CLIENT PROFILE In the dynamic healthcare environment of Australia, a prominent hospital faced challenges in managing the depreciation of its extensive medical equipment inventory. This led to inefficiencies in budget allocation and unnecessary expenditures on equipment purchases. CHALLENGE The hospital's key issues included: Inefficient tracking of medical equipment depreciation, affecting budget planning. Excessive spending on new equipment purchases due to a lack of visibility into existing assets. Manual and error-prone processes for asset management. Difficulty in adhering to Australian healthcare financial regulations and standards.

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