Industry
Sport
Challenge
Special Olympics Maryland’s budgeting process, heavily dependent on Excel, had become a bottleneck for efficient financial management. The manual workflows were labor-intensive, difficult to coordinate across departments, and prone to errors, leading the team to seek a solution that could enhance accuracy and save time.
Results
With a new streamlined budgeting and forecasting tool, the organization achieved a 50% reduction in time spent on budget processes, doubled the speed of decision-making, and saved $25,000 annually. This efficiency allowed staff to redirect their focus from administration to delivering on mission-critical programs.
Martus Solutions has allowed the budget process to be more user friendly, take less time, and interfaces with our GL seamlessly. No more Excel worksheets.
About Special Olympics Maryland
Special Olympics is founded on the belief that people with intellectual disabilities can, with proper instruction and encouragement, learn, enjoy, and benefit from participation in individual and team sports. These must be adapted only as necessary to meet the needs of those with mental and physical limitations. Special Olympics believes that consistent training is indispensable to the development of an individual’s sports skills. In addition, competition among those of equal abilities is the most appropriate means of testing these skills, measuring progress, and providing incentives for personal growth.Solution
Joanne Engler, Vice President of Finance at Special Olympics Maryland, had long relied on Excel spreadsheets for the organization's budgeting needs. The manual processes were not only time-consuming but also challenging to manage across different departments. Seeking a more efficient, cost-effective solution, Joanne's team turned to Martus Solutions.
Integrating Martus Solutions into their financial management system marked a significant improvement. The platform provided a streamlined approach to budgeting that eliminated the cumbersome process associated with Excel.
One of Joanne’s favorite features is the individual worksheets that facilitate departmental budgeting. These worksheets, with filtering capabilities down to specific activities, simplified the entire budgeting process. In addition, integration with the General Ledger eliminated the risk of manual entry errors.
Results
The transition to Martus has positively impacted Special Olympics Maryland's internal operations.The budget process became less arduous, freeing program staff to focus on delivering their mission rather than getting bogged down in administrative tasks. This shift not only improved efficiency but also maximized resources allocated towards program development and participant engagement.
The ability to create a forecasting model using Martus that interfaced with the GL has been a game changer in driving informed decision-making within the organization. With accurate forecasting, financial analysis becomes more timely and adaptable to the changing needs of our Athletes and allows flexibility within our programs.
Martus Solutions emerged as a more efficient and effective option over other solutions considered by Special Olympics Maryland.
In summary, Martus Solutions has modernized Special Olympics Maryland’s financial management processes by offering user-friendly tools that streamline budgeting and forecasting tasks. This transformation allowed Joanne's team to focus on value added impact while benefiting from a cost-effective solution that alleviated administrative burdens.
