“Our staff doesn’t miss using Excel spreadsheets; the process within Euna Budget Professional is incredibly easy. Users find the system intuitive and appreciate being able to see exactly how changes impact the budget. Using Euna Budget Professional alongside Balancing Act has been a great enhancement, helping people better understand our budget by providing all key information in one place.”
— Sylvia Ramirez, Associate Vice President, Budget & Management
Founded in 1912, Madison Area Technical College (Madison College) is a public technical and community college based in Madison, Wisconsin. With a student population of over 38,000, the college offers 175 associate degrees, technical diploma programs, trade apprenticeships, and various career training programs. Madison College is deeply integrated with the local business community, offering students pathways to employment, and boasts an impressive track record—93% of its graduates secure jobs within six months of graduation. Managing an annual operating budget of over $317 million, the college plays a critical role in providing accessible, quality education to students from all walks of life.
Needs
Madison College needed a more streamlined and efficient budgeting process to replace cumbersome Excel spreadsheets and provide real-time access to accurate data for better decision-making.
Solution
Madison College selected Euna Budget Professional, implementing the Operating, Capital, Personnel, and Performance modules to enhance its budgeting process. The system now supports over 80 non-financial staff in managing budgets efficiently. Users found Euna Budget Professional intuitive, making it easier to manage their operating, capital, and personnel budgets.
Key Benefits
Streamlined Budgeting Process
Euna Budget Professional improved the budgeting process by eliminating manual spreadsheets and providing a single point of data entry. The system supports real-time updates, multi-year budgeting, scenario planning, and detailed reporting, ensuring accuracy and saving time.
Enhanced Operating and Capital Budget Functionality
Euna Budget Professional integrates with Workday, allowing the finance team to import actuals seamlessly every week. For capital projects, tracking milestones and reviewing budgets is now much easier, with all relevant data stored in one location.
Advanced Scenario Planning
The system allows Madison College to create unlimited what-if scenarios, helping departments model the impacts of changes in enrollment, funding, and staffing. This planning capability helps managers make more informed budget decisions.
Stakeholder Engagement via Balancing Act
By using the Balancing Act, Madison College can engage stakeholders—including staff, students, and the community—by allowing them to interact with the budget and explore how financial changes affect programs and services. This fosters a greater understanding of the college’s financial decisions.
Euna Budget Professional has helped Madison Area Technical College significantly streamline its budgeting process, making it more efficient and accurate. With advanced planning tools and stakeholder engagement features, the college can make informed financial decisions, supporting its mission to provide accessible, quality education and career training.
Interested in Learning More?
If you’re looking to achieve similar success in streamlining your budgeting process, improving transparency, and engaging stakeholders, we’d love to help. Request a demo today to learn more about how Euna Budget Professional can transform your financial management processes and deliver the same results for your organization.
