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Finance & Procurement

Our innovative shared finance and procurement system supports the NHS Shared Service National Agenda

Our shared finance and procurement solution has been developed specifically for use by NHS organisations and is designed to promote best practice and maximise efficiencies.

Using market leading technology (Oracle e-business suite) the NEP solution is a mutli-organisation configuration using a single instance. This configuration provides NHS organisations with the opportunity to operate as either a single organisation (i.e. retain control of local processing, reporting and payments) or as part of a local or central shared service arrangement.

The main advantage of a shared system is the standardisation of data. Consolidated procurement data is presented and can be reported in a consistent manner which supports National Initiatives and also helps organisations in identifying and achieving spend efficiencies.

Benefits

Templated Design

The design and configuration ensures consistent data sets across all NEP organisations.

Aggregated Data

Standard data sets mean that information can be easily aggregated.

Consolidated Reporting

Aggregated data means that data is presented in a consistent manner for easy reporting

Key service features include:

The NEP solution is hosted by our Managed Service partner, Capita Integrated Business Solutions and includes:

  • Production and User Acceptance Testing environments
  • System patching
  • System upgrades
  • Daily backups
  • Disaster Recovery provision

The NEP configuration template includes:

  • A common Chart of Accounts structure
  • Standard product classification (NHS eClass)
  • GS1 ready
  • Standardised Subjective Coding
  • A standard Reporting Suite
  • Common processes and procedures incorprating best practice
  • Standard Third Party system interfaces
  • Standard NHS access levels (Oracle Responsibilities)

Modules available include:

  • General Ledger
  • Accounts Payable
  • Accounts Receivable
  • Fixed Assets
  • iProcurement
  • Cash Management
  • Purchasing

Find out how NEP can help your trust

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