McKesson Corporation

McKesson Corporation (MCK) is the largest healthcare distributor in the United States. Owl Creek's founders have provided consulting services to McKesson since 2001.

Examples of Owl Creek's solutions for McKesson include:

• Creation of database systems for contract compliance, cost recovery, and reporting
• Data Warehouse design for vendor billing and customer rebate calculation
• Application Development and Support
• Business Analysis and Systems Integration
• Business Analysis and functional design for multiple SAP deployments
• Business Continuity Planning and Disaster Recovery Plan preparation
• Temporary Staffing for technical positions

LifeMasters

LifeMasters Supported SelfCare, Inc. is a leading provider of disease management programs and services. Critical to LifeMasters' mission is the need to distribute patient vital statistics to physicians, efficiently and in compliance with HIPAA regulations.

Owl Creek is providing LifeMasters with a solution to this need: a medical information reporting system to automate the process of passing patient vital statistics to member physicians. This system works with LifeMasters' existing database system and does not require the acquisition of any additional software licenses. The Owl Creek-created system delivers patient information in a variety of formats usable by the receiving physician offices.

Confidential Insurance Client

Owl Creek is providing key staff participation in several projects for one of the nation's largest insurance and financial services companies, working in collaboration with a well-known management consulting firm. Project activities include:

• Testing of Sarbanes-Oxley controls for FAS 133 accounting processes
• Business Continuity Planning activities for several business subsidiaries, including development of Business Impact Assessments and Business Continuity Plans following ISACA, NIST, and ITGI standards
• Recovery evaluations for key external service providers, focusing on SAS 70 audits and documented recovery procedures

Confidential Professional Services Client

Owl Creek has developed financial reporting systems for a multi-office professional services firm, providing services to large public clients such as the Los Angeles Unified School District, City and County of San Francisco, and United States Army Corps of Engineers.

This client's challenge had to do with managing Accounts Receivable over hundreds of clients and thousands of concurrent projects. At the time of Owl Creek's engagement, Accounts Receivable had grown to over 35% of annual revenues, and collections efforts were hampered by lack of access to timely, well-organized data. Owl Creek's services included:

• Design and development of a Data Mart to consolidate A/R information from the client's accounting system (Ajera).
• Creation of real-time Accounts Receivable reports, summarized by client, Project Manager, and office. These reports ran in Microsoft Excel, which was already installed on all project managers' PCs and did not require any special software licenses or installations. The reports were intuitive to use and provided the client's Project Managers with the information needed to identify and correct late-payment issues.
• On a related project for this client, Owl Creek created an automated invoice process to support several large government agencies. The invoicing format required was extremely complex, and not supported by the client's accounting system. Using Microsoft SQL Server database software and Crystal Reports reporting software, Owl Creek created an automated invoice-generation process which reduced the time required to prepare invoices by over 80%, and eliminated errors related to manual entry of data. This in turn supported the client's goal of reducing A/R.