Accounting that lives inside operations — not in a separate system
In Rifad, finance is never detached from care delivery. Every service provided to a patient generates its financial effect automatically — from invoice to journal entry to report — so the financial picture always matches operational reality.
Operations and accounting — one source of numbers
Traditional systems separate what happens in clinical departments from what gets recorded in the books, leaving gaps that consume the finance team's time in manual reconciliation at the end of every day or month. Rifad works on a different principle: the medical service itself is the source of the financial transaction. The moment a consultation, test or medication dispense is recorded, its effect flows into invoices, entries and balances automatically — following your chart of accounts and your organization's policies, with no double entry and no isolated accounting islands.
- Every recorded service leaves a documented financial trail — automatically
- No double entry between departments and accounting
- Operational and financial numbers come from one database
What does Rifad's finance module cover?
From the chart of accounts to analytical reports — integrated financial tools working in full connection with the rest of the system.
A Complete Chart of Accounts
A flexible, multi-level chart of accounts built around your organization's structure — accommodating branches, cost centers and the nature of medical services.
Entries Born from Operations
Journal entries are generated automatically from invoices, receipts, payments and inventory movements — with documented manual entries whenever needed.
Cash & Bank Management
Track cash boxes, bank accounts, receipts, payments and transfers between them — with balances that stay current.
Invoicing & Collections
Patient service invoices are issued at the point of service, with follow-up on cash and credit collection and the status of every invoice.
Patient & Payer Accounts
A clear account for every patient and guarantor showing services, payments and the outstanding balance — for faster settlement and easier review.
Insurance Companies & Claims
Manage insurer contracts, price lists and coverage ratios; prepare claims and track their status through to collection.
Receivables & Payables
Track aging balances for patients, suppliers and other parties, with detailed statements that help you manage liquidity.
Expenses & Cost Centers
Record expenses and allocate them to cost centers, departments and branches to understand the true cost of every activity.
Budgets & Financial Reports
Prepare budgets and compare them against actuals, alongside core financial reports built directly from recorded entries.
Multi-Dimensional Financial Analysis
Read revenue and cost by department, branch or service type — to see clearly where income comes from and where costs sit.
Financial Permissions & Approvals
Fine-grained permissions over financial screens and transactions, with configurable approval flows before vouchers and entries are posted.
Revenue & Cost Tracking
Periodic reports that follow revenue and cost as they evolve across periods — supporting management decisions with up-to-date numbers.
From service to entry — one connected path
This is how a medical service travels from the department screen to the financial report, with no extra data entry.
Medical Service
A consultation, test or procedure is recorded in its department the moment it is delivered.
Invoice
The invoice is built automatically from the recorded services, using the approved pricing.
Journal Entry
The invoice and its collection post as entries to the relevant accounts directly.
Financial Report
The numbers appear immediately in balances, reports and monitoring boards.
The same path applies to inventory issues, procurement and payroll — every operational movement leaves a documented financial effect.
Configured around your accounting policies
Rifad does not impose a ready-made accounting model on your organization. The chart of accounts, entry-generation rules and approval flows are configured to match your approved policies — and final posting authority stays with your finance team. Our role is to provide the tools and the connection; the numbers remain yours.
The system can be configured to match your organization's policies and the requirements approved for the project.
See operations meet accounting in Rifad
Book a demo and we'll walk the full path of a service with you — from the moment it is recorded in its department to the moment it appears in the financial reports.