Logibec Financial Management System (FMS)

• Streamline budget preparation and monitoring via tight integration with actual ledger data

• Increase operational efficiency by centralizing operations and automating financial workflows

• Create financial strategies to optimize teams’ use of resources

• Gain greater visibility into financial processes

• Increase flexibility and control in managing budgets, commitments and projects

• Access reliable projections to ensure sound financial governance

• Enjoy reliable, uninterrupted document transmission and operational traceability

• Automate repetitive manual tasks and centralize various financial transactions

• Increase sustainability via reduced use and handling of paper documents

• Powerful web-based interface for budget process management (Budget Web)

• Real-time collection and processing of statistical and financial data, including journal entries

• General ledger entry format in compliance with government requirements

• Billing and revenue-collection processes in accordance with current legislative requirements

• Automated invoice, remittance, and payment processing in Canadian and other currencies

• Integrated Electronic Documentation Management (EDM)

• Support for fixed asset transactions, centralized registers, and project tracking

• Integration with Logibec Material Management System (MMS) and other payroll processing solutions for seamless transfer of compensation data

• Integration with procurement and ADT systems to provide automatic transaction processing

This is a two-phase upgrade that merges and optimizes the Logibec Financial Management System (FMS) and Logibec Material Management System (MMS) databases. This upgrade provides access to next-generation web products and many immediate enhancements. Ultimately, the goal is to help care teams and administrative staff better serve patients.

A technology upgrade improves the speed and overall performance of the product, primarily by merging the databases.

The operation also implements the technology architecture required to move to a web management mode. This new architecture lets you use the Budget and Requisition Receipt modules in web mode, as well as any other web module to be developed in the future. Software updates can be done remotely instead of manually at each workstation. Lastly, the upgrade includes 180 improvements to the interface and features based on client feedback.

Simplified telework
The solution is accessible remotely and updates are easier to deploy to the client environment

Increased speed and performance
Merging the FMS and MMS databases boosts system performance and speed

Access to future web modules
The new technology gives access to the Budget Web modules and other future web modules

Enhanced user experience
Users can benefit from more than 180 interface enhancements and new features

1. Project planning

• Identification of key players
• Implementation of schedule

2. Preparatory work

• Technical audit of the environment
• Database adjustment for tests if required
• Validation of technical prerequisites

3. Testing period

• Installation of test environment
• Management of validation tests
• Production release planning

4. Production launch

• Work in production
• Start of production operations
• Stabilization of environment

5. Final adjustments

• Post-mortem and retrospective
• Project operationalization

The time required to complete the FMMS technology upgrade depends on several factors, including database complexity and resource availability. Take, for example, a hospital with some 5,000 employees that issues nearly 40,000 purchase orders each year: the upgrade was completed in three months.

While our teams are used to planning for this type of project, their capacity is demand-driven, so we suggest that you contact us for an idea of a potential timeline.

We invite you to contact us.