How an Academic Medical Center Repurposed 180 Hours Per Week
Transforming Finance Capabilities to Boost Enterprise Performance
The Challenge: Updating Enterprise Procedures
The finance leadership team of a prominent academic medical center envisioned a future where a single source of truth created trusted enterprise reporting. This required true transformation from a centralized support team to a business empowerment and capabilities catalyst.
Key Factors for Advancing Enterprise Performance
Modernization
Modernizing results and capabilities in an elite, multi-century-old institution is never easy. New systems would need to be implemented.
Standards Complexities
Handling highly regulated finance data requires additional protection standards. A decentralized business structure further adds to complexities.
Implementing New Reporting Solutions
We worked closely with the client’s financial stakeholders to understand and document their biggest pain points. Our goal was to revolutionize reporting and discovery at all levels: Executive, Managerial, and Analytical, by pioneering new methodologies to create highly-dimensional models. We designed and implemented a data lakehouse fabric that allowed users to construct their own models and evaluate analytics capability. Our priority was to deliver a best-in-class solution, leveraging our expertise in Data and AI, that maximized our client’s capabilities while minimizing their costs.
Rapid Data Induction
Our solution reduced our client's data ingestion times by more than 30%.
Customer Streamlined Automation
Our solution embraced automation to eliminate the need for manual monthly interdepartmental reconciliations.
Massive Labor Savings
By implementing a live dashboard with new insights, we repurposed more than 180 labor hours per month (1 + FTE) of manual data curation and accuracy checks.
Revolutionary Reporting Methods
We enabled first-of-its-kind reporting through new data relationships, saving tens of thousands of labor hours required for data ingestion, modeling, and visualization.
Precision Financial Insights
Our new dashboard generated precision insights at the business unit level to inform our client's financial decisions at every turn.
Tens of Thousands of Labor Hours Saved
Required for data ingestion, modeling, and visualization
Data Ingestion Times Down 30%
Reduced our client's ingestion times for rapid induction
180+ Hours Converted per Month
Repurposed hours of manual data curation and accuracy checks
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