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Success Stories > Healthcare Industry

Provides a full range of business services to meet the complex needs of national employers and health plans, offers network-based health care services and information services to the healthcare industry. Because of cumulative acquisitions and process overlap, the customer needed to integrate the corporate function under one company operating under centralized systems and processes.

Business need: Customer needed help with its centralization plans to fit the new corporate model while continuing efforts to streamline processes to cut costs and improve efficiency.

Solution: Fulcrum worked with customer through its reorganization process and oversaw the business transformation in the costing center and financial departments. The Fulcrum team helped set up a central finance unit within the new corporation and guided the company through a difficult readjustment under changing business circumstances and within a tight timeframe.

Benefits: Business goals were met. The streamlined processes resulted in reduced costs, improved accuracy and shortened financial closing cycle to 2.5 days. It also improved production profitability tracking, enabled cost analysis and supported better informed business decisions.