Physicians Mutual Insurance
EcoSys Financial Manager Implementation
Omaha, NE, 4/06

Physicians Mutual Insurance Company was having difficulty tracking whether projects were meeting the overall IT budget because of insufficient auditing capabilities. The system used for capitalization and depreciation reporting for IT Expenditures was not just time-consuming; it was riddled with errors and inaccuracy. Their reporting for IT Programs did not provide sufficient accounting controls or monitoring for auditors. Implementing EcoSys Financial Manager gave the department better IT budget management, reconciliation of top-down budgets with bottom-up project forecasts, formal financial period closeouts, and a strong audit trail. Follow this link to read the case study.