Customer Case Studies

© 2018 Sage Intacct, Inc. All rights reserved. www.sageintacct.com 877-437-7765 Challenges Cultivating Business-Minded Accountability at a 100-year-old Nonprofit The Association of College Unions International (ACUI) is a nonprofit educational organization that supports thousands of campus community builders at over 500 schools around the world. The association enriches student unions through education, advocacy, and services. In recent years, many nonprofits like ACUI have been increasing the business rigor across their operations by more proactively addressing programs that fail to hit sales goals or other KPIs. To promote this mindset, the organization's finance team wanted be er visibility into costs, profitability, and budget variance than it could get with its existing on-premises accounting system. ACUI went in search of a cloud-based solution with a modern interface and the right consulting partner for ongoing support. Dave Teske, director of finance and administration at ACUI, shared, "Sage Intacct's reputation of success with other associations, its flexible chart of accounts, and its seamless integration capabilities set it apart from the other vendors we looked at. We also chose Maner Costerisan as our implementation partner, and have been extremely satisfied with their understanding of our industry, and their valuable insights that help us adapt our thinking." Solutions Productivity Gains Ensure Rapid So ware Payback A full-service public accounting and business advisory firm, Sage Intacct partner Maner Costeri- san helped ACUI import its financial data, get up and running on Sage Intacct, and integrate the system with Nexonia's expense management add-on in under ten weeks. As a result, the associa- tion greatly improved its accounts receivables process, and is now able to accept ACH payments for dues and other revenue sources—a convenience they weren't able to offer to members before moving to Sage Intacct. This saves the finance team a lot of time they previously spent manually processing payments and check reconciliations. In addition, by eliminating old paper-based workflows for accounts payable approvals and bank reconciliations, they save several more hours each month that they can shi to other important projects. Sage Intacct's automated A/P workflows provide more transparency into where each expense is in the procure-to-pay cycle, and ensure that transactions are applied to the correct vendors, employees, projects, and departments. Company Overview Founded in 1914, the Association of College Unions International (ACUI) is a nonprofit educational organization that brings together college union and student activities professionals from hundreds of schools in seven countries. ACUI enriches them all through education, advocacy, and the delivery of services that enhance campus communities. Executive Summary Results with Sage Intacct: • <6-month so ware payback based on business value alone • Automated several manual workflows to increase efficiency by 35% • Shortened bank reconcilia- tions from 5 hours to 5 minutes • Cut audit preparation time in half Cultivating Business-Minded Accountability at a 100-year-old Nonprofit ACUI C A S E S T U D Y

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