Frederick Community College (FCC) faced significant challenges with its legacy budgeting and forecasting processes. Its then current processes relied on a manual, time-consuming, fragmented Excel-based system involving numerous spreadsheets linked together. FCC was in search of a way to provide automated business processes, increased visibility into labor costs (representing about 80% of its expenses), audit/security capabilities, and consolidated data for daily, monthly, quarterly, and its annual Budget Book reporting needs.
Key Project Highlights:
- Time Savings: Reduced reporting cycle from weeks to minutes; instant updates reflected in budget books
- Improved Accuracy: Full audit trail for all changes; minimized risk of broken links and manual errors
- Enhanced Visibility: Real-time comparison of budgeted vs. actual payroll costs Positive Adoption: Strong client engagement and enthusiasm, including public recognition during a campus town hall