Success Story
Infor CloudSuite CSF Implementation at a Large Children’s Hospital
Learn how ROI consolidated critical business systems and eliminated manual processes through an implementation of Infor CSF for a large children’s hospital.
Background
The client was looking to consolidate critical business systems, as well as eliminate wasteful disparate systems and manual processes.
How ROI Reduced Ledger Redundancies by 17% and Standardized the Chart Across the Entire Organization
Solution
- Realignment of the chart of accounts creating a dimensional ledger necessary for advanced reporting
- Master Data Management strategy specific to Chart, Suppliers/Vendors, Item Master, Locations and key application configuration including Contracts
- Identification of Reports, Interfaces, Conversions and Extension (RICE) objects and strategic prioritization necessary for development
- Collaborative Design sessions using Infor expertise and knowledge of CloudSuite Financials in conjunction with best practice applied to client outcomes
Results
- Standardization of chart across the entire organization
- Reduction of ledger redundancies by 17%
- Standardization of Item Master elements including descriptions necessary to facilitate alignment of Contracting with potential savings of 10% of current contracted spend
- Initiated a shared client and ROI joint model for RICE object build in excess of 10,000 total man hours allowing key client personnel to learn Infor approved extensibility technology tools
- Automation of the demand to replenishment cycle
- Reduction of approved vendors by 48%
- First Client to deploy all 10 of Global Ledger Dimensions
- Over 500 vendors enabled for EDI transactions
- 2 years for full GL transactional history and balances converted into Infor
- Open Checks, Open Invoices, and Assets converted
- Automation of Accounts Payable