Overview
What is Virtuo MIS?
Virtuo MIS is a suite of software applications designed by MediSolution to streamline and automate various business processes in the healthcare industry. The product is targeted at healthcare organizations of all sizes, including hospitals, clinics, and healthcare systems. According to the vendor, Virtuo...
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Product Details
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- Tech Details
What is Virtuo MIS?
Virtuo MIS is a suite of software applications designed by MediSolution to streamline and automate various business processes in the healthcare industry. The product is targeted at healthcare organizations of all sizes, including hospitals, clinics, and healthcare systems. According to the vendor, Virtuo MIS caters to a wide range of professionals and industries, including healthcare professionals, finance managers, supply chain managers, human resources managers, and IT administrators.
Key Features
Human Capital Management: According to the vendor, Virtuo MIS simplifies and streamlines the management of people and workforce-related costs. The modules, such as Staff Scheduler, Human Resources, Payroll, Employee Self Service, and eRecruit, automate and integrate complex Payroll and HR administration activities. The vendor claims that the software is customizable for complex organizations, diverse workforces, and multiple collective agreements.
Finance Management: The vendor states that Virtuo MIS acts as the backbone of healthcare organizations' finance system, increasing efficiency and accuracy of financial processes. The modules, including General Ledger, Accounts Payable, and Asset Management, automate financial and statistical information generation. The product is said to reduce accounting errors caused by manual data entry.
Supply Chain Management: According to the vendor, Virtuo MIS reduces the loaded cost of supplies and equipment, while increasing productivity and enhancing patient outcomes. The modules, such as Materials Management, Requisitioning, and Inventory Sales, automate and integrate sourcing, tendering, contracting, purchasing, and payment processes. The software is claimed to consolidate supply chain management and increase negotiating leverage.
Accounts Receivable: The vendor claims that Virtuo MIS manages high-risk receivables and improves cash management. The modules, including AR Manager, Activity Entry, Invoicing, Cash Receipts, Cash Management, and Reporting, automate invoicing and billing for multiple entities. The product is said to provide an online aged trial balance with activity drill-down and integrates with Virtuo MIS Financial Management.
System Management: According to the vendor, Virtuo MIS equips staff to manage the technical aspects of Virtuo MIS applications from a single location. The modules, such as Security Manager, Server Update Wizard, Data Manager, Schema Location Editor, XML Location Editor, System Manager, Virtuo MIS Setup, and Virtuo MIS Messaging, automate upgrades and database management, reducing resources required for software maintenance. The product provides tools for security, data management, and interface setup.
eCommerce Management: The vendor claims that Virtuo MIS enables the buying and selling of products and services electronically. The modules, including EDI 850 (Purchase Order), EDI 855 (Purchase Order Acknowledgement), EDI 856 (Advance Ship Notice), EDI 810 (Invoice), and EDI 832 (Price Sales Catalog), provide automation and integration with Virtuo MIS Supply Chain Management. The product is said to eliminate the need for paper documents and reduce filing requirements.
Virtuo MIS Features
- Supported: Enterprise Asset Management
- Supported: Financial Management
- Supported: HR Management
- Supported: Integrated Business Operations
- Supported: Inventory Management
- Supported: Order Management
- Supported: Purchase Order Management
- Supported: Supply Chain Management
- Supported: ACH Payment Processing
- Supported: Aging Tracking
- Supported: Billing & Invoicing
- Supported: Customer Statements
- Supported: Overpayment Processing
- Supported: Partial Payments
- Supported: Payment Collection
- Supported: Receivables Ledger
- Supported: Recurring/Subscription Billing
- Supported: Budgeting/Forecasting
- Supported: Consolidation/Roll-Up
- Supported: Financial Reporting
- Supported: Revenue Recognition
- Supported: "What If" Scenarios
- Supported: Audit Trail
- Supported: General Ledger
- Supported: Income & Balance Sheet
- Supported: Multi-Company
- Supported: Profit/Loss Statement
- Supported: EDI
- Supported: Order Fulfillment
- Supported: Supplier Management
- Supported: Employee Scheduling
- Supported: Recruitment Management
- Supported: Time & Attendance
Virtuo MIS Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
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Operating Systems | Windows |