Case Study: M/I Homes achieves error-free, streamlined budgeting with Budgyt

M/I Homes, Inc revises budgets in minutes with Budgyt

M/I Homes, Inc, a home building and mortgage lending company, faced significant challenges with a complex and error-prone spreadsheet system for budgeting. Their SVP of Corporate Operations, Pat Begg, needed a solution to manage multiple P&L statements efficiently, allow secure contributor access, and integrate with their JD Edwards accounting software. The company turned to Budgyt for a streamlined budgeting tool to replace their labor-intensive process.

Budgyt rebuilt M/I Homes' chart of accounts and P&L formulas within its platform, separating formulas from data entry to eliminate errors. The solution enabled easy import from and export to JD Edwards, and provided secure user permissions for the team. As a result, Pat can now revise budgets in minutes for different scenarios, enjoys an error-free system that meets corporate reporting needs, and no longer stresses about the complicated budget process thanks to Budgyt's accurate, reliable formulas.

M/I Homes, Inc