Case Study: M3 Midstream achieves faster, more accurate cash flow forecasting with Centage

M3 Midstream cuts annual budget time in half with Centage

M3 Midstream, an independent midstream energy company, faced challenges with inefficient and error-prone budgeting and forecasting using manual spreadsheets as its complex operations grew. To gain detailed cash flow forecasting and agile planning capabilities, the company turned to the vendor Centage and its FP&A software solution.

Centage implemented a driver-based budgeting and forecasting solution that automated their processes and enabled real-time modeling. This allowed M3 Midstream to create annual budgets twice as fast, reduce a 2-3 day modeling process for major projects to just hours, and empower managers with immediate visibility into the financial impact of strategic decisions, positively affecting the bottom line.

M3 Midstream