More recently, as the COVID-19 outbreak pushed workforces to work remotely, Syntellis’ cloud-based EPM solutions enabled CFOs to seamlessly manage their teams’ data, thereby maintaining the continuity of their financial processes.

With such unmatched competencies, Syntellis has ignited several success stories since its inception. In one instance, the company assisted a large health system in improving their financial planning, efficiency, and agility.

At the start of the pandemic, the client was struggling to effectively organize their budgeting and forecasting for the coming months because of the sudden surge in data. With Syntellis’ software, the health system unified the data across their entire footprint, providing their team with a holistic view of their finances and the ability to create flexible and highly adaptable strategies through the use of Syntellis’ EPM rolling forecasting capabilities. As a result, the health system was able to reduce its planning cycle time by 47 percent while creating department-specific financial reports that boosted decision-making for operational leaders. “In a short period, the financial team saved time and put actionable information in the hands of decision-makers that they did not have previously,” Randa recalled.

Moving forward, Syntellis will continue to expand its portfolio and capabilities to enhance the scale and scope of client benefits. Today, Syntellis’ healthcare team collects data from over 900 hospitals and 50,000 physicians every month to offer clients the ability to compare their financial performance against that of contemporaries. Moving forward, the company will continue to leverage its cloud-based capabilities to further expand its already extensive data sets to help CFOs gain an even more in-depth understanding of their business’ financial performance. To conclude, Randa reiterates the ethos of his company, “We will continually innovate our portfolio and provide unparalleled customer service to help society’s most foundational institutions ensure business continuity in today’s ever-changing business landscape.”