How it works
Aged care providers often face financial challenges from delayed reimbursements and operational costs. Invoice financing offers a solution by allowing care homes to convert unpaid invoices into immediate working capital, ensuring timely payroll and continuity of services. Additionally, revenue-based financing is becoming popular for expanding facilities and upgrading infrastructure, while digital financial solutions are improving access to flexible funding tailored to aged care needs.
IMS Decimal acts as an extension of your care home’s financial team, handling critical back-office functions with precision and efficiency. Our services ensure accurate financial reporting, streamlined payroll processing, optimised cash flow management, and full regulatory compliance.
How IMS Decimal supports care homes providers
Services for Care Home Businesses
These services ensure robust financial tracking, compliance, and operational visibility.
- Accounts Payable & Receivable Management
- Bank Posting & Reconciliation
- Payroll Processing & Staff Entitlements Accounting
- Revenue Recognition (Resident Fees & Government Subsidies)
- Fixed Asset Register Maintenance & Depreciation
- Job-Level or Unit-Based Cost Accounting
- Monthly P&L and Balance Sheet Preparation
- Cash Flow Forecasting & Management
- Accruals & Prepayments Accounting
- Budgeting & Variance Analysis
These services ensure robust financial tracking, compliance, and operational visibility.
- Medicare & Government Funding Reconciliation
- NDIS/ACFI/AN-ACC Claim Reconciliation
- Resident Trust Account Management
- Audit Preparation & Financial Reporting Compliance
- GST & BAS Reporting (Australia-specific)
- Fringe Benefits Tax (FBT) Support
- Statutory Reporting to Aged Care Quality and Safety Commission
- Grant Management & Compliance Tracking
Focused on day-to-day care economics and personalised financial tracking.
- Resident Billing & Fee Invoicing (RAD, DAP, Extra Services)
- Refundable Accommodation Deposit (RAD) Accounting & Reconciliation
- Daily Accommodation Payment (DAP) Management
- Resident Income Means Testing & Financial Assessment Support
- Damage Charges & Room Maintenance Billing
- Room-Level Profitability Tracking
- Catering, Cleaning & Medical Cost Allocation by Wing or Unit
Why IMS Decimal?
Robust Processes
Quick Turnaround Time
Scalability
Cost Efficiency
Software deck
