Accounts Payable: Payment of Supplier InvoicesWe make payment of all supplier invoices with a dedicated Accounts Payable Team. Your practice team no longer needs to reconcile lengthy lists of accounts payable invoices. The practice continues to order supplies and check delivery as normal with the Corporate Centre coordinating payment to all suppliers. The authorisation process by the practice is important to ensure that only valid expenses are paid and costed to the practice.
Payroll: Payment of Staff
Payroll: Principal Dentist and Associate DentistOur Finance team takes care of calculating and processing the monthly payment to our Practice Principals as contracted and Associate Dentists each month. Payments are made on the 15th of the month or the nearest business day prior. Our Finance team calculates the fees owing based on collection reports provided by the practice and reconciles this with processed lab expenses to calculate the dentists’ pay. This information is then sent to each Practice Principal for approval prior to processing the monthly payment. This allows the Practice Principal to review the calculations for their own pay and associates pay before payment is made.
Finance: Practice ReportingOur finance team prepares a monthly financial report showing the results for your practice and comparative analysis for you. The financial information is presented in an easy to understand format of figures and graphs allowing you to track the performance of your practice over time. The report details the financial results for the month and current year to date against your agreed budget that is set during the acquisition process. Once you have been trading with Dental Corporation for one year or more, the financial report also includes a comparison of current year results against your prior year results.
Operations: Practice Support
We have a dedicated team that is focused on the growth and development of our practices. The team has extensive experience in all areas of practice management and practice development. Every practice that joins Dental Corporation is given the opportunity to partner with a practice consultant who will offer creative and innovative ways to help grow the practice.
Human Resource Support
Dental Corporation has a central Human Resources team that you may call upon for advice in relation to employee entitlements, legislation, training, recruitment and performance management processes. Dental Corporation also assists with managing occupational health and safety and workers compensation for your practice.
Our Marketing team provides expert consultative support to our practices in the marketing of their practice and communication to their patients. We have developed various marketing programs, tools and templates for our practices to utilise including patient reactivation programs, new patient communication packs and website development.
We have a dedicated team of IT experts who work with your practice in a consultative role, providing advice and assistance with your IT requirements. This includes, but is not limited to:
- An annual IT review providing advice on minimum standards for effective IT in your practice.
- Assistance in dealing with IT providers to ensure your practice is getting the products/services it requires and helping you understand the sometimes complicated IT products/services being provided.
- Procurement of IT equipment and services from preferred suppliers.
Your practice has the option to keep your existing IT provider with whom you already have a relationship and we work closely with them. Our IT team is ready to provide you with sound and practical advice to deliver advantages to your practice through the use of IT.
Networking, Training and Development
We believe and invest in conferences, seminars and events to facilitate learning, networking and camaraderie across the group.
Graduate Placement Program
We have established a leading Graduate Placement Program in the dental profession, offering dental graduates the opportunity to join Dental Corporation and be mentored in practices throughout our group, gaining experience and working towards becoming an experienced and skilled Associate Dentist.
Supplier Purchasing System: Group Buying Power
The Purchase Portal is Dental Corporation’s online web-shop with all major suppliers of dental products under the one purchasing system. The Purchase Portal is a great tool to compare equivalent products from multiple suppliers to give you the opportunity to purchase at the best value.