Customer Case Studies

© 2018 Sage Intacct, Inc. All rights reserved. www.sageintacct.com 877-437-7765 Challenges Creating a Financial Structure to Scale Children's Hunger Fund (CHF) has provided resources for suffering children and families through local church communities over the past 25 years. The nonprofit organization recently added new regional offices and launched the CHF Legacy Foundation. As its operations grew in volume and complexity around the world, CHF implemented Salesforce and decided to upgrade from Quick- Books to a more sophisticated financial management solution. Roger Bayramian, CHF's controller, shared, "We became overly reliant on massive Excel spread- sheets and struggled with fragmented, inaccurate information and inefficient, manual data entry and reporting. As we expanded, all of these issues started to bubble up and we knew we needed a system that could scale with us in the long term." Christopher Sue, CFO at CHF, added, "We looked at Oracle NetSuite, but ultimately chose Sage Intacct for its seamless integration with other business systems and its ability to slice and dice our financial data in so many ways – both at a high level and from the bo om up." The organization worked with Sage Intacct partner Armanino LLP to manage its transition to Sage Intacct, prepare custom financial reports, and integrate the system with Nexonia for time and expenses and MartusTools for budgeting. Solutions Flexible Reporting Drives Transparency for Donors Sage Intacct provides powerful multi-dimensional reporting capabilities that track CHF's opera- tional and financial metrics by key business drivers. The so ware allows users to tag transactions with details such as specific projects, regions, grants, or departments, and then filter, group, and organize the data for more granular reporting. "Thanks to the dimensional insight we have in Sage Intacct, we can be very strategic in the way we use our grants. Most importantly, we are more transparent with our donors, providing information about where their money goes and how quickly we apply those funds," said Sue. Bayramian elaborated, "We do a lot of disaster response work, and in the past it took tons of work to figure out how much money had come in for a particular earthquake or hurricane and how much of it we spent. But now we can just run a project report based on the dimensions in Sage Intacct and see an instant snapshot of all the donations, whether we have enough funding le over to support the next disaster, and how this kind of work affects our overall operations." Company Overview Children's Hunger Fund was established in 1991 with a mission of delivering hope to suffering children. By equipping local churches for gospel- centered mercy ministry, CHF has distributed more than 1 billion dollars in nourishing food and other resources to children in the U.S. and around the world. Executive Summary Previous So ware: • QuickBooks Results with Sage Intacct: • So ware paid for itself in <6 months • Gained timely insight to drive program decisions • Shortened annual budgeting cycle by 2.5 months • Saved 40+ hours/month on manual tasks Creating a Financial Structure to Scale Children's Hunger Fund C A S E S T U D Y

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