“Euna Budget Professional’s customer service and responsiveness are excellent.”
— Kelly Greunke, Manager of Budget Operations, City and County of Denver
Nestled against the backdrop of the Rocky Mountains, Denver, Colorado, known as “the Mile High City,” stands exactly 5,280 feet above sea level. With a growing population of over 682,500, Denver is one of the fastest-growing major cities in the U.S.
The City and County of Denver develop and manage their budgets through the Budget and Management Office (BMO), with the mission of balancing financial responsibility while driving operational efficiency and effectiveness. Denver needed a flexible, comprehensive budgeting solution that also provided robust analytics to meet the demands of a growing city.
Needs
Denver’s budgeting process was labor-intensive and outdated. Budget development began each April, using the previous year’s data with pre-approved changes. However, the system lacked flexibility, and creating budget scenarios was time-consuming. Forecasting capabilities were limited, and the old system didn’t offer the robust analytics that Denver needed to balance the needs of its rapidly growing population. The city sought a new solution that would streamline processes, enhance forecasting, and integrate with their existing ERP system.
Solution
The City and County of Denver issued an RFP for a comprehensive budget reporting and analysis solution, and Euna Budget Professional was awarded the contract. Denver implemented Euna Budget Professional’s Operating, Personnel, and Capital Budgeting modules. While the solutions didn’t change the type of information collected, it transformed how the budget process was managed. Submissions, reviews, and approvals became far more streamlined, and data visibility improved significantly, aligning seamlessly with Denver’s existing processes.
Benefits
All-In-One Budgeting Platform
Euna Budget Professional consolidated all of Denver’s budgeting processes into a single, integrated system. This eliminated the need for paper-based processes and spreadsheets, streamlining data entry, review, and approval workflows. The City now has greater control over its budget data, improving accuracy and reducing the time spent on manual data handling.
Real-Time Integration with ERP
By integrating seamlessly with Denver’s Workday financial system, Euna Budget Professional provides real-time access to budget actuals. This allows Denver’s Budget and Management Office (BMO) to make more informed decisions based on up-to-date financial data, helping ensure a balanced and responsible budget.
Flexible and Scalable Solution
Euna Budget Professional’s flexible design adapts to Denver’s evolving needs. The solution’s scalability allows the City to handle its current budgeting processes and adjust easily as the City continues to grow. Custom rules and workflows enable departments to tailor the solution to their specific requirements, ensuring efficiency and accuracy.
Scenario-Based Budgeting and Forecasting
With Euna Budget Professional, Denver can easily conduct scenario-based budgeting and long-term forecasting. The platform allows the City to run multiple “what-if” scenarios on salaries, benefits, and other key costs, providing greater visibility into the financial impact of various decisions and helping to ensure responsible budget planning.
Robust Reporting and Analytics
Euna Budget Professional provides powerful reporting capabilities. Denver’s BMO and department managers can access a wide range of customized reports, including revenue comparisons, personnel costs, and financial summaries, which offer insights into the City’s budget performance. Additionally, dashboards provide a clear overview of budget variances and trends, helping to improve financial transparency and accountability.
Ease of Use
Denver’s staff have found Euna Budget Professional to be intuitive and user-friendly. The platform’s design simplifies the budgeting process, from data entry to final approval. Features like budget rollover save time and reduce errors, allowing City staff to focus on more strategic activities.
Ready to Transform Your Budgeting Process?
Euna Budget Professional has helped Denver modernize its budgeting, forecasting, and reporting with a scalable and easy-to-use solution. If your organization is looking for a flexible, integrated budget system to drive operational efficiency and financial clarity, request a demo today to learn how Euna Budget Professional can work for you.
