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StrataJazz Reviews & Product Details

Verified User in Hospital & Health Care
AH
Enterprise(> 1000 emp.)
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Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about StrataJazz?

Almost limitless reporting options. Pairing the flexibility of Model Builder with reporting tools/utilities like column qualifications, encounter analysis, etc is extremely powerful. Review collected by and hosted on G2.com.

What do you dislike about StrataJazz?

Technical issues with integration, and cost calculation can be a headache, and cause lots of waisted time. Review collected by and hosted on G2.com.

What problems is StrataJazz solving and how is that benefiting you?

Cost Accounting solutions, numerous COVID related analysis. We've gained numerous insights comparing our COVID and No COVID populations. Review collected by and hosted on G2.com.

StrataJazz Overview

What is StrataJazz?

Our single, modular cloud-based platform empowers healthcare providers with Best in KLAS modules designed for better decision support, financial planning, and continuous improvement to drive margins. With over 20 years of experience, Strata Decision Technology offers healthcare organizations the gold standard for financial planning, analytics, and performance. StrataJazz is trusted by over 400 healthcare systems and 2,000 hospitals in the U.S.

StrataJazz Details
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Product Description

StrataJazz application is a single integrated software platform that includes modules for capital planning, contract modeling, cost accounting, cost management, decision support, financial forecasting, management reporting, operational budgeting and performance improvement and strategic planning.


Seller Details
Year Founded
1996
HQ Location
Chicago, IL
Twitter
@StrataDecision
416 Twitter followers
LinkedIn® Page
www.linkedin.com
627 employees on LinkedIn®

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Recent StrataJazz Reviews

Verified User
A
Verified UserEnterprise (> 1000 emp.)
4.0 out of 5
"Almost there."
Almost limitless reporting options. Pairing the flexibility of Model Builder with reporting tools/utilities like column qualifications, encounter a...
Verified User
U
Verified UserMid-Market (51-1000 emp.)
2.5 out of 5
"AVP, Financial Analyst"
Centralized reporting, budgeting, and forecasting
CW
Chad W.Enterprise (> 1000 emp.)
4.5 out of 5
"Long Time Customer"
Flexibility in template design and reporting.
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57 out of 58 Total Reviews for StrataJazz

4.4 out of 5
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57 out of 58 Total Reviews for StrataJazz
4.4 out of 5
57 out of 58 Total Reviews for StrataJazz
4.4 out of 5

Overall Review Sentiment for StrataJazzQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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AJ
Business Intelligence Data Administrator
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about StrataJazz?

I appreciate the integration between various products and the use of common dimension/reference tables. The Axiom platform also provides a powerful approach to security that allows for simplified maintenance of user-level rights. Review collected by and hosted on G2.com.

What do you dislike about StrataJazz?

Some of the downstream impacts of design choices (e.g., selecting a particular forecast method, what a specific column means) could be explained in more detail. This would help inform our use of the product. Also, the product lifecycle is sometimes slow to incorporate client feedback into the development cycle. Review collected by and hosted on G2.com.

Recommendations to others considering StrataJazz:

Make sure to involve a cross-functional team of users/stakeholders in the RFP & implementation phases, including finance leaders, IT, and data managers. Create a formal or informal steering committee to help make key decisions during the setup process. Review collected by and hosted on G2.com.

What problems is StrataJazz solving and how is that benefiting you?

We are able to accomplish several different objectives with Axiom, including capital budgeting, rolling forecasting, long-term financial planning. This can all be achieved & rolled out to end-users within a single integrated product. Review collected by and hosted on G2.com.

Andrew D.
AD
Controller
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about StrataJazz?

I like how the system is completely integrated, where one database manages all reporting, and updating that database automatically updates all other reports. We also implemented a direct GL import that means that the system is always live for these reports and is now a direc "skin" of our GL. Review collected by and hosted on G2.com.

What do you dislike about StrataJazz?

