industry
Healthcare & Life Sciences

Dental RCM enabler needs to gain visibility into financial & operational performance

Key results:
  • ~$12M savings in report development cost in 2 years
  • ~$5M savings per annum from error handling
  • Reduced the estimated build time from 2 years to 4 months with accelerated
  • Lakehouse developed
Value levers pulled:
  • Data maturity assessment
  • Enterprise KPI gap assessment
  • Lakehouse build
  • Financial & operational reporting
  • development

Picture this...

You’re looking to address the challenges of fragmented and disconnected systems across 20+ databases by streamlining the legacy and manual processes. Currently, your data landscape is 30+ years old, and your team lacks context on data lineage and transformations, leading to inconsistent reporting, reduced confidence in outputs, and extended turnaround times. Additionally, the absence of a scalable data environment has resulted in no visibility into financial and operational performance, causing high errors and delays in reporting. You're looking for a solution to improve efficiency and reporting accuracy.

You turn to Accordion.

We partner with your team to develop a Lakehouse by integrating the data from 4 on-prem servers and ERP system to set up the reporting suite, including:

  • Performing an assessment of the current state of data and reporting infrastructures encompassing over 100 KPIs, and business processes while documenting the gaps in data, process, and technology
  • Designing and recommending the optimal Enterprise Data Architecture with Lakehouse design, combining the best features of storage and warehouse capabilities, eliminating data silos
  • Building a robust Data Lakehouse leveraging Databricks, which can handle the technology scale up seamlessly without significant upfront investment, serving as a single source of truth for reporting across functions
  • Unlocking visibility into key performance indicators such as penetration into customer accounts across dental offices, additional attachment products of existing subscriptions etc. to devise account management and upsell potential across ~30K customer accounts

Your value is enhanced.

You have automated self-serve enterprise reporting suite to eliminate the manual report preparation resulting in potential savings of ~$12M in 2 years. You have savings of $5M per annum from the enhancement of the control environment to reduce the risk of material error, data discrepancies, etc. You have also reduced the turnaround time for gaining visibility into the performance of customer accounts from expected time of 2 years to 4 months, particularly in navigating external situations that demanded speed to market in a record time.

Enhanced value:

You reap multiple benefits, including:

  • ~$12M savings in report development cost in 2 years
  • ~$5M savings per annum from error handling
  • Reduced the estimated build time from 2 years to 4 months with accelerated
  • Lakehouse developed