The Challenge

The Society for Simulation in Healthcare (SSH) was established in 2004. Their mission; to improve performance and reduce errors in patient care using simulation. SSH serves over 3,200 clinicians, physicians, nurses, researchers, educators, and developers around the world.  Collaboration with staff members in numerous locations was a challenge and providing accurate and timely management reporting was becoming increasingly difficult due to operating in a virtual model.

 

Our Approach

With the help of SSH’s management and Board, Tate & Tryon developed an innovative approach to SSH’s financial management by implementing a cloud-based accounting and accounts payable workflow solution. This system provides online access to financial reports and invoice review and approval from any location.  Post implementation, Tate & Tryon continues to provide ongoing CFO level support to SSH leadership, including financial analysis, budgeting and forecasting, and other support.

 

 

The Results

  • The Board now has greater trust in their internal accounting, while affording them the time to focus on a strategy which is essential to SSH’s continuing growth.
  • IMSH—the annual meeting of SSH—is their single best revenue generator of the year. Tate & Tryon attended the event to assist with registration and finance responsibilities, which contributed to the event’s success.
  • Integrated cloud-based technology allows SSH staff a more efficient internal process. Vendor invoices and expense reports are reviewed and approved from anywhere in an environment with strong internal controls.

 

 

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