The reporting feature doesn't really have an intuitive wizard that a layperson can use, and so reports have to be made in an IT environment and then touched by users. The breadth of the canned reporting solves most of these issues, but there's always a few holes that must be filled by IT/DSS-type staff. Implementation is also a lot of work to get the most out of the system, and with the 2020 pandemic, PVHMC still wants to move the ball futher along on this. Review collected by and hosted on G2.com.

Recommendations to others considering StrataJazz:

Axiom is excellent software, but like most EPM/BI products, you get out of it what you put into it. Make sure you know what problems you need solved and have IT buy-in to get the most amount of automation possible. Review collected by and hosted on G2.com.

What problems is StrataJazz solving and how is that benefiting you?

Almost all of our financial reporting was manual spreadsheets with unique formatting from a text file we could generate from our General Ledger. Now, our Trial Balance imports daily into Axiom, and once we set up the reports, the preformatted output takes seconds to create all of our standard reporting each month. Review collected by and hosted on G2.com.

Verified User in Hospital & Health Care
UH
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about StrataJazz?

It is easy to customize reports for different criteria using the built-in filters and to save them for future use. There is a report for everything so it is easy to work with operations and various stakeholders and provide the right data at the right time. The process of building budgets between Finance and operations is efficient and streamlined. With Axiom being Excel based it is great to be able to export the reports and use formulas/functions to manipulate the data if needed. Review collected by and hosted on G2.com.

What do you dislike about StrataJazz?

Some features within the budget plans is a bit clunky with multiple pop-ups and unnecessary clicks, as well as the need to clear pre-populated data. There are performance issues with the speed of the SaaS application which we are not sure if internal or external, but it sometimes takes 5+ minutes to open a budget plan file - we have been having these issues for years without resolution and it is very frustrating at times. As an end user it would be great to be able to build a report vs relying on our budget department to do it. Review collected by and hosted on G2.com.

What problems is StrataJazz solving and how is that benefiting you?

Axiom is really a one-stop shop for all my data needs. It is a powerful tool that is used to view financial reports, create budget plans, and helps identify trends and areas of opportunity. Review collected by and hosted on G2.com.

Verified User in Banking
AB
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about StrataJazz?

AXIOM has completely transformed our Budgeting Process and has cut it in half.

The beauty of AXIOM is how flexible and customizable it is, which allows us to automate many processes within AXIOM that was not possible in our previous Budgeting Software.

We utilize AXIOM not only for General Ledger Reporting, but many other custom ad-hoc reports since AXIOM has the ability to create custom SQL tables and imports to get different subsets of data into AXIOM and create reports off of that data.

AXIOM is extremely powerful, and I would highly recommend this solution to anyone. Review collected by and hosted on G2.com.

What do you dislike about StrataJazz?

The AXIOM Support team is top-notch and is highly knowledgeable and ALWAYS resolves our issues.

The problem is getting a hold of someone in Support.

AXIOM does not allow you to call and speak to someone directly as they prefer email correspondence, which can be frustrating, especially with urgent issues.

The benefits of AXIOM outlined above far exceed this small limitation. Review collected by and hosted on G2.com.

Recommendations to others considering StrataJazz:

Make sure you have a person hihgly knowledgable in SQL and Excel during the implemenation. Review collected by and hosted on G2.com.

What problems is StrataJazz solving and how is that benefiting you?

Our Budgeting Process has been cut in half, and we are now able to import custom non-GL data into AXIOM and create reports off of that data.

We also leverage the AXIOM Forecasting module, which has transformed our monthly Forecasting process. Review collected by and hosted on G2.com.

Ann U.
AU
Senior Director, Accounting and Analytics
Enterprise(> 1000 emp.)
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Verified Current User
Review source: G2 invite on behalf of seller
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What do you like best about StrataJazz?

The Syntellis Performance Solution allowed us to automate many planning and forecasting processes saving hours of manual effort compiling data. In addition, we had the ability to capture additional, critical data elements needed to better understand our portfolio. Review collected by and hosted on G2.com.

