Pharmacy Management System: Common Modules and Features

Pharmacy Management System: Common Modules and Features

Alex D'Souza, Healthcare Tech Outlook | Friday, June 04, 2021

To get the maximum benefit from the management system, integrate it with the tools already in use.

FREMONT, CA: Pharmacy management software is multifunctional and has a variety of tools. It is fair to construct such a system in a modular fashion, with identical features organized into separate modules. Furthermore, each pharmacy requires its own collection of features and modules in pharmacy apps. The features one chooses should be determined by the goals. Below are some features that may be useful.

Inventory Management

One of the most challenging aspects of running a pharmacy is inventory management. Pharmacists spend almost one-fifth of their workday handling material, according to a research paper. Inventory management on paper is inefficient and prone to human error. Paper-based systems often take a long time to plan, monitor, and evaluate. On the other hand, pharmacy software that includes inventory management takes the inventory automatically and frees the staff’s time. It also enables pharmacies to meet consumer demand while also making data-driven decisions.

Consider using the following functions in the inventory management module:

• View inventory levels and status for each commodity and region (if one has a chain).

• Automatically update stock levels when customers buy from the business.

• Create and deliver buying orders to suppliers.

• Receive real-time alerts anytime a medication is about to expire.

• Generate reports.

Top 10 Pharmacy Management Solution Companies - 2020Document and Data Management

A pharmacy has a lot of data and documents circulating around. Make the device capable of scanning, storing, and retrieving documents.

A pharmacy data management module should have the following features:

• Scan or manually enter patient records, such as notes from doctors and pharmacists.

• Store and view medical data.

• Retrieve medical information.

Analytics

This is a crucial module because it will help firms further understand their pharmacy’s success and provide insight into the revenue, costs, and sales.

An analytics module should have the following features:

• Customers and suppliers’ list.

• Inventory-on-hand reports.

• Daily, weekly, quarterly, monthly, and yearly revenue reports.

• Reports on orders, profit margins, sales, purchase orders, trending medications, and so on.

Integrations

To get the maximum benefit from the management system, integrate it with the tools already in use. One can automatically log transactions and upgrade inventory if they connect with a Point of Sale (PoS) system. Try adding e-prescribing tools to make medications easier. It would speed up the drug filling, renewal, modification, and cancellation procedures.

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