Tim Bryars, care home lead at cloud accounting software business iplicit, looks at how technology can help care home decision makers navigate financial challenges
The challenges that the care home sector has had to contend with in recent years have put a huge strain on many finance teams.
After the trauma of the pandemic, everyone in the industry deserved a respite. Instead, they have had to deal with the pressures of soaring costs, staff shortages, ever-increasing regulation, and constantly changing standards and inspection regimes.
In many businesses, the finance team are unsung heroes. Theirs is often the Cinderella department, all but invisible on the frontline but vital to ensuring the business can go on delivering quality care.
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