Sunshine Coast Health InstituteA healthy charity and a healthy business thanks to MYOB Advanced
Sunshine Coast Health Institute provides education and research facilities for health professionals on the Sunshine Coast of Queensland. They needed a robust accounting and reporting platform to manage their assets and partners. MYOB Advanced ticked all the boxes as an Australasian developed cloud-based solution.
Who are Sunshine Coast Health Institute?
The Sunshine Coast Health Institute (SCHI) is an education, research, and training facility. It is a joint venture between the Sunshine Coast Hospital and Health Service, the University of the Sunshine Coast, TAFE Queensland, and Griffith University. SCHI aims to provide a range of educational tools and training to develop and improve the skills of doctors, nurses, allied health workers, health professionals, and vocational students.
What catalysed the switch to MYOB Advanced?
SCHI needed to be able to apportion costs to each of their partners and provide clean, transparent, and auditable financial records. The partners all needed to be easily able to access this information. Their system also needed to be able to meet Queensland Government regulations and align their chart of accounts with the state health department.
What changes followed the decision?
As one of the few cloud-based ERP systems that meet Australian sovereignty laws, MYOB Advanced was a standout option for SCHI. Being an Australian based company, MYOB and its partners are also able to offer local support. Browser access made it easy and seamless for SCHI and their partners to access data.
How are they now?
With a streamlined financial solution, the organisation is able to ensure that the joint venture continues to be sustainable and run effectively into the future. SCHI can apportion costs to different cost centres for each partner, so that they have direct visibility into their contribution. The transparency into all costs removes any reason to mistrust SCHI. Any auditing done by Queensland Health is also simple and easy, and MYOB Advanced can handle any difficult reporting requirements. Adopting a cloud-based solution also means that they have avoided infrastructure costs and responsibilities, which frees up their resources for research and education.
To learn more about how MYOB Advanced has helped the Sunshine Coast Health Institute to help provide educational tools and benefits, read the PDF here. To learn more about the MYOB Advanced product, visit the page here.