Industry: Manufacturing/Medical Devices
“Implementing Vivid has allowed the FP&A team at Avinger to deliver accurate financial reporting in a timely manner to our senior leadership.”
–Jeff Miller, Director of Finance, Avinger, Inc.
The Client
- Commercial-stage medical device company
- Headquartered in Redwood City, California
- 75 employees
- Manufactures and sells devices for cardiologists, vascular surgeons, and radiologists
- Uses SAP Business One as their ERP
- Caters to multiple customer segments in the medical supply industry
- avinger.com
The Challenge
- All reporting was being done manually in Microsoft Excel®
- Reports were outdated as soon as general ledger transactions were posted
- Budgeting was a manual process that took over two days a month to complete
The Solution
The New Reality
- Went from taking two days to compile financial report to a few minutes
- Accuracy of reports is reliable since the data is pulling directly from SAP B1
- Managers are provided prompt and accurate reports with little work involved
- Able to report off operational real time data in to Excel® from SAP B1
A Vivid Result: Automated Reporting and Budgeting that is easy to Update, Refresh, Share, and quickly Analyze
