Framingham, MA – December 20, 2022 – Centage Corporation (www.centage.com), the leading provider of cloud FP&A solutions to SMB finance teams, announced today that Carroll County Memorial Hospital has adopted Planning Maestro to streamline and simplify the budgeting process. By moving beyond Excel, CCMH is now able to build their budget quickly, with more efficiency and accuracy, and with greater collaboration and support from budget contributors.
“I have used other budgeting software in the past and Planning Maestro is one of the most user-friendly ones out there,” said Leslie Delaney, CFO, Carroll County Memorial Hospital
Carroll County Memorial Hospital is a 25 bed Critical Access Hospital with over 250 employees located in Carrollton, Missouri. CCMH provides emergency services, diagnostic services, day surgeries, outpatient specialty clinics, rehabilitation services, family care, cancer care and much more.
One of the biggest benefits of Planning Maestro for CCMH is that it offers intuitive automation out of the box which streamlines the collaboration process, enabling users to work together on the upcoming year’s budgeting process. According to Ms. Delaney, the solution does the ‘back-end work for you’ so you are ahead of the game and can easily build the next year’s budget and involve the necessary contributors.
In addition, because of the solution’s seamless integration with Dynamics GP, Planning Maestro operates as an extension of their GL, pulling in actuals data allowing CCMH to monitor and analyze their budget vs. actuals whenever they need, something they couldn’t do before. Before, each month they would do a trial balance upload which was a time-consuming process.
Not only does the Finance team at CCMH find Planning Maestro easy to use but they also have strong support and ownership from the patient care area directors because they are able to contribute, review and maintain their individual department budget numbers and compare them to their actuals throughout the year, providing more accurate insight into financial health and performance.
“Because the solution is so easy to use, we have a lot of ownership from the directors. They can easily go in review and really own their own budget numbers,” said Ms. Delaney.
Ms. Delaney also noted that being able to easily view one piece of the budget at a time – whether it’s drilling into revenue or drivers or expenses – helps make it not so overwhelming to review, especially for non-finance users like the patient care directors.
“Carroll County Memorial Hospital, like many healthcare organizations, has a complex budgeting process that is a perfect fit for Planning Maestro,” says Scott Jennings, chief revenue officer at Centage. “As an organization they have moved beyond the cumbersome nature of Excel to embrace the powerful, yet easy to use capabilities of our modern FP&A platform. Very quickly they were able to see value through a simplified budgeting process and greater collaboration across the organization which provides them with the insight into business performance they need to support strategic decision-making.”
Centage’s Planning Maestro is a modern cloud platform that empowers finance teams to lead the way to a stronger, more agile business by making sophisticated budgeting, planning, and forecasting easy and accessible. Intuitive automation accelerates workflows and improves accuracy, enabling Finance leaders to deliver reliable information and meaningful insights at the speed of business—without straining their resources. Centage gives Finance professionals the tools needed to thrive in today’s dynamic economy, backed by a team committed to their success.
To learn more about how CCMH is using Planning Maestro, read their full case study.
Centage is a leading provider of modern FP&A software solutions that empower Finance teams to lead the way to a stronger, more agile business. Our cloud platform, Planning Maestro, makes sophisticated budgeting, planning, and forecasting easy and accessible. Intuitive automation accelerates workflows and improves accuracy, enabling Finance leaders to deliver reliable information and meaningful insights at the speed of today’s business. Centage serves over 10,000 users worldwide. Visit Centage.com, follow on LinkedIn, or visit the Centage Blog for the latest insights.