Odoo ERP and Accounting
The Client
The Royal Marsden NHS Foundation Trust is the world's first hospital
dedicated to cancer diagnosis, treatment, research and education,
leading in this field since 1851.
The KPI
Cost saving: 30% cost reduction compared with alternative systems
The Context
In 2019, Royal Marsden were in the process of setting up a wholly owned subsidiary, RM Medicines, to run pharmacy services internally.
After their procurement lead researched the various systems available to support the financial operations of the subsidiary, they came to the conclusion that the best way to meet their needs was to implement Odoo ERP Community Edition.
Following review and proof of capability, OpusVL were selected as Royal Marsden's partners for this project.
Open Source
It was crucial to Royal Marsden that the ERP system should be an open source solution, giving them perpetual use without ongoing license costs.
Patrick Highland, Finance Manager, Systems and Reporting at Royal Marsden, commented that:
"The NHS is an altruistic body and open source mimics the altruistic nature from an IT perspective"
Given that the use of open source software is an essential part of the Open Digital Approach
that underpins OpusVL's software delivery to the NHS, both parties were
clearly aligned in their vision for the delivery of this project from
the outset.
The Brief
Royal Marsden established three key objectives for the project:
- To increase staff productivity through automation of standardised operational and system processes
- To realise increased value for money through delivery of a product that avoids contractually hard and soft vendor lock-in
- To deliver an ERP solution to support the RM Medicines subsidiary
Royal Marsden specified a range of financial modules to be included in their cloud-hosted Odoo Community application, which were:
- General Ledger
- Accounts Payable
- Accounts Receivable
- Fixed Assets
- Cash Management
Straightforward data transfer with the Trust’s pharmacy system (WellSky - formerly JAC) was required as this not only manages electronic prescribing and dispensing, but also procurement through a custom file format. The team purchase the stock they need through WellSky, so it was crucial that these transactions were accurately reflected in the finance system.
This integration would enable Royal Marsden's finance team to rapidly and reliably import financial and purchasing data from Wellsky into the Odoo ERP system, for accounting purposes and accurately invoicing suppliers in a timely fashion.
The solution also needed to be compliant with HMRC Making Tax Digital requirements.
In addition to the operational outcomes, Royal Marsden outlined a number of key parameters for the ERP solution such as performance and sizing, in order to future-proof the solution and meet the growth needs.
Mutual goals were defined and and the respective partners committed to a partnership approach to this project.