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Customer Success Story - Saluda Medical

  • Industry: Medical Devices & Equipment, Manufacturing
  • Presence: Global
  • Employees: 250+
  • Headquarters: Australia

 

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

 

Saluda Medical and Alight Workday Solutions

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  • Removal of Manual process and outdated Spreadsheet technologies with Integrated model  easy to learn and use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

 

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