Centage
Case Studies
Faster Budgeting and More Timely Reports Provides Greater Visibility into Personnel Expenses
Overview
Faster Budgeting and More Timely Reports Provides Greater Visibility into Personnel ExpensesCentage |
Functional Applications - Enterprise Resource Planning Systems (ERP) | |
Healthcare & Hospitals | |
System Integration | |
Operational Impact
The process of collecting data and preparing separate reports, then combining the dozens of cost centers to create the consolidated company-level financials, which previously took two full working days every month, now takes minutes. | |
The solution allows for easy running of 'what-if' scenarios to explore business opportunities and analyze expenses. | |
The solution provides a variance analysis on the results that wasn’t possible when the financial statements had to be manually prepared in Excel. | |
Quantitative Benefit
SerenaGroup saves 24 workdays a year that were previously spent compiling and formatting financial reports in Excel. | |
The company has been able to defer adding another accountant to their team. | |