Customer Case Studies

www.sageintacct.com 300 Park Ave #1400 San Jose, CA 95110 877-437-7765 Copyright ©2019, Sage Intacct, Inc. All rights reserved. Sage Intacct is a registered trademark of Sage Intacct, Inc. A m e r i c A ' s O l d e s t m i l i t A r y s u p p O r t O r g A n i z A t i O n s A v e s $ 7 5 , 0 0 0 A n n u A l l y w i t h s A g e i n t A c c t increasing productivity and allowing local staff to focus on providing services to their constituents. In particular, Sage Intacct helped the organization streamline its accounts payables (A/P) process. Branches simply scan their invoices into the system, and the central finance team records them and prepares checks for local teams to print, sign, and deliver. The monthly close is also much less painful now that Brown can close entities with just a few clicks in Sage Intacct. Finally, the finance team lowered compliance risk by a aching all documentation in Sage Intacct, rather than keeping binders with all the journal entries for each branch. This saves around 20 hours during the annual audit, and was a factor in ASYMCA's clean audit and CharityWatch "A" rating this year. Results Increased Transparency Builds Trust and Improves Decision- Making By freeing the team up to spend more time on meaningful financial analysis and mission- focused operations, Sage Intacct enhanced the organization's decision-making abilities and created more transparency, which in turn built trust with internal stakeholders and donors. Kandel and Brown carefully review income statements, balance sheets, and program actuals versus budget with every single branch each month. This insight increases budget accuracy and helps the ASYMCA continuously optimize its programs, including respite childcare for military parents in need, summer camps for kids, and emergency assistance. With Sage Intacct, the finance team standardized all of the nonprofit's executive director dashboards, branch operations reports, and local board packages. "Our branch executive directors hugely appreciate having a real-time snapshot of where they stand financially, along with helpful year-over-year comparisons," shared Brown. "They look at their financials more o en now and are aware of their performance on a weekly or monthly basis, rather than just quarterly. Sage Intacct helps them stay accountable to everything they need to do–from program management and fundraising, to balancing budgets." ASYMCA also uses Sage Intacct's flexible dimensions to effortlessly track expenses associated with specific grants, and to separate temporary restricted from unrestricted revenue. This cuts report preparation time by 20 percent and ensures that the organization's leadership always knows their current grant revenue, how much is le on each grant, and whether they've fulfilled grant requirements. In addition, Brown combines financial information from Sage Intacct with program participant data in order to deliver metrics on program efficiency or any other specific data a funder requests. The big difference with Sage Intacct is that we have timely, accurate information so we can watch how individual cost centers are operating and make targeted decisions more quickly. Now we easily develop reports that help everyone understand what's needed to successfully support our mission of building resilience amongst military families. Don Kandel, CFO/ CAO, Armed Services YMCA

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