Case Study: Elcom achieves over $1 billion in client savings and reduced fraud risk with OpenText Analytics

Enabling Governments and Hospitals to See Huge Savings and Reduce Risk

Elcom International provides PECOS, an e-procurement and private marketplace solution used by governments, hospitals and other large organizations to control buying, approvals and financial integration. As clients accumulated massive transactional data, Elcom needed a purpose-built, embedded analytics tool to meet Big Data demands, improve decision-making, reduce waste and differentiate its offering during expansion.

Elcom embedded OpenText Actuate Information Hub (iHub) into PECOS to deliver interactive dashboards, ad hoc reporting and a dedicated reporting database with audit trails, supplier performance and spend visibility. The integrated analytics enabled better tactical and strategic decisions—helping a UK hospital group save £500,000 annually and contributing to over US$1 billion in client savings over seven years—while improving fraud detection and procurement governance.

Elcom

Kevin Larnach

Executive Vice-President of Operations, ELCOM International