Statewide Hospital System Reduces ERP expenses by over 10%

Profile

  • 12 Hospitals
  • 27,000 Employees
  • >4,000 Physicians
  • 400 Oracle Purchase Orders

Challenges

  • Vendor unwieldy and difficult to manage
  • Dozens of POs required review each month
  • 8% CPI increase over next 3 years
  • Risk of self-audit

Expense Optimization

  • Improved procurement methodologies
  • Resolved self-audit risk
  • Mitigated CPI down to 2% over 3 years
  • Consolidated 400 POs saving 300 hours/year

Overall Cost Reduction

11% Term Savings

Annual Savings

$5.2M OPEX Reduction

Reduced overall ERP cost by over $5M over three years

Consolidated over 400 purchase orders into a single annualized evaluation

Our WIN/WIN Agreements include flexible terms that work within our client’s budgeting and logistical objectives.

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