Speaker: Rachael Kish, Senior Vice President, Ops, Asset Living
Rachael Kish: Budgeting prior to the Vizibly platform was more painful. Spreadsheets, things would break, get lost, different versions, all the chaos we're all familiar with, but visibly changed all of that.
How would you describe Vizibly in three words?
Rachael Kish: I'm Rachel Kish, senior vice president of operations with Asset Living. I'm thrilled with our new budgeting super tool, which is quickly becoming our superpower. Through Bryant and his team at Vizibly, we found actionable data and improved efficiencies in our budget process. The system is integrated, intuitive, simple, while also being very sophisticated. The budget package we deliver to the clients is best in class, and the platform for back and forth edits with the clients is streamlined and saved within the system for archiving and later review. My team and I are so pleased to be headed into our 2nd budget season with Visibly. If you're not interested in improving your budget process and results, walk away now.
What was budgeting like before and after Vizibly?
Rachael Kish: Budgeting prior to the Vizibly platform was more painful. Spreadsheets, things would break, get lost, different versions, all the chaos we're all familiar with, but visibly changed all of that. One streamlined platform, intuitive, easy to use, very trackable, nothing breaks, great support. Totally different process. The teams love it, and we've found great support with Bryant and his team.
How would you describe the difference that budgeting in Vizibly made for you?
Rachael Kish: One of the profound differences between using Vizibly and the more antiquated Excel spreadsheet solution is we can hold off on our budget boot camps a little bit longer. Based on our first year with Vizibly, we discovered that our managers spent 9.5 hours on their budgets. Whether they did that in 3 days or 3 months, the average spend was 9.5 hours. Understanding the platform, having used it for 1 year and knowing that managers spend approximately 9.5 hours, we were able to push our budget boot camps into Q4, making our forecasts for that given year much more accurate, having 3 full quarters of actual data. Because of that, we anticipate much more accurate and articulate budgets than we've been able to previously provide, having to reforecast 6 months of the year.
Is there a feature in Vizibly that stands out as something you wish you could share with others?
Rachael Kish: One of the most standout features I'd like to share with you about the Vizibly platform is the budget delivery package. It is so elegant. It's like nothing I've seen before. It's really best in class when I talk about or think about creating a better client experience. We're very, very pleased with that output and then the back and forth dialogue that can occur through that budget deliverable package.