Case Study: Net Health achieves a 7-day Close despite 4x more Close tasks with FloQast

How Net Health Gets 4x More Work Done In a 7-Day Close

Net Health, a Pittsburgh-based electronic health records company with a 15-person finance team, faced a major challenge when new product- and business-unit-level accounting requirements effectively quadrupled its month-end Close workload. As a fully remote team required to maintain a seven-day Close to meet reporting expectations for owner Carlyle, Net Health needed better visibility, scalability and collaboration without adding headcount.

By deploying FloQast Close Management and ReMind—integrated with NetSuite and Slack—Net Health automated reconciliations, information requests and sign-offs, streamlining workflows and communications. The result: 100% team adoption, the ability to absorb a fourfold increase in Close tasks with the same staff, maintained a 7-day Close, improved remote productivity and more detailed product-level reporting for business decision-makers.

Net Health

Jim Burgess

Assistant Controller