Streamlined Financial Management at Destinations International
Industry
Tourism/Entertainment
Challenge
Destinations International needed a streamlined financial management solution that integrated with Intacct, enabled manager involvement in budgeting, and reduced time spent on spreadsheet management.
Results
With Martus Solutions, Destinations International achieved a 2x increase in decision-making speed, 33% time savings, and $25,000 in annual cost savings. The platform’s self-serve reporting and personnel budgeting features empowered managers to create transparent, document-supported budgets, transforming financial processes and freeing the team for strategic planning.
Accounting Software
Sage Intacct
Martus is very user friendly and users quickly learn how to input data, attach key documents and run their own reports.
Becky Heath
Vice President of Finance, Destinations International
About Destinations International
Destinations International is the world’s largest resource for official destination organizations, convention and visitors bureaus (CVBs), and tourism boards. Their mission is to inform, connect, inspire, and educate members to drive destination economic impact, job creation, community sustainability, and quality of life through travel.The Solution
When Becky Heath, the Finance Director at Destinations International, was tasked with enhancing their financial planning and reporting, she turned to Martus Solutions. The platform was not only a match for their needs but exceeded expectations by seamlessly integrating into the company's existing systems.
One of the standout features for Becky and her team was the platform's automatic integration with Intacct, which significantly streamlined their financial processes. The personnel budgeting and allocation features provided much-needed efficiency, and the self-serve nature of reporting meant that managers could be more hands-on with budget creation. These features have allowed staff to attach supporting documents directly within reports - a function that promotes transparency and accountability throughout the organization.
There's been an uptick in efficiency since switching over to Martus Solutions' platform: The team now spends less time managing spreadsheets and more on strategic financial decision-making.
The Results
Managers now actively participate in budget creation from start to finish. Additionally, reporting has transitioned to a self-service model with ease of access to supporting documentation through intuitive hyperlinks within the system.
This ease of use inspired rapid adoption across her team; they were delighted to find out how effortlessly they could input data and produce timely reports that kept everyone informed. Moreover, she appreciates how secure and cost-effective Martus has proven itself to be compared to other solutions considered in the past.
Martus Solutions has offered a blend of cost savings, user-friendliness, solid Intacct integration—elements crucial for fiscal management—and its impact echoes through every level of Becky's organization at Destinations International thereby cementing its role as an invaluable tool in modern budgeting and forecasting practices within the tourism industry.