The performance improvement services provided by Practus assisted the NGO in implementing an excel forecasting model into Prophix and Improving employee performance by shifting from a manual to system-based approach.

ClientIndustryOwnershipROIManagementNo. of EmployeesSizeProject Duration
A Non-Profit OrganizationHealthcare Non-Profit5.3xProfessional~150~$15 Million2 Months

About The Company

Healthy Mind is a national nonprofit organization dedicated to improving the lives of children and families who are dealing with mental health and learning issues.​

Practus’ Role in Performance Improvement Services

  • Phase I: Creation of an effective, automated Excel model for forecasting the financials, taking into consideration employee compensation and fringe benefits.​
  • Phase II: Incorporation of the forecasting model into Prophix, including the addition of the employee roster and forecasting assumptions for expenses.​

Impact Delivered in Performance Improvement Services

  • The creation of a fully automated, Excel-based forecasting model saved time (2–3 man-days). ​
  • Implementing an Excel forecasting model into Prophix helped in reducing human errors to a great extent. ​
  • They improved employee performance by shifting from a manual to a system-based approach. This was achieved by making data entry for forecasting undertaken by individual departments in Prophix. This additionally made it less burdensome on the F&A team. 

See how Practus can assist you in improving your organization’s Performance