Bedford Hospital NHS Trust has gone live with Collaborative Planning, a budgeting and forecasting system from COA Solutions, to improve reporting efficiency and aid service–line reporting. This system, which is currently being rolled–out to 80 budget holders across the Trust, is providing Bedford Hospital with significant cost and time savings as well as increased financial transparency and accountability.

Collaborative Planning enables the creation and real–time monitoring of financial plans and forecasts. This web–based system, which is tightly integrated into Bedford Hospital ’s existing COA Solutions eFinancials and eProcurement financial management systems, makes it quick and easy to input and analyse financial information and produce reports, eliminating time-consuming manual processes and the consolidation of spreadsheets.

Richard Mellor, Financial Controller at Bedford Hospital NHS Trust, says, “Having enjoyed significant time and cost savings since implementing COA Solutions’ eFinancials and eProcurement systems, we were confident that Collaborative Planning would deliver us additional operational benefits.”

This BeyeNETWORK news item contains information from a recent press release by the company mentioned.