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Technology-Enabled Solutions Company

The client is an analytics and technology-enabled solutions company that allows biopharma to adapt to the challenges and opportunities in the rare and specialty disease markets. The client brings best-in-class talent together with cutting-edge technology and data analytics to build products and deliver services that change the trajectory of their client’s businesses – from analysis to insight to activation.

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The Challenge:

The client's product vendor stopped supporting their current accounting system, leading to the following challenges:

Limited knowledge of data and reporting structures:

  • Limited understanding of back-end table structures and relationships
    to create custom reports or dashboards.

Limited Reporting Capabilities:

  • Inability to include all required fields in Deltek Vantagepoint reports or
    dashboards due to software limitations.
  • Required customized reports, like Income Statement by Department,
    Employee Expenses, Unsubmitted Timesheets, among others, in Deltek
    Vantagepoint.
  • Required reports containing intricate financial metrics and organization
    metrics.
  • Manual consolidation efforts needed to collate data due to reliance on
    disparate data sources.

Insufficient Bandwidth:

  • While the client had multiple Power BI professionals in-house, they were
    not available to take on this project.

Roadblocks:

  • By the nature of data projects, roadblocks arise in report creation and
    ensuring the accuracy of numbers.

The Approach:

We helped the biopharma company optimize their data reporting and analytics by integrating various data sources, creating custom KPIs and reports, and improving backend data understanding through Power BI and SSRS.

  • Enhanced the company’s understanding of backend data structures and
    relationships.
  • Developed robust data models to connect various data points to create
    custom KPIs and metrics in Power BI.
  • Created customized reports using SQL Server Reporting (SSRS), which
    were uploaded to Deltek Vantagepoint to be run natively in the interface.
  • Delivered Power BI reports based on complex calculations, such as the
    Gross Margin dashboard and the Utilization dashboard.
  • Connected offline data sources and Deltek Vantagepoint data into a
    single model.
  • Trained new users on dashboard maintenance, republishing,
    scheduling, and configuration to expand their internal Power BI expertise.
  • Provided detailed timelines and kept the project on track with best
    practice techniques.
  • Actively communicated project risks, actions, issues, and decisions.
  • Conducted regular status updates.

Project Timeline

Technology Support From Start to Finish
Project Initiation & Planning
Data Discovery
Data Preparation & Modeling
Report Creation & Modification
User Acceptance Testing
Report & Dashboard Deployment
Maintenance & Support

The Impact:

Our work with the client had a transformative impact on their operations, streamlining processes and enhancing data accessibility.

  • Real-time data updates
  • Eliminated tedious data entry and consolidation activities
  • Integrated data from multiple sources (i.e., Deltek Vantagepoint, Excel)

  • Highly customized reports and dashboards
  • Deployed shareable dashboards and reports in a low-code environment
  • Training documentation for new users for continued change
    management and adoption

Net Revenue:

In-depth analysis of net revenue by department and compared to budget.

Rainmaker:

Comprehensive overview of revenue and performance by department and project manager.

NOTE: IMAGES SHOWN ARE FOR DISPLAY PURPOSES AND DO NOT REFLECT ACTUAL DATA.

“ We were unable to effectively use our data in Deltek Vantagepoint. With the help of the Wiss Advisory Team, we were able to bring the data fields together into clear and concise metrics. The custom Power BI dashboards and Deltek reports they developed made it easier to track our progress and make informed decisions. We are grateful for their partnership! ”
— Senior Vice President Operations