Business Outcomes
Get a Handle on Compliance Issues
Governance, risk management, and compliance are efficient and effective when enterprise information is complete, accurate, and easily shareable with stakeholders—including auditors, government agencies, and other regulatory bodies. Closely monitor and control your core business operations to proactively detect and avoid threats, and ensure adherence to all laws and guidelines.
Complete Operational Transparency
The extensive WebFOCUS platform empowers you with all the features you need to facilitate compliance at all times. Your stakeholders will have a superior experience, allowing them to track the status of critical projects and initiatives, identify and prevent risks, and improve the speed and accuracy of regulatory reporting.
- Dashboards
- Financial Reporting and Analysis
- Predictive Analytics
- Performance Management
Success Story
The Challenge
How does your organization enable an integrated view of business information with targeted data, detail-level drill-downs, and KPIs – in an attractive and intuitive interface?
The Strategy
Create a state-of-the-art business intelligence (BI) application, map back-end data sources, create a consumer-friendly dashboard environment, enable drill-downs, and help users identify key metrics.
The Results
Improved commercial activity has positively impacted revenue. Managers can comprehend the data and focus on the most relevant metrics that influence performance, as well as foster a proactive, data-driven culture.
Complete, High-Quality Information
iWay seamlessly integrates, cleanses, masters, and enriches information from any combination of enterprise sources to ensure its ongoing completeness, consistency, and quality. Compliance is further enhanced with easy identification and auditing of record-data origination and remediated data, as well as the ability to streamline and automate vital workflows to support industry standards.
- Adapters
- B2B Automation
- Data Quality Management
- Master Data Management
Success Story
The Challenge
Governmental requirements to support new EDI standards for medical claims processing required compliance, or organizations would face fines and payment delays. LifeWatch needed integration technology to comply with new standards by government deadline.
The Strategy
LifeWatch deployed iWay integration software solutions to manage claims processing with more than 10 different claims clearinghouses.
The Results
The company dramatically reduced manual effort for hundreds of thousands of annual claims, achieving compliance with new HIPAA standards.
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