Financial Planning & Analysis 2022
06 December 22
| Jaren Day and Niel Oscarson
Healthcare organizations are taking a new approach to planning and budgeting—moving away from static yearly budgets set by a financial team toward an agile, rolling approach that leverages data from multiple sources and involves non-finance personnel. This report provides an introduction on the two main financial planning and analysis vendors that organizations are using to support this change—Strata Decision Technology and Syntellis Performance Solutions. The following pages share customer insights on the solutions’ functionality and integration and how well the vendors help customers adopt tools to meet their budgeting needs.
Being Replaced
Director
We are moving away from ADP because the system has not met our needs with human resource and finance...
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Physician
We decided to replace the product because we found another product that better met our needs.
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Considered
Physician
Our HR and finance departments are combined under one suite, so we looked at whether we wanted to...
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CNIO
We considered ADP's system, but it consisted of a couple of different systems that were cobbled...
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Director
ADP thought they had our business, and that was really the deciding factor in why we didn’t go with...
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Physician
ADP is one of the biggest players in the game. ADP provides all the functionality that we have with...
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Manager
We decided to leave Paragon Materials Management because it was one of several systems we were using...
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Manager
We are on some legacy stuff that got resold, so we are under multiple different vendors, including...
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Manager
We have had major issues with Infor in the last couple of years. We have really declined. There has...
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Physician
We have decided to switch solutions because Infor CloudSuite is outdated and isn't very easy to navigate....
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CEO/President
With Infor, we didn't realize any gains, efficiencies, or staff reductions.
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Decided / Likely Choice
CEO/President
When we were looking for a new solution, Infor was recommended to us by an existing firm that we...
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Physician
The version of the solution we were on was at the end of its life, and the next version of the...
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Director
Infor initially was in our selection, but they were knocked out early on because they couldn't meet...
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Manager
Infor's solution was an option. However, I didn't have a great taste in my mouth from a previous...
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Analyst/Coordinator
We entertained Infor, but we ended up choosing another vendor.
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Manager
Infor's system seems cheap, but it wasn't for us. We were on an older version of the system, and we...
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Manager
We considered Infor CloudSuite because it had a slightly lower cost than the Infor system that we...
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Physician
We looked at Infor CloudSuite but decided to go with a different product because that product's demo...
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Physician
We are replacing Infor Enterprise Financial Management. We have had it for many years, but the...
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Manager
Our old Infor system was falling on its head all the time, and we were tired of fixing it. We are...
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Manager
We are moving away from Infor Healthcare Solutions because it isn't as modern as we would like it to...
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Manager
We are replacing Infor Healthcare Solutions because another solution is light-years better for our organization....
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Director
We felt that Oracle checked the least number of boxes for our implementation needs. After demos,...
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Director
We are considering doing an ERP marketplace assessment. We have E-Business Suite right now, and it...
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Analyst/Coordinator
We are looking to consolidate to a single ERP platform.
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Analyst/Coordinator
We have made the jump, and we are modernizing our business system, so we are moving to a new ERP...
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Manager
We made the decision to standardize onto another vendor who gave us a better-structured deal.
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Analyst/Coordinator
One reason we are moving away from Oracle Cloud ERP is that our implementation was not great. We...
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Unknown
We are already in the process of swapping out PeopleSoft Enterprise for Cloud ERP. The biggest...
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Director
Oracle's cloud solution is one of the solutions we are leaning toward in our decision. We are in the...
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Manager
We considered other solutions, but Cloud ERP was a better fit for us because of what we have run in...
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Manager
We looked at Oracle. We just felt that their system was a little more complex, and we were looking...
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Unknown
We are considering Cloud ERP because we have some outdated programs. We have several different...
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Analyst/Coordinator
We looked at the financials of over 10 years, and those didn't favor us consolidating things to...
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Director
We have Oracle's product right now, but we don't have the newest solution, which is Cloud ERP. The...
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Analyst/Coordinator
We looked at Oracle's offering, but we ultimately went with another vendor's solution.
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Manager
Another vendor was better than Oracle at listening to what we wanted. It was super complicated and...
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Manager
We looked at Oracle's system. I am pretty much an Oracle person. However, Oracle is an ugly baby....
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Manager
We looked at Cloud ERP because we know where the ugly sides of Oracle are. However, the majority of...
