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LAKE Solutions for Care

Online Workshops

Online Workshops

Online workshops provide you with a confidential one-to-one presentation.

CLICK HERE, for available dates and times.


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0113 273 7788
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Meeting challenges facing the Finance team

Sector: Care

The Finance team in the Care sector have a challenging time, with complex reporting needs and the difficulties associated with managing an organisation spread across many locations.

The combination of SunSystems software and LAKE's focus on the Care sector helps deliver solutions to these challenges:


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Understand how resources are generated and expended by activity and home

With a LAKE Care solution you can analyse activity mapped against your own individual key performance indicators, such as home, region, account, fund-source, etc. And user-friendly, graphical drill-down tools ensure that you can uncover and analyse the trends, problems and opportunities that are often concealed in your detailed transactional data.



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Produce reports to numerous stakeholders from the same underlying database without additional work

At the click of a mouse the LAKE Care solution allows you to produce reports from the same underlying database for all interested stakeholders; such as budget holders, management, trustees, the public, the government, and regulatory authorities such as the Charity Commission.



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Deliver real-time access to financial and non-financial data

SunSystems Vision is the online reporting and analytics tool that enables you to query and explore all your financial and non-financial data in real-time. Vision's powerful reporting features are combined with the familiarity and ease of use of the Microsoft Office Suite.

  • Unrivalled ease-of-use
     
  • Drill down and drill around
     
  • Reports can be viewed and manipulated in real-time over the Web or can be output via email, PDF, HTML, Excel, or print
     
  • For managers, for budget holders, for Finance

 

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Manage the competing demands of central control and local flexibility

The LAKE Care solution provides the flexibility for each home to manage its own affairs whilst retaining financial control at the head office.



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Streamline and automate the billing process


  • Flexible billing rates including monthly, weekly, daily
     
  • Flexible billing periods, starting at any point during a month
     
  • Multiple "bill-to" parties per resident, with variable billing rules per party
     
  • Automated spread of income across accounting periods, with maintenance of balance sheet values for deferred/accrued income

 

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Charity Accounts

LAKE solutions provide all the features that you may need to account for charitable activities, such as:

  • Standard features to support SORP compliance and reporting
     
  • Account for partial or non-recoverable VAT
     
  • Track movements in every fund, distinguishing between restricted and unrestricted funds
     
  • Calculation and monitoring of charitable subsidy by resident and home

 

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Keep the organisation to its budget and positively prevent over-spend

The LAKE Care solution allows you to delegate authority with absolute confidence that spend will be kept safely within budget. It provides complete visibility of the cost pipeline and related cash flow requirements as soon as orders are requested and only allows over-spend with appropriate authority.



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A solution for the long term

Flexibility and scalability to accommodate new requirements as the organisation changes in the future, or as additional parts of the organisation entrust their accounting to SunSystems.