Customer Case Studies

© 2019 Sage Intacct, Inc. All rights reserved. www.sageintacct.com 877-437-7765 Company Overview Yerba Buena Center for the Arts (YBCA) is one of the nation's most innovative contemporary arts centers. Founded in 1993, YBCA's mission is to generate culture that moves people through year-round performing arts, visual arts, and civic engagement programming. Executive Summary Previous So ware: • Blackbaud Financial Edge Results with Sage Intacct: • Slashed monthly close by >60% • Improved budget accuracy by 30% • Boosted productivity 25% • Saved $30,000 in personnel costs Challenges Establishing Financial Transparency to Ensure Mission Oversight San Francisco's premier performing arts center, Yerba Buena Center for the Arts (YBCA), runs a nonprofit facility that hosts its own cultural programming and offers discounted community rentals for local theaters and artists, as well as commercial rentals. To cover its operating expenses, the organization supplements rental fee income from meetings, conferences, and other special events with city grants and donations. A few years ago, YBCA embarked on a quest to streamline its business systems, move to the cloud, and establish be er financial visibility and accountability. The finance team started by looking for a modern financial management solution to replace its legacy Blackbaud Financial Edge so ware. They wanted to eliminate manual, duplicate data entry and Excel workarounds by deploying an easy-to-access platform that could fully integrate with other applications and bring all of the center's functions together on the same page. "We considered Oracle NetSuite and others, but found Sage Intacct's robust, cloud-based solution to be the best fit for both where we were at, and where we want to go as an organization," remembered Chris Safford, finance director at YBCA. "We especially liked how Sage Intacct provides understandable reports with visual impact, so people who aren't in finance can track how we're doing against our mission of generating culture that spurs and supports societal movement." By adopting the new system, the center improved finance productivity by 25%, saved $30,000 in personnel costs, increased budget accuracy by 30%, and gained timely insights to help make crucial programming decisions. Solutions Automation Drives 25% More Efficiency and a 60% Faster Close A er implementing Sage Intacct, YBCA sped up all of its financial processes – including accounts payable, deposits, accounts receivable, budgeting, and reporting. The finance team avoided $30,000 in temp costs and an additional full-time employee, and now has 25% more time to focus on strategic work. Most of this efficiency comes from Sage Intacct's seamless integration with systems like Adaptive Insights for budgeting and planning, and Nexonia for expense management, as well as simple uploads from the organization's program management and billing tools. Bringing Financial Science to the Arts Via 30% More Accurate Program Visibility Yerba Buena Center for the Arts C A S E S T U D Y

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