Health New Zealand, formed in 2022 to streamline public health finances, has come under scrutiny for its reliance on a single Excel spreadsheet for financial data management. This tool has been criticized for causing budget overruns, with a recent Deloitte report indicating that the organization lost control over key financial processes. Issues identified include hard-coded data, human error susceptibility, and delayed reporting, which collectively hampered timely decision-making and accountability. The inadequate financial oversight has raised concerns regarding the effectiveness of HNZ's operational framework and its ability to deliver services within budget.
The reliance on a single Excel spreadsheet by Health New Zealand has resulted in significant financial mismanagement and highlights the staggering shortcomings of such a system.
The damning Deloitte report revealed that Health New Zealand lost control over financial outcomes, based primarily on a flawed spreadsheet for critical reporting and analysis.
The findings underscore the limitations of using a single spreadsheet for complex financial management, exposing Health New Zealand's vulnerability to errors and miscommunication.
The report outlines major issues with data handling in Health New Zealand, emphasizing the pitfalls of hard-coded information and the heavy reliance on manual tracking.
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