Collaborative Budgeting: The Key to Empowering Nonprofits
Nonprofit budgeting is more than a financial process—it’s a mission strategy. And yet, for many organizations, budgeting still feels like an...
2 min read
Martus Solutions : October 29, 2024
Destinations International, a group that represents destination organizations and convention and visitor bureaus worldwide, achieved 2x faster decision-making, $25,000 in cost savings, and a 33% reduction in time spent on financial tasks when implementing Martus Solutions. This post details how Martus Solutions transformed the organization's financial management, streamlining processes and enhancing efficiency across the board.
When Becky Heath, the Director of Finance at Destinations International, was tasked with enhancing their financial planning and reporting, she turned to Martus Solutions. The platform was not only a match for their needs but exceeded expectations by seamlessly integrating into the company's existing systems.
One of the standout features for Becky and her team was the platform's automatic integration with Sage Intacct, which significantly streamlined their financial processes. The personnel budgeting and allocation features provided much-needed efficiency, and the self-serve nature of reporting meant that managers could be more hands-on with budget creation. These features have allowed staff to attach supporting documents directly within reports - a function that promotes transparency and accountability throughout the organization.
Becky shares:
“I selected Martus for our organization. Martus is very user friendly and users quickly learn how to input data, attach key documents, and run their own reports.”
Since implementing Martus Solutions, there have been tangible benefits for Destinations International. Managers now actively participate in budget creation from start to finish. Additionally, reporting has transitioned to a self-service model with ease of access to supporting documentation through intuitive hyperlinks within the system.
Becky particularly loves how user-friendly Martus is. This ease of use inspired rapid adoption across her team; they were delighted to find out how effortlessly they could input data and produce timely reports that kept everyone informed. Moreover, she appreciates how secure and cost-effective Martus has proven itself to be compared to other solutions considered in the past.
Quick implementation meant that Becky’s team did not lose time adapting to a new system. Becky also shares that there's been an uptick in efficiency since switching over to Martus Solutions' platform: her team now spends less time managing spreadsheets and more on strategic financial decision-making.
Martus Solutions offers a blend of cost savings, user-friendliness, and solid Intacct integration—elements crucial for fiscal management. Its impact echoes through every level of Becky's organization at Destinations International, cementing its role as an invaluable tool in modern budgeting and forecasting practices within the tourism industry.
To discover how Martus can transform your organization's budgeting and financial management, schedule a demo with Martus Solutions today. Begin your journey towards enhanced productivity and financial clarity with Martus.
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