Saluda Medical is a global medical device company focused on patient outcomes, science, and engineering to transform the neuromodulation industry through patented Evoke Closed-Loop Chronic Pain Therapy technology based on the evoked compound action potential (ECAP).
Business drivers
- Manual and Spreadsheet technology-based FP&A Process
- Error prone /Time consuming manual reporting process
- Rapid Company growth waiting for US FDA Approvals
- Consolidation and month end reporting took 2 months from Closure
- Looking for Automated, Easy to use Budgeting Forecasting and Reporting Solution
- Ease to Learn . Model and use for the users
Solutions
Implementation of Workday Adaptive Planning Solution covering
Revenue Planning
Headcount and Cost Planning
Opex and Capex Planning
Financial Statements covering Income Statement, Balance sheet and Cash Flow
Multi Currency Consolidation of group companies
Integration to QAD ERP System
Automated Office Connect Reporting for both monthly and Statutory reporting.
Why Alight
Strong Workday Adaptive Experience in delivering solutions globally
Interactive Design Session with show and Tell Approach
Strong Partnership with Workday Adaptive Planning
Strong Domain Experience in Financial Planning Solutions
Seamless Training throughout the project for the Key resources to enable easy and quick transitions
Learning Videos covering key solutions to help End users
Benefits
Alights Strong Adaptive deployment helped in minimizing risk in Implementation
Removal of Manual process and outdated Spreadsheet technologies with Integrated model easy to learn and use
Significant reduction in time for Budgeting , Forecasting and Reporting process from months to weeks
Consolidation Reporting with Financial statements across groups happens in a day instead of months
Integration of Actual data made seamless helping in Forecasting and Reporting
Expanded partnership between Alight and Saluda to help maximize the Cloud Investments