Customer Case Studies

Customer Profile Case Study: IslandWood | 1 Executive Summary Previous Solution: • Blackbaud Financial Edge / QuickBooks Results with Sage Intacct: • Eliminated over 360 manual person-hours annually • Shortened monthly close by 2 days • Gained real-time visibility into programs, donors, funds, fund types, and grants Not only has Sage Intacct saved us several days of cobbling together spreadsheets each month, it has allowed us to keep up with increasing complexity without additional headcount. If we didn't have Sage Intacct, we would have needed at least another half-time resource at around $15,000 per year – not an insignificant cost for a nonprofit like us. –Jennifer Sharp, Senior Accounting Manager, IslandWood Readying for Increasing Complexities IslandWood is a nationally recognized outdoor learning center that connects thousands of children and adults to the natural world. A er years of growth, this educational nonprofit decided to shi its business systems to 100% cloud-based so ware to handle its ongoing expansion. It looked for a best-in-class cloud financial management application that could easily interface with its Salesforce CRM and manage the organization's growing financial complexities across a broader range of donors, grants, and programs. Previously, IslandWood was using a hodgepodge of different systems that it manually merged together each month, and its finance team relied heavily on Excel spreadsheets. For example, they entered all school and customer invoices into QuickBooks, and then had to wait until the end of the month to put summary entries into Blackbaud Financial Edge, a nonprofit-focused accounting system. As a result, the organization wasn't able to monitor its income streams, expenses, or cash balances in real time. "A er completing our evalution of potential new accounting systems, we chose Sage Intacct because it delivered everything we needed to efficiently run our organization in a reliable, easy to access, web-based solution," said Jennifer Sharp, senior accounting manager at IslandWood. Eliminating Several Days of Duplicate Data Entry Each Month IslandWood replaced its previous systems with Sage Intacct's modern financial applications, significantly increasing the organization's day-to-day productivity. Sage Intacct automates financial processes such as invoicing, accounts receivables, credit card reconciliation, accounts payables, and reporting – reducing the time it takes the finance team to consolidate and close the books by at least two days each month. As a result of the seamless integration between Sage Intacct and Salesforce, IslandWood also has streamlined its entire sales cycle from quotes, to invoices, to payment processing. The tight connection between these two best-in-class systems eliminates manual data re-entry and gives each member of IslandWood's sales and finance teams a consistent, real-time view of the donation tracking information they need – where and when they need it.

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