Keep growth going
With expert insight and guidance, CHN overhauled its finance function, initiating a project to provide a scalable, cost-effective financial platform to support its future growth.
The effort was substantial, touching each of CHN's 13,000 employees and impacting processes, operations and technology across the company, including:
- Core financials and accounting
- Financial close and reporting
- Planning and budgeting
- Costing and decision support
- Master data management
- Business intelligence and analytics
CHN and Grant Thornton also implemented a suite of Oracle applications, providing insights into network costs and revenue and improving supply chain management.
The results have been transformative. With a powerful, streamlined finance function, CHN has reduced vendors by nearly 50%, cut restocking locations by 50, automated invoice review and approval, and strengthened its budgeting and planning process. CHN can even link pounds of laundry back to specific patient services. Most importantly, CHN is well-positioned for future growth - its community is counting on it.