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Analyst/Coordinator
We are considering going with Oracle, but it is difficult to get an actual paper quote from them,...
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Physician
We did a demo of Cloud ERP but ultimately went with another product that we liked better.
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Director
We looked at switching to Cloud ERP but decided to go with another solution because Cloud ERP felt...
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Unknown
Oracle owns PeopleSoft Enterprise. We are transitioning to the vendor's new product. It made sense...
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Director
We are going to be swapping out our ERP system. We are currently on PeopleSoft Enterprise. In our...
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Analyst/Coordinator
We are consolidating to a single ERP platform.
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Title Goes Here
Analyst/Coordinator
One reason we are considering moving away from PeopleSoft Enterprise is that we have a highly...
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Director
We decided to leave PeopleSoft Enterprise because we found another solution that felt a lot more...
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Analyst/Coordinator
We are looking at switching away from PeopleSoft Enterprise Supply Chain Management because it is an...
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Analyst/Coordinator
We are moving away from PeopleSoft Financial Management because we heard that Oracle is not...
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Director
We are switching to PINC AI ERP Solution because our current solution is getting sunsetted....
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Manager
SAP, while a powerhouse, just didn't have the sort of usability that another vendor had for a softer...
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Director
We are leaving Human Resources and Payroll because symplr is sunsetting it.
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Unknown
Another vendor brings all the components of time, attendance, and scheduling together in a place...
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Physician
symplr has pulled out of the business and is sunsetting their product, so we have to find another...
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CNIO
We considered UKG's system because we liked its functionality when we did demos. However,...
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CEO/President
We are replacing UKG. We had a failed upgrade with UKG. We were supposed to go live at the end of...
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Physician
We replaced the product because another product seemed like it would work better for us after we did...
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Manager
Because of UKG's functionality, we will be moving to them.
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Director
We are in the midst of transitioning to UKG's product for our human resource management product...
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Director
UKG may have a bit of a lead over their competitors because of the timekeeping piece. It is so well...
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Director
We looked at UKG just because I wanted something more and mainly because I found something that said...
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Director
We are leaving Allscripts Fiscal Management because there are going to be some changes to the...
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Director
We are considering our options for a cost accounting system. We currently have McKesson's product,...
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Manager
When we looked at Workday's system, we felt like it was the right direction for us to go in. Some of...
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Manager
We are going to be moving to Workday. We really liked the Workday product because of the infusion of...
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Physician
We did a big search with research and development, and we decided to replace our previous solution...
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Director
Our decision is down to a couple of vendors, and one of them is Workday. We are moving everything to...
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Manager
A big part of our decision came down to functionality and usability. Workday brought what we needed...
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Analyst/Coordinator
We already have Workday's enterprise tool for HCM, but we will be expanding that to the finance and...
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Physician
Since our previous solution is outdated, we have decided to switch to Workday's solution. The user...
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Director
We moved to Workday's product because we were already using the vendor for something else. We...
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Analyst/Coordinator
We decided to go with Workday's system for its sheer capabilities. We are an Epic shop, and Workday...
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CEO/President
Our leadership told everybody we were going to Workday. We were implementing an ERP system. We were...
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Manager
We decided to standardize to Workday. Workday was a really good partner when we were doing other...
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CNIO
We chose Workday's system because its user interface and mobile app just flowed. The system's GUI is...
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Manager
After seeing our workflows in each of the systems we looked at, our users felt that Workday's...
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Director
We are moving to Workday because we are moving most of our solutions to a vendor that partners with...
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Manager
We pulled together a team of people who use Workday's system, and they saw demos for the different...
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Unknown
We can achieve better integration by moving to Workday with all the different time, attendance, and...
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Analyst/Coordinator
We are leaning toward Workday because when we reached out to them, they dropped everything and...
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Director
Our old solution felt outdated, so we have decided to go with Workday's solution, which feels like a...
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Physician
We didn’t have to look at Workday long before choosing them. We did do demos with other vendors.
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Unknown
We looked at Workday's system, but we decided to go with a solution from a vendor that we had...
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Unknown
We are considering Workday's product because we want to replace our old technology, which is made up...
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Director
We are considering Workday because of feedback from our business partners. One of our internal...
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Director
I saw a demo from Workday. Workday claimed they were working on rolling out a cost accounting...
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Manager
We considered Workday, but another vendor was a better fit for us with the type of organization we...
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