Benefits
By moving to Planning Maestro, The Wildlife Gallery has cut their annual budgeting process in half. “My budgeting process is now about a month-long, maybe less – so it’s a pretty significant time savings.” Mr. Walters notes that when he goes into the budget year after year the model is there and it’s easy to go in and update for the coming year.
Planning Maestro also integrates seamlessly with NetSuite, their current ERP solution, automatically and securely bringing in GL data to create the annual budget which eliminates he potential for data entryerrors and duplicated information. With just a few clicks, The Wildlife Gallery imports their Chart of Accounts and structures into Planning Maestro which ensures that all accounts are accurately reflected.
In addition, Mr. Walters has found Planning Maestro to be especially helpful when it comes to personnel planning in their annual budget as it’s an area of the business that requires a lot of detail – from employee’s salary and taxes to benefits.
“As far as personnel goes, it’s really easy to go in and update changes in pay rates, tax withholdings – it’s all pretty simple.”
“Using Planning Maestro as a budgeting tool has been the biggest deal for me – it has just cut down so much on the time I spend building our annual budget because everything is of automated and the formulas are built – and everything carries over year to year. It’s a phenomenal tool for budgeting.”