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. 3 0 % B o o s t i n F i n a n c e P r o d u c t i v i t y s u P P o r t s s u s t a i n a B l e e x P a n s i o n The finance team also integrated Sage Intacct with Yooz for accounts payable automation, Concur for travel management, FloQast for monthly close tracking, BNA for fixed assets, Fastpath for internal control enhancements, US Bank for cash deposits & reconcilement, and Alteryx for Excel data analytics workflows. Streamlined processes across this best-in-class technology stack accelerated the financial close cycle 40%, saving UHH more than $300,000 each year on finance salaries and benefits, and creating positive ripple effects of greater productivity for everyone across the organization who touches finance. "By seamlessly connecting all these applications, we've gained bandwidth to scale without having to request more headcount," shared Schmidt. "Whereas before, I could only spend around 10% of my time on strategic planning or process enhancements, I can now reallocate my time to projects closer to 50%. We've also improved team morale because people no longer spend their time on mundane tasks, and enjoy the flexibility of working from anywhere due to cloud based systems." Results Intuitive Financial Dashboards Deliver Vital Insight Because it used to be incredibly time consuming for the UHH finance team to compile, format, and deliver reports to stakeholders across the Fund every month, decision-makers were o en working with data that was several weeks old. Now, with dozens of custom dashboards set up in Sage Intacct, any manager can check their department's financials and drill down to individual transactions to make informed decisions in real time. Sage Intacct captures the business context of these transactions, so leadership can filter and analyze business performance by various dimensions. For example, the organization can track eligibility rates and cost per member for the first time, and easily view monthly income statements for each independent plan unit, department, location, or project. "At UHH, we want to achieve smart growth, and it's critical for regional directors to ensure the money coming in for their plan unit is enough to pay for all the costs going out," said Schmidt. "Sage Intacct gives them the visibility they need to be er predict a plan's surplus or deficit to determine if higher contribution rates are required or a reduction in benefits are in order. All plan units are reported each month with their level of surplus or deficit. In addition, the team can customize reports in whatever ways trustees want, and present actual income and expenses in Sage Intacct alongside budgeted figures from Adaptive Insights. "With our previous system, my staff would have to spend about 30 days each year reconciling differences to figure out accurate numbers for reporting or ad hoc trustee questions," remembers Schmidt. "Now, we hit a bu on in Sage Intacct and it's done, which means that reports go out to our trustees much faster, and they appreciate the greater transparency." Sage Intacct's rich reporting and automation save our team more than $300,000 in headcount annually and help us scale efficiently with the business. By pu ing the cloud financial management so ware at the heart of our best-in-class ecosystem, we're seeing tremendous ROI and ge ing back weeks of productivity every year. Bryan Schmidt, Controller, UHH

• Cover