Case Study
Revitalizing Financial Reporting with Better Data Structure and Insight for Accumen
Accumen, a recognized organization in the medical industry, was using NetSuite but struggled to align reporting with its evolving business model. Complex mappings across classes, departments, and subsidiaries made dynamic reporting and variance analysis difficult.
Accumen needed a finance and reporting environment that reflected how the business actually operated, not just how the source system had originally been configured. That meant improving structure, reducing friction, and creating a workflow people could rely on.
MindStream Analytics approached the engagement with a focus on practical execution, making sure the solution improved day-to-day usability while also strengthening the long-term planning and reporting foundation.
The Challenge:
Accumen needed a more effective way to organize and analyze data so its finance team could report on the business in a structure that matched operational reality.
The latest business model had not been fully implemented in the reporting structure. This created unnecessary friction for the team and made it harder to move from raw data to useful insight.
Complex mappings across classes, departments, and subsidiaries made analysis difficult. This created unnecessary friction for the team and made it harder to move from raw data to useful insight.
Existing tools were not delivering the dynamic reporting and variance analysis the team needed. This created unnecessary friction for the team and made it harder to move from raw data to useful insight.
As demands for timely analysis and cleaner reporting increased, Accumen needed a more structured approach that could support both current needs and future growth.
The Solution
MindStream Analytics redesigned the reporting structure and data movement process to help Accumen model the business more effectively in NetSuite.
Created an alternative subsidiary hierarchy to better organize reporting needs. This change helped align the system more closely with business requirements and reduced dependence on manual workarounds.
Developed a mapping script to move data from NetSuite into the new organizational structure. This change helped align the system more closely with business requirements and reduced dependence on manual workarounds.
Used the mapping exercise to surface data quality issues, including values loaded to an undefined class. This change helped align the system more closely with business requirements and reduced dependence on manual workarounds.
Helped Accumen review and improve its data registration methodology for better long-term reporting accuracy. This change helped align the system more closely with business requirements and reduced dependence on manual workarounds.
Rather than delivering a one-off fix, MindStream focused on building a cleaner operating model inside NetSuite. That gave Accumen a solution that was easier to manage, easier to trust, and better suited for future reporting and planning needs.
Key solution components included:
The Result
With a cleaner structure and better visibility into data quality, Accumen can now produce more meaningful reports and make more informed decisions.
Enabled finance to model the business with a more organized reporting structure. In practical terms, that meant better visibility, faster turnaround, and more confidence in the information being used to support decisions.
Improved reporting quality by identifying and correcting underlying data issues. In practical terms, that meant better visibility, faster turnaround, and more confidence in the information being used to support decisions.
Created a stronger foundation for future reporting and variance analysis. In practical terms, that meant better visibility, faster turnaround, and more confidence in the information being used to support decisions.
Overall, the engagement helped Accumen move beyond short-term pain points and establish a more dependable framework for reporting, planning, and financial analysis over time.