New York Blood Center (NYBC) is one of the largest blood collection and distribution organizations in the United States, providing millions of blood components to nearly 200 hospitals throughout the Northeast every year, as well as pioneering blood research focused on global health issues. Over the past two years, NYBC has completely transformed its financial planning and reporting capabilities using TM1 – impacting the entire organization from senior executives to front-line staff. Learn how this complex, logistical operation is able to model, plan, allocate, report and manage costs on a per unit basis with its comprehensive use of TM1. This presentation was given at IBM Vision 2016 by Dan Bernatchez, managing principal at Revelwood. Dan is known as one of the most notable TM1 experts in the world. For 27 years, he has designed, developed and managed hundreds of TM1 applications throughout a variety of industries. He is widely recognized for solving complex business problems and exceeding client expectations.

1. ©2016 Revelwood Inc. Proprietary & Confidential.

2. Revelwood / New York Blood Center
High-Impact Modeling at NYBC
with IBM Cognos TM1

3. ©2016 Revelwood Inc. Proprietary & Confidential.
Session Agenda
▪ Background
▪ Challenge
▪ Vision / Plan
▪ Key Features
▪ Benefits
▪ Questions

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▪ IBM Premier Business Partner specializing in…
- FOPM (TM1)
- Advanced Analytics (Watson Analytics, SPSS, Cognos BI)
- Customer Analytics (PCI and Industry Solutions)
▪ Hundreds of successful TM1 implementations over 20 years for both Fortune
1000 and mid-market companies
▪ Our out-of-the-box implementation accelerator – Revelwood Lightspeed™ –
“jumpstarts” TM1 implementations
▪ We work to ensure that every client is able to most effectively drive business
value from TM1
▪ We create the best solutions through experienced staff and best practices
related to TM1 architecture, development and project management methods
About Revelwood

5. ©2016 Revelwood Inc. Proprietary & Confidential.
▪ One of the largest non-profit blood collection and
distribution organizations in the United States
▪ Provides more than one million blood products to 200
hospitals in the Northeast
▪ Has the largest cord blood bank providing stem cells for
transplants around the world
▪ World-class researchers at NYBC’s Lindsley F. Kimball
Research Institute…leading the way in pioneering blood
research
New York Blood Center (NYBC)

6. ©2016 Revelwood Inc. Proprietary & Confidential.
▪ Separate models (Excel, Access, etc.) built for a single
purpose
▪ Models did not talk to each other
▪ End users had no access to their data; relied on Finance
and Accounting to answer the simplest questions
▪ Excel Hell!!!!
Challenges

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▪ Existing models only addressed what they did today
- What about the future?
- Needed a flexible solution
▪ Different user groups had different needs
- Cost Center owners
- Accounting
- Finance
- Executive Board
▪ Two very different companies
Challenges

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▪ Visionaries
- Beth Gibson – CFO
- Diane Arritt – Director, Finance Transformation
▪ Team
- Revelwood
- Finance
- Accounting
▪ Key Concepts
- Single system with one technology
- Don’t replicate -> Transform
- Bring in all the data
Vision

9. ©2016 Revelwood Inc. Proprietary & Confidential.
▪ Build in phases
- Phase I: Access to ERP Data; Automate the Board Package
- Phase II: Budget/Forecast; Give Users Control
- Phase III: Detailed Revenue Planning and Reporting
- Phase IV: Grant Reporting / CPU Automation
Plan

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Key Features - Demo
▪ Cost Center Reporting
▪ Revenue Reporting
▪ A/R Aging Analysis
▪ Allocations

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Key Feature - Drilling
Finance
APGL Trans ARPR BL
Invoice
Image

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Key Benefits
▪ Users can answer their own questions
▪ Doing more in less time
▪ Answer – why?
▪ Learn once
▪ Flexibility
- Acquisition mapped and part of Executive package
in first month

13. ©2016 Revelwood Inc. Proprietary & Confidential.
Questions & Next Steps
▪ Download NYBC Case Study
▪ Quantum for TM1™ – the fast and easy way to
manage your TM1 environment anytime, from
anywhere
▪ Come see us at Booth #25!

14. ©2016 Revelwood Inc. Proprietary & Confidential.
Contact Revelwood
Revelwood
201.984.3030
info@revelwood.com
www.revelwood.com