Strata

Overview

Strata Decision Technology, founded in 1996 and based in the United States, specializes in enterprise resource planning (ERP) software, particularly within the healthcare sector. The company's Axiom software suite addresses various financial planning and management needs, including labor planning, budgeting, forecasting, and capital management. Strata's solutions aim to enhance efficiency and accuracy in financial processes, as evidenced by case studies such as the implementation of Axiom at Emory University School of Medicine, which streamlined faculty compensation management and improved process flows. The Axiom Rolling Forecasting tool enables healthcare organizations to simulate multiple financial scenarios, allowing finance teams to make data-driven decisions based on current performance metrics. Additionally, Strata's capital planning and tracking capabilities facilitate the evaluation and prioritization of capital projects, ensuring alignment with strategic objectives. The company’s focus on integrating financial planning processes supports healthcare organizations in optimizing their strategic and financial positions.

Industry