Case Study: The Kenneth Rainin Foundation streamlines budgeting and improves forecasting with Martus Solutions

The Kenneth Rainin Foundation transforms budgeting in 6 months with Martus Solutions

The Kenneth Rainin Foundation, a nonprofit dedicated to supporting arts, literacy, and biomedical research, faced significant budgeting challenges due to its reliance on fragmented and error-prone spreadsheets. Their process was inefficient, prevented real-time access to financial data for department managers, and lacked any capability for mid-year reforecasting. They sought a solution from vendor Martus Solutions to move beyond this cumbersome system.

Martus implemented its intuitive budgeting solution, which featured a bi-directional integration with Sage Intacct. This provided department managers with secure, user-friendly access to manage their budgets and view real-time reports. The results for the Foundation included enhanced accuracy, a reduced administrative burden, and empowered managers who could now make informed, proactive decisions using live data. Martus fundamentally streamlined their processes, allowing the organization to better direct its resources toward its mission.

The Kenneth Rainin Foundation