Customer Case Studies

© 2018 Sage Intacct, Inc. All rights reserved. www.sageintacct.com 877-437-7765 Finding a Flexible, Cloud Accounting System Grace Fellowship Church C A S E S T U D Y Company Overview Grace Fellowship Church was founded 30 years ago by four couples dreaming of a new kind of church. Over the years, Grace Fellowship has grown significantly into a multi-campus church serving thousands of members in Maryland. Executive Summary Previous So ware: • ACS Financial Suite Results with Sage Intacct: • Eliminated over 1,000 hours of administrative work every year • Minimized finance staffing to save over $22,000 annually • Easily track, manage and report on multiple funds, proj- ects and statistical indicators Challenges Finding a Flexible, Cloud Accounting System Grace Fellowship Church is a 1600-member multi-campus church in Maryland with $3.6 million in annual contributions. Its administrative office handles accounting for the organization's individual campuses, as well as early stage nonprofit startups such as mission ministries and other faith-based groups. The church's finance team provides financial fiduciary support as these new organizations get off the ground – managing their fund accounting, contributions, and payroll until they obtain 501(c)(3) tax-exempt status. Previously, Grace Fellowship used ACS Financial Suite, an on-premises church financial management solution, to support these processes. However, the rigid system made it difficult for the organization to produce the reports it needed, or to provide on-demand visibility to key stakeholders. In addition, ACS necessitated time-consuming manual data entry because it didn't allow finance users to copy journal entries, set up recurring entries, or import data from other systems. As the church expanded, it looked for a new financial system that would streamline fund accounting and activity-based budgeting, as well as offer real-time financial performance insight. "As a nonprofit, we don't have the luxury of a large staff or IT budget, and we needed a financial system that would be less cumbersome to use and maintain," said Stacie Porter, director of finance, Grace Fellowship Church. "We knew cloud computing could lower our IT costs, and we and evaluated both NetSuite and Intacct as possible replacements for ACS. We found Intacct to be superior for its depth of functionality, support for fund accounting, and overall flexibility, and automation capabilities." Solutions Streamlined Financial Processes Save Both Time and Money With Intacct, Grace Fellowship Church increased operational efficiencies by replacing several manual financial processes with automated workflows. Intacct helps the church be er manage its own fund accounting, payroll, accounts payables, contributions, and activity-based budgeting, as well as all accounting processes for the smaller organizations it sponsors.

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