Ease and Flexibility Transform Budgeting Process, Providing Deeper Analysis and Significant Time Savings

After an extensive search, CompTIA selected Centage’s easy-to-use, scalable cloud-based budgeting and forecasting solution as the clear winner that not only met but exceeded their requirements and expectations. The solution’s formula-free environment gives Laffey confidence that the budgets he and his team develop are reliable and accurate. It’s strict adherence to the chart of accounts alleviates concerns about data integrity by catching potential coding errors while increasing the value of the plans developed with one-to-one comparisons between budgets and actuals. The new solution offers flexibility for users to enter exact counts, dollars, and percentages in value fields, while in the past users spent their already scarce time making trial-and-error guesses to get to the value that they wanted to budget for. For example, if a manager wanted to budget 500 units sold of a particular item, they had to enter a percentage value of an overall figure rather than the exact 500-unit amount, making the process cumbersome and error-prone. The ability to collaborate with other CompTIA executives in their native currencies and in U.S. dollars streamlines the workflow and provides the platform that Laffey needed to more easily digest financial data from both headquarters and abroad. Multi currency reporting provides increased accountability at the local level as the users take additional ownership of the budgets they submit. Centage’s cloud-based solution provides the global access they required along with a quick and easy implementation and a short training timeline.