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Financial Business Analyst Provides Technology and Automation for Medical Device Company

Fortune 500 Medical Device Company Becomes More Efficient, Upgrades Finance Function

Client Profile
Large medical device company headquartered in Boston, MA
 

Business Challenge

A medical device company needed an end-to-end, newly released version of a finance application designed to pay vendors on time, and accurately. The installation of a vendor invoice management (VIM) application was unable to be done with a traditional upgrade because the VIM application lacked an upgrade path from 5.0 to 7.0.
 

Project Overview

  • A dedicated LABUR Solutions Manager worked with key stakeholders to identify project objectives and define a scope of work.
  • LABUR proposed a Financial Business Analyst to gather requirements, work with developers to configure the application and provide user support through go-live.
  • In addition, LABUR helped stabilize the implementation, provide user assistance, fix bugs and clean up tickets.

 

Delivered Results

The company was able to gain business efficiency by installing the latest version of the vendor invoice management application and through its integration with the firm’s ERP.

 

The end result was greater automation from a process and work flow perspective. The installation also allowed the client to save time, money and internal resources through the successful implementation of the SAP tool – VIM. This tool satisfied efficiency and accuracy goals for the client and its users.