BroadJump Expands Actionable Data Capabilities with Dynamic Reporting
Actionable, on-demand intelligence using your purchasing data
DALLAS, TEXAS – February 9, 2021 – BroadJump has launched Dynamic Reporting, a new reporting system housed within the Dynamic Spend Intelligence™ platform. This feature generates reports on a regular basis, giving users the online, on-demand ability to view actionable reporting metrics built from their own purchasing data.
Dynamic Reporting uses the data contained within BroadJump’s Dynamic Spend Intelligence application to provide clients with detailed analyses of the impact of price, utilization and product change. Among the included reports are spend and classification summaries, invoice-level detail, ImpactTracker and Cost Drivers, with parity at the product level and PlaybookTracker coming soon. With Dynamic Reporting, this comprehensive suite of reports is easily accessible to clients and can be downloaded and exported to Excel for additional analysis.
“We’re extremely excited to be able to deliver the reports our clients find valuable in a dynamic way,” said BroadJump’s Lauren Campbell, Director of Product Development. “Dynamic Reporting allows custom report parameters, automatic refresh, interactivity and easy access to invoice-level detail.”
These reports pinpoint what is driving increases or decreases in supply expense as well as provide a complete picture of how the client’s pricing is performing by category, manufacturer and facility. “What this new reporting feature does is put more actionable intelligence in the hands of our clients,” said Cheryl Weatherford, Executive Vice President of Client Management at BroadJump. “It helps them easily answer the ‘why’ behind pricing changes and enables them to efficiently monitor their performance in achieving their savings goals.”
BroadJump is focused on assisting hospitals and health systems transition to a dynamic sourcing model that delivers transformative improvement to current best practices of sourcing. We provide sourcing models which are supported by sourcing experts and proprietary software applications that provide unprecedented pricing transparency. BroadJump collaborates with our clients to ensure their organizations meet or exceed budget goals for both supplies and resources. For more information, please visit www.BroadJumpLLC.com.