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In the healthcare world, staff wages and benefits account for a large portion of the budget, and because of this, medical facilities need an effective tool to keep track of all of their labor expenses.
Many large corporations throughout the United States have more consistent funding and cashflow than small businesses and nonprofits, but while they may be more steady, having a strong budget is still of the utmost importance.
Chief financial officers at hospitals across the United States are faced with many challenges due to the restrictions that the current state of the economy is putting on their budgets.
