Achieving next generation finance with healthcare payers and providers

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CONFIDENTIAL - Copyright © Aptitude Software Ltd. 2014 Achieving Next-generation Finance with Healthcare Payers and Providers Contact: Harry Hibbert, +1 617 901 6550 [email protected]

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Achieving Next-generation Finance with Healthcare Payers and Providers

Contact: Harry Hibbert, +1 617 901 6550 [email protected]

CONFIDENTIAL - Copyright Aptitude Software Ltd. 2014

About Aptitude SoftwareAptitude Software provides a portfolio of specialist finance applications to leading companies across vertical industriesOur solutions enable CFOs to achieve financial insight, control and transparency our technology empowers them to process massive volumes of data very quicklyWe empower business teams (in addition to IT) to design and control financial applications for the best ROIPartnerships with global consultancies and leading data warehouse providersAptitude technology ranked as Visionary by Gartner

21 February, 2016CONFIDENTIAL. Copyright Aptitude Software Ltd. 2014-152About Aptitude SoftwareServing

FIVE of the Worlds top 35 Banks

THREE of the top FIVE Mobile Network Operators in North America

TWO of the Worlds top FIVE Insurance Organizations

And now engaged with a TOP North American healthcare provider

Aptitude Software, is a financial software company and a subsidiary of Microgen plc, which is a publicly traded company out of the UK. Through the use of our application development platform which we refer to as Aptitude, we build high performance finance products and applications that empower finance executives to achieve financial insight, control and transparency. Our long term vision is to change the way CFOs use data from across the enterprise to drive strategic decision making and accelerate business performance. We have over 15 years experience and domain expertise implementing complex projects across a variety of industries and have demonstrated consistent growth into new market sectors with similar challenges. These challenges include:

Large transaction volumes and complex business rulesChanging Business ModelsSupport for complex regulatory accounting standards. 2

Case study: a top US healthcare payer needs a stronger foundation to thrive after healthcare reformCONFIDENTIAL. Copyright Aptitude Software Ltd. 2014-5

Centralize disparate data & reduce the burden of manual excel requirementsAllow Finance to see, understand and make changes to accounting logicIncrease regulatory reporting flexibility to better respond to changing requirementsCreate a group-wide sub-ledger for granular, finance-accurate data. Gain ability to analyze cost and profitability across service linesProject Goal: Create a Financial Data Foundation

Healthcare Reform is fuelling Finance change -Many are finding they need increased granularity in reportingThere is also a corresponding need for more agile, data-driven finance processes and systemsFor our client: significant increase in GL balances and re-interpretations, are becoming a risk, for many

The PeopleSoft ledger is already being used to its full functional capacity. Any changes or extensions to the current use would require extensive customization, which would move away from the supported product path and be very costly. This limitation significantly restricts the growth and value of the current finance architecture to support new reporting and analysis requirements3

Case study: a top US healthcare payer needs a stronger foundation to thrive after healthcare reformCONFIDENTIAL. Copyright Aptitude Software Ltd. 2014-5

Solution Approach

Build financial data foundation by linking GL to non-ledger financial data (e.g. administrative service, payable/pended claims) plus source system transactional dataAutomate manual finance processes and implement reporting and calculation engines to improve transparency & drive better strategic decision making 1

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Next-generation Finance Benefits From Source to Sign Off21 February, 2016CONFIDENTIAL. Copyright Aptitude Software Ltd. 20155

Our packaged solutions help healthcare Payers and Providers to:

Reduce the number of manual adjustmentsGain actionable business insightBetter address regulatory changeSpeed implementation timeReduce risk Shorten close cycles

Want to Learn More?21 February, 2016CONFIDENTIAL. Copyright Aptitude Software Ltd. 20156Click on the link below to learn how CFOs are supercharging financial reporting http://bit.ly/1KVRk35Click on the link below for our news and perspectiveswww.aptitudesoftware.com/news-eventsVisit our Blog Download our E-Book

Contact:

Harry HibbertSector Sales Lead, Healthcare+1 617-901-6550 [email protected]

CONFIDENTIAL - Copyright Aptitude Software Ltd. 2014