Integrated supply chain and financial management solutions to drive NHS cost savings and efficiency improvements
Advanced Business Solutions (Advanced), a market leading business applications and service provider, has signed a strategic partnership agreement with GHX UK (GHX), an award-winning developer of supply chain management and e-procurement solutions for the healthcare sector.
The partnership means that Advanced’s NHS user base can take full advantage of the GHX cloud-based supply chain management solutions, which will fully integrate with Advanced’s financial management system.
GHX products include the powerful Nexus, a content management solution, for up-to-date catalogue and content information and Powergate for materials management, including the advanced handheld barcoding solutions. Additionally, GHX Exchange will enable integrated electronic document exchange with suppliers, which includes electronic purchase ordering and e-invoicing. The solutions will be supplied, serviced and supported by software specialists from Advanced and GHX.
Both organisations have integrated their solutions to deliver a full end-to-end process for the trusts, which will benefit from more accurate accounting, spend analysis, materials management and financial planning. Availability via the cloud also helps reduce the need for internal IT infrastructure, a cost-centre which many organisations in the NHS are moving away from in their efforts to reduce spending.
Dean Dickinson, Managing Director, Advanced Business Solutions comments: “Our partnership with GHX will enable us to broaden the offer for our NHS customers and further help them to streamline supply chain and requisitioning processes.
“NHS finance departments can now benefit from the integrated Advanced and GHX solutions by gaining access to accurate, up-to-date purchasing information, automated requisitioning processes and e-commerce functionality such as e-invoicing.”
Procurement teams will be able to access multiple catalogues containing thousands of line items and prices via a single browser. Suppliers can update their catalogues in real time, as and when required. Nexus replaces reliance on spreadsheets, which can become out of date very quickly and, as a result, are often a source of errors.
James Thirkill, Commercial Director, GHX UK comments: “We have a strong track record of helping healthcare organisations reduce costs and improve efficiencies and our solutions are already used by 50% of acute care hospitals in the NHS.”
“By partnering with Advanced, we are combining the expertise of two companies with substantial experience in supporting NHS organisations. The integration of GHX supply chain management applications with eFinancials creates a powerful solution that has the potential to transform requisitioning in the NHS.”