Financial Planning
Drive more efficient, reliable, and robust financial planning that allows more time for strategic analysis.
StrataJazz® is a single, modular, cloud-based platform that helps healthcare leaders accelerate financial planning and drive margin so they can fuel their organizations’ missions. The platform offers a comprehensive set of enterprise financial software solutions that empower healthcare organizations to consolidate and streamline processes for more efficient, accurate, and timely results.
The Problem
The healthcare industry continues to face immense challenges, including narrowing margins, shifting care delivery models, rising regulatory requirements, and evolving customer preferences. This makes projecting financial performance both critical and complicated.
The Solution
Strata’s solutions automate and streamline many of the most time-consuming and difficult elements of strategic and financial planning in healthcare. They reduce necessary staff time and effort by up to 50% while providing the insights needed to make sound decisions. Our financial planning tools empower healthcare leaders to be proactive in addressing issues as they arise, so organizations can strengthen their financial health both now and into the future.
Budgeting and Forecasting
StrataJazz Operating Budgeting leverages industry-proven best practices, automation, workflow, and analysis to significantly improve accuracy and reduce the time needed to produce and maintain a budget. The solution leverages advanced modeling capabilities, rolling forecasting and planning, and seamless integration of relevant cost data to deliver collaborative, results-oriented budgeting and forecasting.
Capital Planning
StrataJazz® Capital Planning provides an end-to-end capital planning process that integrates data from various internal systems to boost efficiency and transparency among clinical, functional, and financial teams. It helps you plan, prioritize, track, and manage the optimal mix of short- and long-term capital investments for your organization, including emergency or off-cycle requests.
Treasury Cash Management
Strata’s AxiomTM Treasury Cash Management helps healthcare leaders strategically optimize debt structure, fund growth, and manage liquidity with more efficient and accurate daily cash monitoring. It helps treasury operations teams properly size and manage cash reserves, automate payment and data infrastructure, manage commercial banking relationships, and monitor tension points to lower costs and ensure access to capital and credit.
Strengthen your ability to compete in a changing marketplace with industry-leading software that solves enterprise planning challenges for healthcare.
At Atrium Health Navicent, ‘Axiom Financial Planning Helps Us Respond to Actual Changes as They Occur’
With Axiom, Atrium Health Navicent gained access to real-time data and efficiency in reducing staff time.
Customer Story
Axiom Drives Efficiency & Transparency for Growing Hospital Sisters Health System
With Axiom, Hospital Sisters Health System achieved greater capacity and value and saved work through seamless automations. Read more!
Customer Story
7 Practical Tips to Tame Unruly Organizational Budget Processes
Nearly all organizations struggle with budgeting — creating the right reporting mechanisms, getting everyone to input their numbers, and responding to executive input. Axiom™ Budgeting...
Blog