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The revenue and cost management solution has enabled us to quickly access and analyze financial data for the entire organization. The data is available on the individual project level, as well as on the department levels, it can be reviewed in any desired time dimension and has multiple budgeting scenario options.
All of this enables the organization to anticipate future trends and to detect and track any potential funding gaps or spending peaks and valleys. The solution has allowed for correct analyses to be ready in a matter of minutes, whereas in the past some of it would have taken days with the added risk of a miscalculation due to human error, while other analyses were simply impossible to do manually, because of the complex nature of the information.
The new solution has allowed a more agile and better-informed approach in the organization’s financial management.
Associate Director of an international not-for-profit organization