“The best part of Budgyt is how easily formulas and other rules can be managed, used, and modified between budget years."
Patt Begg, SVP
Better budgets, for better homes
Industry: Mortgage Lending & Home Construction
Admin Role: SVP, Corporate Operations
Location: United States
Users: 30
P&L’s: 35
Accounting Software:
JD Edwards
When Pat Begg joined home building company M/I Homes, he inherited a complicated spreadsheet system riddled with formula and linking errors. His predecessor had built clunky budget templates that made it difficult for Pat to manage multiple P&L statements and budgets with both local and regional managers.
When Pat Begg joined home building company M/I Homes, he inherited a complicated spreadsheet system riddled with formula and linking errors. His predecessor had built clunky budget templates that made it difficult for Pat to manage multiple P&L statements and budgets with both local and regional managers.
Pat needed a budgeting tool that could replace his predecessor’s labor-intensive process.
He wanted to give his contributors access to (only) the budgeting data they needed to see, and he also needed an automated system to quickly export budgeting data into JD Edwards for internal reporting needs.
Pat was looking for a tool that could empower his managers to contribute to the budget, streamline his reporting, and save time in the budgeting process.
He wanted to give his contributors access to (only) the budgeting data they needed to see, and he also needed an automated system to quickly export budgeting data into JD Edwards for internal reporting needs.
Pat was looking for a tool that could empower his managers to contribute to the budget, streamline his reporting, and save time in the budgeting process.
“The best part of Budgyt is how easily formulas and other rules can be managed, used, and modified between budget years."
We took Pat’s clunky budget templates and re-built his chart of accounts and P&L formulas in Budgyt. Formulas were built away from the dashboard so he could manage them separately from data entry. This way, he and his users could input data in a single, intuitive entry point without ever having to worry about a formula error.
To make his internal reporting much easier, we gave Pat the power to convert his JD Edwards data into an importable file for Budgyt, and through Budgyt’s export budget feature he also could instantly create importable data files for his accounting team.
With Budgyt, Pat could finally empower his users to access their cost centers to give him the help he needed. We created secure user IDs for Pat and his team, and set secure user permissions to ensure data integrity and confidentiality of sensitive information.
Pat can create a revised budget in minutes and adjust inputs quickly to play with different scenarios.
He has an error-free solution that meets the needs of his parent company that wants the budget in an importable format.
He no longer has to stress over the complicated budget process he had. His formulas are always accurate and cannot be broken.
See how CFOs and finance teams ditched Excel chaos for bulletproof budgets and slept easier, every night.
You manage millions of dollars. You make decisions affecting dozens of employees. You report to boards with fiduciary responsibility.
