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