Centage Case Studies Faster Budgeting and More Valuable Insights for Personnel Planning

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	Faster Budgeting and More Valuable Insights for Personnel Planning Centage

Faster Budgeting and More Valuable Insights for Personnel Planning

Centage

Technology Category	Analytics & Modeling - Predictive Analytics Functional Applications - Enterprise Resource Planning Systems (ERP)
Applicable Industries	Education Healthcare & Hospitals
Applicable Functions	Business Operation Human Resources
Use Cases	Predictive Replenishment
Services	Data Science Services System Integration
Challenge	Urban Ventures, a nonprofit social services organization, was facing challenges with their budgeting and planning process. Their long list of services, including options from prenatal care all the way through adult life, created many challenges, especially when combined with budgeting and planning for their biggest expense – their employees. Some of the 75+ team members were part time, some were seasonal, and others were full-time, and everything from unemployment insurance rates, taxes (employee and employer), salaries, insurance etc. - all needed to be budgeted and planned for. At the time, Urban Ventures was doing all the budgeting and planning in Excel, with Microsoft Dynamics GP providing the necessary data export/import and reporting features. Read More
About Customer	Urban Ventures is a nonprofit social services organization that provides ‘cradle-to-career’ support for youth and families in one of Minneapolis’ most under-resourced neighborhoods. The faith-based organization works alongside 70 local partners to address opportunity gaps in academics, nutrition, physical activity, parenting resources, and more—all with the overarching goal to prepare and send every youth in their neighborhood to college or postsecondary education. The organization has between 50-100 employees. Read More
Solution	Urban Ventures looked at several budgeting and planning tools, but quickly narrowed it down to Centage Planning Maestro because of the solution’s personnel planning and forecasting capabilities and its ability to easily integrate with Dynamics GP. With payroll being about 85% of Urban Venture’s expenses, when it came to building the personnel budget, it was critically important that the numbers they used were accurate. Because Planning Maestro seamlessly integrates with Dynamics GP, and many other ERP and accounting systems, the exchange of financial information is always secure, forecasts are accurate, and budgets can be created faster without the risk of data entry errors. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Predictive Analytics

Functional Applications - Enterprise Resource Planning Systems (ERP)

Applicable Industries

Education

Healthcare & Hospitals

Applicable Functions

Business Operation

Human Resources

Use Cases

Predictive Replenishment

Services

Data Science Services

System Integration

Challenge

Urban Ventures, a nonprofit social services organization, was facing challenges with their budgeting and planning process. Their long list of services, including options from prenatal care all the way through adult life, created many challenges, especially when combined with budgeting and planning for their biggest expense – their employees. Some of the 75+ team members were part time, some were seasonal, and others were full-time, and everything from unemployment insurance rates, taxes (employee and employer), salaries, insurance etc. - all needed to be budgeted and planned for. At the time, Urban Ventures was doing all the budgeting and planning in Excel, with Microsoft Dynamics GP providing the necessary data export/import and reporting features.

About Customer

Urban Ventures is a nonprofit social services organization that provides ‘cradle-to-career’ support for youth and families in one of Minneapolis’ most under-resourced neighborhoods. The faith-based organization works alongside 70 local partners to address opportunity gaps in academics, nutrition, physical activity, parenting resources, and more—all with the overarching goal to prepare and send every youth in their neighborhood to college or postsecondary education. The organization has between 50-100 employees.

Solution

Urban Ventures looked at several budgeting and planning tools, but quickly narrowed it down to Centage Planning Maestro because of the solution’s personnel planning and forecasting capabilities and its ability to easily integrate with Dynamics GP. With payroll being about 85% of Urban Venture’s expenses, when it came to building the personnel budget, it was critically important that the numbers they used were accurate. Because Planning Maestro seamlessly integrates with Dynamics GP, and many other ERP and accounting systems, the exchange of financial information is always secure, forecasts are accurate, and budgets can be created faster without the risk of data entry errors.

Impact #1	Budget revisions in Excel would take five or six hours – doing them in Planning Maestro, it’s 20 minutes – so it’s a pretty significant time savings.
Impact #2	With ease, Ms. Sherman can build out a team of people working on a project, and then look at various scenarios for what happens to the budget when certain changes are made – whether it is rates or hours worked over a period – and then carry those numbers into the future.
Impact #3	Ms. Sherman can make changes quickly and easily – whether it is an employee’s hours or a program allocation – and then see that change reflected throughout the budget and the forecasts.

Impact #1

Budget revisions in Excel would take five or six hours – doing them in Planning Maestro, it’s 20 minutes – so it’s a pretty significant time savings.

Impact #2

With ease, Ms. Sherman can build out a team of people working on a project, and then look at various scenarios for what happens to the budget when certain changes are made – whether it is rates or hours worked over a period – and then carry those numbers into the future.

Impact #3

Ms. Sherman can make changes quickly and easily – whether it is an employee’s hours or a program allocation – and then see that change reflected throughout the budget and the forecasts.

Benefit #1	Budget revisions time reduced from 5-6 hours to 20 minutes.
Benefit #2	Anticipated time savings in annual budgeting process, potentially reducing the time taken by half.

Benefit #1

Budget revisions time reduced from 5-6 hours to 20 minutes.

Benefit #2

Anticipated time savings in annual budgeting process, potentially reducing the time taken by half.

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Overview

Faster Budgeting and More Valuable Insights for Personnel Planning

Operational Impact

Quantitative Benefit