Case Study: Martin's Point Health Care achieves finance-owned consolidated reporting and cuts report compilation from two days to one hour with Strata Decision Technology

Martin's Point Health Care - Customer Case Study

Martin's Point Health Care, a not-for-profit health system serving Maine and New Hampshire, faced a cumbersome legacy planning and reporting environment that relied heavily on IT and outside consultants and could not produce consolidated financial reporting efficiently. To address these challenges, Martin's Point selected Strata Decision Technology and its Axiom EPM platform for its Excel-based, finance-owned approach and healthcare expertise.

Strata Decision Technology implemented Axiom EPM so Finance could own models and reports, automate consolidated financial statements, and run analyses without IT support; report compilation time fell from two days to about an hour and consolidated statements now take minutes to produce. The solution improved report quality and timeliness, earned praise from senior leadership and the Board, reduced IT dependence, and positioned Martin’s Point to expand into productivity and other advanced reporting.

Martin's Point Health Care

Kevin Mahone

Manager Budget & Reporting