Partner Profile: Centage
Thursday, August 24, 2017Lauren Macdonald
Any successful business owner knows that budgeting is a major key to success! Our latest partner, Centage, offers a platform that allows budget owners to work together and deliver accurate, forward-looking balance sheet and cash flow statements. Their budgeting solution has been critical to the expansion and growth of businesses worldwide.
We recently chatted with the channel team at Centage to learn more about their company and about budgeting in general. Here’s what we discovered:
What is your primary focus/specialty, and why?
Budget Maestro® by Centage is an easy-to-use, scalable, cloud-based budgeting and forecasting solution designed to meet the unique requirements of mid-market companies.
In 2001, Centage Corporation was formed to address a huge demand in the market place for automated budgeting tools – 80% of customers used Excel for budgeting, but Excel was and still is an antiquated and error prone tool. Often, financial professionals try to fit budgeting applications into Excel, but it re- quires manual intervention to make changes to the budget model, which is time consuming and often difficult to do.
The founders took a traditional approach by interviewing people responsible for budgeting in various organizations and asked them what they would like to have in a budgeting system. Rather than figuring out a way to improve the Excel paradigm that existed, they built an intelligent purpose-built budgeting platform to automate the creation and maintenance of a budget model.
How long have you been doing what you’re doing?
What region(s) do you service?
Budget Maestro serves more than 9,000 users worldwide.
Who are some of your notable clients?
Brandeis University, DANNON, King’s Hawaiian, Century Casinos, EPSON, Goodwill, Nutrisystem, Mighty Leaf Tea, Wagner Asia
Tell us something interesting about your company that makes you different?
Budget Maestro is the first solution to fully support the emerging “Smart Budgets” standard – a new approach to using technology to automate and manage the financial health of the organization. By leveraging an intelligent budget model that can re-program itself when things change, Budget Maestro ensures the financial team can spend time focusing on the numbers that drive the business, rather than programming the model. In addition, the common pitfalls associated with spreadsheet budgeting – error prone reports, time consuming processes and inaccurate projections – are eliminated as well as the complex programming requirements of legacy tools. By redefining how finance professionals budget and plan, the unique capabilities of Budget Maestro can deliver Smart Budgets effectively, further empowering financial professionals with immediate productivity gains, confidence in their projections and greater insight into their financial operations all year long.
Budget Maestro truly redefines budgeting technology, in that it automates the creation and maintenance of budget models by deploying built-in financial intelligence and rules to self-program and self-maintain them. As a result, financial professionals can define and create complete and accurate budget models in a matter of days, and adjust the model structure nearly instantaneously, allowing them the freedom to focus on the numbers that drive the business, rather than programming the model.
Why did you choose to work with eBridge Connections?
We see eBridge as a natural partner based on several similarities in our business platform, target market, and overall mindset. We hope to offer both our client bases and new clients’ alike platforms that will better improve their business processes.
Provide a favourite quote on eCommerce, digital marketing, or just what you do overall.
Budget Maestro – it’s Budgeting. Redefined.
Interested in learning more about budgeting and forecasting options from Centage?
Visit www.centage.com or take a tour of Budget Maestro.