Must Have Features For Your Pharmacy Management System

Article Content

• Introduction
• 7 Key Features Of Pharmacy Management System
  • 1. Prescription Management
  • 2. SMS & Alerts
  • 3. Reporting
  • 4. Doctor/MR Commission Management
  • 5. Expiry Management
  • 6. Re-Order Management
  • 7. Digital Collections
• Summary
• Faq On Pharmacy Management System

Introduction

Pharmacy management software or commonly referred to as pharmacy software is a system that stores complete information about the processes in a pharmacy. It helps in storing the data, organizes the entire system, controls the use of medication & improves customer satisfaction.

With the growing technology in this modern era, pharmacy software is a golden opportunity for pharmacy owners. The software vendors have designed the software in such a manner that it helps the business owner to control their stock, accounting & choose the right medication based on background data analysis using the software.
Pharmacists make use of the primary pharmacy management system features to digitize their pharmacy completely. Using pharmacy software enabled with all basic & advanced pharmacy software features helps in controlling all the business activities with improving profits. In the daily routine patients sometimes prefer to visit the pharmacy for regular medicine instead of going to doctors, and the advanced pharmacy software features help in suggesting drugs based on the salt compositions of these minor ailments.
Now when we have already discussed the importance of Pharmacy Software, let us move forward & discuss some important features of the pharmacy management system.

7 Key Features Of Pharmacy Management System

1. Prescription Management

Prescriptions are hard to read; they are unreadable by the patients & therefore can cause confusion. The illegibility of prescriptions is also a source of error in giving the correct medicine. With the help of software, the pharmacist will not have to read the prescriptions again & again. The pharmacist can store the record of the prescription & repeat the medicine as & when required. Data stored in the system reduces the chances of errors.

2. SMS & Alerts

With the help of a pharmacy management system, the pharmacists can get timely notifications & alerts from the software, if any of the patients will need the medicine soon, or if the medicine is going to expire. He can schedule SMS to be sent to patients intimating them in advance to buy the next dosage of medicine. This is one of the top pharmacy software features & helps in improving customer relationships. The customer can also just reply to the message about whether to refill the medicine & the pharmacist can simply deliver the medicine to the patient.

3. Reporting

Reporting is a very important part of any business. Proper reporting & data analysis lead to better-informed decision making & huge profits. Pharmacists interact with many sales executives, patients, doctors, and medical representatives in the day-to-day. But manually remembering all the details is not possible. Therefore here the pharmacy software comes into existence, and all the data regarding each of these can easily be stored in the system which can be later analyzed for growth strategies. These reports provide valuable insights like which part of the business is performing well & which needs improvement.

4. Doctor/MR Commission Management

One of the crucial pharmacy software features in commission management. In the pharmacy, it is very important to keep a check on which doctor’s prescription or which medical representative has sold which medicine. Every prescription & medicine sold out at the pharmacy counts for a commission which can be easily calculated using the software.

This means, “no more frauds no more mistakes”.

5. Expiry Management

Another mandatory feature of a pharmacy management system is expiry management. In general, pharmacies suffer huge losses due to expired products. In any pharmacy, medicines are purchased in a bulk with different MRP & expiry dates, & therefore the pharmacists find it difficult to keep a check on every medicine. Unknowingly many medicines get expired lying on the shelves, which at last can only be thrown into the garbage. In case software with an expiry management system is implemented then it will prompt for the near expiry medicines which the pharmacist can either sell to the customer or return back to the supplier. This saves on huge losses & also the products are not wasted.

6. Re-Order Management

Setting re-order points, knowing when you need to refill the stock, which product is better performing in the inventory, and so on… Crucial insights like this help every pharmacist to stay organized and informed. The pharmacists can set the minimum & maximum stock level point, the software will indicate whenever the stock reaches the minimum level & he/she can place a re-order. The system also suggests the best buy option with the nearest suppliers’ schemes & offers to save more.

7. Digital Collections

In the new normal, everybody is following social distancing. Customers want to pay online and in the pharmacy, and the risk of getting affected by various is the most. Therefore for sake of health & safety, the pharmacies must have a digital collection option where the patient can pay without touching anything. Marg ERP is one such Pharmacy Software that is integrated with MargPay a payment platform for business-to-business payments.

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Summary

Now when we have discussed a few important features that your Pharmacy Management Software must have you can now choose the right pharmacy management software for your pharmacy. Marg ERP is one of the leading Pharmacy Software enabled with many more advanced features that could help you attain superfast business growth.

Faq On Pharmacy Management System