Struggling to Manage Multiple Pharmacies? Central Reporting Can Help

Posted on Aug 23, 2024

Operating one independent pharmacy can be hard enough, never mind trying to keep up with several locations. Let’s explore why – and what you can do about it.

The Problem

For most multi-store owners, one of the biggest challenges is simply time management. Often, owners spend countless hours travelling between locations and additional time onsite, just to assess how each pharmacy is performing. Over time, this inefficient process is not only physically and mentally draining, but it’s costly too.

The Solution

We know, you’re probably thinking, “I know, but there’s nothing I can do about it.” However, that’s not true! BestRx has a simple, effective solution that can help, Central Reporting.

Using an online portal, the Central Reporting feature provides pharmacy owners with access to vital reports for one or multiple stores in one convenient place. Available reports include:

• Accounts receivable information.
• Prescription and OTC sales.
• Inventory and usage trends.
• Profitability metrics, including drug acquisition costs and prescription reimbursement rates.
• Prescription statuses and workflow history.
• Employee shift activity.

Plus, just like in BestRx these reports can be filtered to display more targeted information. However, Central Reporting simplifies things even further because its reports can be run for a single store, multiple locations, or all pharmacies under the same ownership.

Getting Started

Central Reporting can be added to any of our software tiers for a monthly fee. Once enabled, pharmacies gain immediate remote access to their operational reporting. That means you keep tabs on what’s going on at any and all of your locations, without having to physically be onsite.  If you’re struggling to manage one or multiple pharmacies, request a free demo and find out how BestRx and its Central Reporting feature can help!