Case Study: athenahealth accelerates board reporting with QueBIT and IBM Cognos TM1/CDM

Deriving Greater Business Value from True Integration between IBM Cognos TM1 and IBM Cognos Disclosure Management (CDM)

Athenahealth, a fast-growing cloud-based healthcare company, needed a better way to produce board packages and track business metrics. Its manual process in Word and Excel made it difficult to keep data tables and narrative commentary synchronized, and only one person could edit reports at a time. QueBIT was brought in to help improve reporting and planning using IBM Cognos TM1 and IBM Cognos Disclosure Management (CDM).

QueBIT implemented an integrated solution in which TM1 served as the financial reporting and planning data source for CDM, putting data and narrative content in one secure place for collaborative board reporting in Microsoft Office. The result was faster, more automated, and more accurate report production, with multi-user workflow, fewer data inconsistencies, and easy rollover of recurring reports. Athenahealth cut board report preparation time from weeks to a few days, with a much lower risk of errors.

Athenahealth

Jim Hanifi

Senior Manager of Financial Systems