Record-Breaking Q3 for Martus! SOC 2 Compliance, New Features, and Unmatched Growth Fuel Our Momentum

Martus Solutions is proud to announce a record-breaking third quarter in 2024, marked by growth in new customer acquisitions, an 88% QoQ increase in ARR, and the successful completion of our second SOC 2 Type 2 audit. As we expand our solutions and partnerships, Martus is more dedicated than ever to delivering secure, reliable budgeting and reporting solutions that empower mission-driven organizations worldwide.

Growth-Focused Security 

As Martus grows, so does our responsibility to protect client data. Our latest SOC 2 compliance audit audit covered privacy as well as security, preparing us to meet new regulatory needs as we look to support more customers worldwide. This dedication to security is foundational to our mission, as over 850 nonprofits, churches, and businesses trust Martus with their financial and budgeting data.

“Our SOC 2 Type 2 achievement reflects Martus’ dedication to creating a secure environment for our clients,” said Paul Wheeler, Martus Solutions CTO. “With each stage of growth, we deepen our commitment to data protection, ensuring the privacy and integrity of the information entrusted to us.”

Q3: Record Growth and New Partnerships

The Q3 achievements didn’t stop with privacy and security. Martus celebrated record-breaking growth this quarter, achieving an 88% increase in new ARR compared to the previous quarter, as well as the highest number of new customer acquisitions to date. We expanded our team, welcomed new business partners, and successfully relaunched the Martus Partner Program. 

“We chose to partner with Martus because of their unparalleled commitment to innovation, reliability, and customer success,” said Mark Cronin, Director of Technology Consulting at RSM. Their budgeting and reporting solution aligns perfectly with our focus on delivering value and growth for our middle-market clients.”

A significant product highlight of Q3 was the success of our Sage 100 API integration using the Martus EZ Connector, which automates daily updates from Sage 100 into Martus’ intuitive budgeting and reporting solution seamlessly. In addition, we released 17 product updates including drag-and-drop features for categories, custom calendars for non-standard reporting periods, key updates to personnel budgeting, and streamlined user management for partners. 

Looking Ahead

As we enter the final quarter of 2024, Martus Solutions is well-positioned for a successful close to a landmark year. Our focus remains on delivering secure, robust financial tools to empower mission-driven organizations in their financial planning and reporting.

Thank you to our sales and support teams, product developers, resellers and partners, and of course our customers for their ongoing support and success in helping Martus reach new heights. We look forward to a strong finish to 2024 and the exciting growth opportunities on the horizon.