What do you dislike about StrataJazz?

Ad hoc reporting functionality is evolving and limited to SMEs to create. Review collected by and hosted on G2.com.

What problems is StrataJazz solving and how is that benefiting you?

Detail labor planning is critical to understanding our costs. Labor costs represent 75% of our costs. Getting visibility into detail, by person deployment was gamechanging. Review collected by and hosted on G2.com.

CW
Manager of Financial Systems
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about StrataJazz?

Flexibility in template design and reporting. Review collected by and hosted on G2.com.

What do you dislike about StrataJazz?

Support used to be prompt, now days could go by before I hear from someone. Lately, it's been better. Review collected by and hosted on G2.com.

What problems is StrataJazz solving and how is that benefiting you?

It provides our consolidated reporting for internal and external shareholders and the flexibility allows us to be agile when new requirements are implemented. Review collected by and hosted on G2.com.

CW
Accounting Manager
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about StrataJazz?

The functionality of the product is wonderful. Review collected by and hosted on G2.com.

What do you dislike about StrataJazz?

No issues with the product. The team has been great. Review collected by and hosted on G2.com.

What problems is StrataJazz solving and how is that benefiting you?

Employee resources are short. We are looking forward to having so much time wrapped up in the budget. We are looking forward to a less manual process. Review collected by and hosted on G2.com.

Verified User in Banking
UB
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about StrataJazz?

The unified platform and reporting analytics are top-notch! Great ability to customize reports to fit the needs of your institution. I Review collected by and hosted on G2.com.

What do you dislike about StrataJazz?

So many new features, I can hardly keep up. That's not really a bad thing. I like the fact the software keeps evolving. Review collected by and hosted on G2.com.

What problems is StrataJazz solving and how is that benefiting you?

Axiom helps us understand what's happening in the business and gives us the ability to spin our data in many different directions. Review collected by and hosted on G2.com.

Verified User in Banking
UB
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about StrataJazz?

I like how easy Axiom is to use. With it being excel based, anything really can be done with formulas. There are also a lot of help documents to help with most problems if you're having trouble with something. Review collected by and hosted on G2.com.

What do you dislike about StrataJazz?

I wish there were more help videos and webinars about various features available within the different Axiom packages. Review collected by and hosted on G2.com.

Recommendations to others considering StrataJazz:

I recommend Axiom to others considering it because the program is very easy to use, and is very easy to pick up on. With the amount of help documents out there, and Axiom support, there hasn't been a problem that I haven't been able to fix. Review collected by and hosted on G2.com.

What problems is StrataJazz solving and how is that benefiting you?

With Axiom, we are no longer needing to run a nightly consolidation that takes hours throughout the night. Mostly everything is readily available as soon as things are saved. Review collected by and hosted on G2.com.

Verified User in Hospital & Health Care
UH
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about StrataJazz?

Our organization utilizes the Comparative Analytics branch of the solutions. The tools that our organization utilizes are user-friendly and have been easy to roll out and trian among our team. End-users appreciate the ease and simplicity of utilizing these tools to obtain cost accounting information and turning it into actionable data for decision making Review collected by and hosted on G2.com.

What do you dislike about StrataJazz?

I do not have many complaints about Syntellis Performance Solutions. If I had to pick something, it would be that some of the analytic solution products looks antiquated. This tool is very powerful and can provide so much reporting detail; I think that Syntelli can give this solution more of a modern look with a font change. Review collected by and hosted on G2.com.

What problems is StrataJazz solving and how is that benefiting you?

The solution is providing our organization with the ability to pull cost information to the service item detail. This has allowed us to dig into the data, make the cost data more actionable, and find opportunities across the organization to eliminate inefficiencies. The solution has also allowed us to provide our leaders with the right tools to make critical decisions. Review collected by and hosted on G2.com.