Thursday, 7 December, 2023

31 Mar 2012 | eLABORATE

news > Spectrum > Page 14

Bottom line thinking

The benefits of "computerizing" your practice are well documented. Compared to a "paper and pen" solution, using software offers a huge range of benefits such as the ability to find previous patients at the click of a button, producing auditable patient records for your entire patient history in a matter of seconds or running weekly patient recall reports (to name but a few). However, one main concern over computerizing a practice remains - the cost of software and hardware purchases.


Fortunately the software industry has experienced a major innovation over the last few years with web-based systems becoming increasingly available in most professions. A good example is an accounting system called "xero.com" (pictured left) which provides a viable "pay-as-you-go" solution to installed software packages such as MYOB. "Pay as you go" software is sometimes also referred to as "Software as a Service" (SaaS). For Prosthetists, BaseDiary.com.au (pictured above right) has become available over the last few years offering the same advantages to the dental industry that all web-based systems offer compared to installed software.

The cost of purchasing software outright represents a large capital outlay for a small business and could severely impact on cash flow in the year of the purchase. Such an outlay may even delay the decision to purchase any software package to computerize a practice. By comparison using an "SaaS" solution distributes the license cost and other fees over many years, making the software purchase easily affordable for small businesses while allowing the practice owner to benefit from the advantages of a computerized practice.

A common concern of using "pay as you go" solutions is that the business will never own the software it uses. However, the reality of software maintenance is that software vendors need to update, fix and support their packages which requires them to pass on some of that cost to its customers in the form of support fees and software upgrade fees.

As a result, the cumulative cost of software purchases continues to affect cash flow even after the initial license cost is accounted for. In contrast, SaaS solutions turn IT cost into plannable expenses with no surprises.

Stream the latest dental videos...
Preparing Your Business Recovery Plan

Upcoming Events...

Jan 08 2024
Feb 13 2024
Mar 09 2024
Mar 12 2024
Mar 13 2024
Mar 21 2024

ADX24 Sydney

Sydney, AUSTRALIA

Apr 16 2024

Dentists Behaving 'Very' Badly

Brisbane, AUSTRALIA

Apr 19 2024

IDEM Singapore 2024

Singapore, SINGAPORE

May 11 2024
May 14 2024
May 24 2024
Jun 01 2024
Jun 22 2024
Sep 07 2024
Sep 14 2024
Mar 25 2025

IDS 2025

Cologne, GERMANY

May 08 2025