FinanceLink for Home Care

Streamlining financial workflows for Home Care agencies using QuickBooks and other accounting systems.

TL;DR

FinanceLink integrates systems of record like AlayaCare with QuickBooks and other financial systems, automating financial data sync and revenue recognition, reducing manual errors, and ensuring accurate reporting for home care providers.​

Download FinanceLink presentation here. 

Problem

Homecare providers using AlayaCare face challenges in managing financial data due to a lack of seamless integration with accounting systems like QuickBooks. This results in time-consuming manual data entry, increased risk of errors, and difficulties in maintaining accurate financial reporting and revenue recognition.

Solution

FinanceLink offers an integrated solution that bridges systems of record like AlayaCare with QuickBooks (and other accounting systems), enabling automated synchronization of financial data, including ledger entries, invoices, and revenue accruals. By streamlining these processes, FinanceLink ensures data accuracy, simplifies revenue recognition, and reduces manual effort. This integration empowers home care businesses to maintain real-time financial oversight, improve operational efficiency, and focus more on delivering quality care.

Special note on integration with AlayaCare / QuickBooks

FinanceLink is now available for AlayaCare agencies using Quickbooks Online. We also plan on expanding functionality to the following accounting systems:

  • Quickbooks Desktop, Xero, NetSuite, Sage Intacct, MS Dynamics 365 Business Central, Zoho Books, and Wave

Key Features/Functionality

Ledger Sync

  • Moves financial data from home care software to ERP or financial system for accurate reporting. Validates COA and offers configurable summarization by date group (day, week, month), branch, customer etc. This mode is for those users who would like to use their practice management solution for their full revenue cycle, then bring all financial transactions from that system to their accounting system for record keeping.

Invoice Sync

  • Transfers invoices, payments, and company details between home care software and ERP or financial system. Supports syncing draft or finalized invoices with optional line-item details and custom descriptions using a token-based builder.

Accruals & Revenue Recognition

  • Generates accrual entries for unbilled services and aligns revenue recognition with service dates. Tracks deferred revenue and automatically converts it into income upon posting.

Self-Service Portal

  • Provides a user-friendly portal for accessing resources and tools to efficiently review and resolve synchronization errors.

Want to talk to us or see a demo?

Time Off in Requests in AlayaCare
Sample Integration: Managing Time Off Requests in AlayaCare