Boston Scientific Corporation Supports Organizational Growth through Finance Transformation Initiative
Boston Scientific Corporation is a global medical manufacturing company with over 36,000 employees. Boston Scientific operates across 130 countries and 141 sites, including 16 principal manufacturing centers worldwide.
Due to their aggressive acquisition strategy, Boston Scientific Corporation (BSC) set out to solve many financial close challenges their Office of Finance was facing including:
- An increase in time and effort to support their Record to Report (R2R) workload, especially with a heavy reliance on manual processes and legacy tools
- A lack of standardized workflow documentation
- Limited process visibility and no control framework in place
BSC needed a financial close solution that would help them increase their efficiencies and effectiveness across their global accounting processes, while also increasing transparency and standardization to deliver value for the entire organization. After reviewing other Record to Report solutions, they chose Cadency® by Trintech to solve their challenges.
Discover the ROI that BSC achieved and how they were able to effectively support the organization’s vision for the future by deploying Cadency.