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Avinger, Inc. – Vivid Success Story

Avinger logo

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
  • www.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  • Reports were outdated as soon as general ledger transactions were posted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

  • Selected Vivid Reports CPM & Flex
  • Using one solution for both financial and operational reporting

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

YOU'RE IN GREAT COMPANY

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