Case Study: Pramand cuts finance reporting from days to an hour with Datarails

Pramand cuts finance reporting from days to under 1 hour with DataRails

Pramand, a Massachusetts-based medical device incubator and holding company, faced a challenge with its financial reporting. Their corporate controller, Jessica Ray, found that their primary system, NetSuite, produced static reports that were not intuitive for stakeholders. The high cost of licenses also made it unsustainable to provide full visibility to budget owners across the company's multiple entities. They turned to the vendor DataRails for a solution.

By implementing DataRails, Pramand integrated a solution that seamlessly worked within their existing Excel workflow. The platform provided dynamic dashboards and intuitive reporting, which reduced the time to create reports from days to under an hour. DataRails gave budget owners autonomy and visibility into their data, empowering them and freeing Jessica to focus on strategic analysis. The solution provided confidence in the data and transformed the finance function.

Pramand