CareFinancials

OLM were the first supplier to offer a fully integrated suite of financial management models for social services. With over 10 years experience of delivering the complex functionality required, OLM's customers today rely on CareFinancials to manage over £3bn worth of social care expenditure.

CareFinancials has been designed by experienced finance professionals from social care to ensure all functionality is available to support the range of finance processes across all client groups. CareFinancials provides the key capability to dynamically link client service activity and financial data through an integrated process - the essential ingredients to successful Performance Management models.

The CareFinancials suite has been designed with the flexibility to meet the needs of individual customers but also with a clear view of good and best accounting practice. As a testament to its usability and productivity improvement capability, over £3 billion of care payments are managed through CareFinancials each year covering both income and expenditure. By integrating the care process with financial processes, CareFinancials significantly reduces the tedious paper chasing, unnecessary duplication and inefficiencies that get in the way of effective care planning.