Concordia Plan Services upgraded to Infor healthcare cloud software, with anticipated year one savings of over $1M
Achieving savings from cloud efficiency
Concordia Plan Services is a not-for-profit healthcare organization that provides health benefits as well as pension and disability benefits for the Lutheran Church Missouri Synod, with global operations. Looking to the future, the organization wanted to create a formalized business development group to increase its market penetration. Concordia chose Infor CloudSuite Healthcare to reap the savings from the efficiency of the Infor cloud powered by Amazon Web Services’ (AWS) cloud computing operations.
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Benefits of moving to the Infor cloud
Concordia experienced a 30% reduction in customizations of Infor solutions as a result of the engagement with the Infor Value Engineering and Infor Business Process Consulting teams. The organization avoided a $350,000 capital expenditure required for an on premise deployment. Concordia also saved $300,000 in labor costs that would have gone toward hiring two to three additional employees to manage its technology infrastructure.
reduction in customizations by working with Infor Value Engineering
saved by cloud vs. on-premise deployment
avoided labor costs for hiring two to three additional employees to manage technology infrastructure
We moved to the Infor® cloud powered by Amazon® Web Services (AWS) … economies of scale are achieved and value can be passed on to end consumers like us. We now have an outstanding disaster recovery approach, and are HIPAA compliant. We are confident our data is more secure in the Infor Cloud.
A complete operational platform designed for healthcare
Infor CloudSuite Healthcare is a complete software platform designed for healthcare—that encompasses a comprehensive suite of business solutions unique to healthcare, including finance, planning, supply chain, human capital, and asset management.