Revolutionizing Financial Management at Apartment Life with Martus Solutions

The Challenge

Before Martus, Apartment Life managed its budgeting and forecasting entirely through spreadsheets. Each divisional leader submitted their own numbers, which Diana Lovett, the organization's Controller, then had to manually compile into a single budget. The process was slow and heavily manual, which left significant room for error at every stage of consolidation.

The Solution

Apartment Life has now been using Martus for budgeting and forecasting for about three years. The platform replaced the organization's manual, spreadsheet-based process with automated rollups and self-service reporting for its divisional leaders.

• Automatic rollups eliminated the manual compilation work Diana previously handled by hand
• Custom reports give users everything they need in one place
• Real-time actual-vs-budget data is accessible to divisional leaders without needing help from the finance team
• Seamless integration with Apartment Life's existing financial systems

Results

Diana has witnessed a significant transformation in their financial management processes since implementing Martus: a meaningful shift in how her team and divisional leaders operate day to day, with less manual work and faster access to the data they need to make decisions.

• Saves at least 80 hours during the budgeting cycle
• Moved users off their previous accounting system onto Martus, saving approximately $100 per user
• Divisional leaders can view actual-vs-budget data in real time with one click, without needing assistance from the finance team

Adopting Martus has helped Apartment Life revolutionize their approach to budgeting and forecasting by delivering intuitive tools that save time, minimize errors, promote real-time data access, streamline processes through automatic integrations, reduce costs per user drastically—all while offering robust customization options catered to their specific needs.