University of Alabama at Birmingham (Department of Medicine) Chooses DataScholar™ UAB Supplements eThority® Solution with Commitment Management and Financial Centers eXtensions

Charleston, SC, October 6, 2010 - eThority®, a leading provider of "user-obvious" enterprise performance and productivity solutions, today announced that University of Alabama at Birmingham's Department of Medicine has chosen DataScholar to optimize financial reporting and increase transparency. DataScholar is a higher education performance engine, powered by eThority, that optimizes institutional performance with complete data access and comprehensive, interactive analytics.

In the Department of Medicine's search for a solution to address their unique financial reporting needs, it was established that a "generic BI solution" would not solve their most complex problems. Specifically, UAB was looking for a way to consolidate all account statements and manage commitments that are not tracked in traditional systems of record. DataScholar was selected as the most adept at handling these needs. Pulling in data from multiple, diverse systems, DataScholar will unify UAB's data for reporting from a single system.

Using DataScholar's Commitment Management eXtension, all of the Department of Medicine's financial encumbrances, commitments and A.R will be tracked in one location and integrated into the university's current financial outlook. UAB's Department of Medicine will also be using the Financial Centers eXtension, which provides a quick snapshot of an account's financial activity, with the ability to drill down for further investigation or troubleshooting. Financial Centers also combines current financial activity with future commitments through tight integration with Commitment Management, providing a more accurate picture of current financial status.

"UAB's Department of Medicine is focusing on improving our understanding of the strategic and economic drivers of the competitive environment in which we work," said Edward Abraham, MD, Chairman, UAB Department of Medicine. "As we are faced with ever more challenging fiscal climates, we must improve our organizational performance in relation to our strategic goals. To achieve this, we needed a more sophisticated, yet user friendly analytical framework to provide tools that did not currently exist (or existed inconsistently in shadow systems). We needed a product that will allow us to integrate and deliver the data and information our leaders and managers need in order to run the business of building a sustainable model in which to fulfill our tripartite mission of education, research and clinical care."

"One of the reasons that DataScholar is such a powerful solution for financial reporting is that it integrates financial data sources. The analysis derived from unified, up-to-date financial statements helps institutions accurately assess their current financial situation and better plan for the future," said eThority President and CEO, Mike Psenka. "We are proud to partner with UAB's Department of Medicine for this undertaking."

About The Department of Medicine at UAB
The Department of Medicine (DOM) is the largest department at the University of Alabama at Birmingham (UAB) with approximately 1,500 faculty, staff and trainees. The DOM is internationally recognized as a leader in education, research and clinical care. For more information, please visit the DOM's website at http://www.dom.uab.edu/.

About eThority
Founded in 1992 and headquartered in Charleston, SC; eThority is provider of "user-obvious" enterprise performance engine software that empowers end users and offers IT an easily maintainable solution. In addition to eThority Enterprise, the company's award winning business analytics and reporting platform, eThority offers eXtensions: industry-specific modules designed to fill critical gaps in existing systems. Organizations choose eThority Enterprise because it provides real time end-user interaction with data in a secure, state-of-the-art platform capable of scaling from a single department to thousands of users. eThority's solutions are in use around the globe at major research universities and leading corporations. For more information, please visit www.eThority.com.

About DataScholar
DataScholar is a higher education performance engine that optimizes institutional efficiency and operations with complete data access and comprehensive, interactive analytics. Powered by eThority, a provider of intuitive solutions for Higher Education since 1992, DataScholar helps institutions leverage their user-obvious interface to empower users of all skills levels. DataScholar promotes collaboration with a secure, compliant platform; and offers simplicity, accessibility and flexibility in reporting across the institution. For more information, visit www.DataScholar.com.

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Trademarks
DataScholar and eThority are registered trademarks of eThority, Inc.

 

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