Customer Case Studies

In addition, CHF's controller dashboard displays key figures like cash in the bank, profit and loss- es to date, the balance sheet, prepaid expenses, and more. The organization's financial package for the board is also populated automatically each month in Sage Intacct, with a summary view of everything they like to see – including cash, revenues, and expenses for this year compared to last year. CHF can even monitor statistical metrics like headcount, meals provided, and total boxes of food on its Sage Intacct dashboards. Results Eliminating Manual Processes Saves a Week of Work Every Month Prior to adopting Sage Intacct, CHF's finance team spent three days each month coding hun- dreds of credit card transactions into QuickBooks, another day managing prepaid expenses in a 200-row spreadsheet, and at least two hours reforma ing monthly financials for the board. The organization's annual fixed assets review required a 350-row spreadsheet, and its four month budgeting process was cumbersome and o en riddled with formula errors, due to yet another spreadsheet that spanned 50 columns, 12 tabs, 350 rows, and 50 supporting documents. The best-in-class combination of Sage Intacct, Nexonia, and MartusTools streamlined all of this tedious work, and gave CHF more timely, accurate visibility into its data. Sue noted, "The produc- tivity we've gained with Sage Intacct allows us to make sense of our financial data, as opposed to the traditional accounting world where you just get your debits and credits in and hope they're correct. Now we can analyze our data to be er forecast for the future, and make decisions about what we as an organization can do to advance our mission." "Using Sage Intacct and MartusTools, we were able to condense our yearly budget process to just six weeks, and everyone is seeing the value," said Bayramian. "I give managers access to last year's budgets right in the system, so they can easily forecast various scenarios and be er target our growth. Instead of pouring our energy into Excel and then relying on guesswork because we didn't have real insight into our programs, we now spend the majority of the process reviewing the information and determining our budget approach for the coming year – i.e., slowing down in certain areas as we get more focused on strategic growth in a specific city, country, or ministry." C r e a t i n g a F i n a n C i a l S t r u C t u r e t o S C a l e With Sage Intacct, we can now drill down into where we're ge ing our money from, and how much of our donations are for restricted vs. unrestricted funds. With in-depth, real- time information on what we've spent and any le over funding, we can actually expand our programs more quickly rather than waiting for complex reporting at the end of the year. Christopher Sue, CFO, Children's Hunger Fund Copyright ©2018, Sage Intacct, Inc. All rights reserved. Sage Intacct is a registered trademark of Sage Intacct, Inc. Rev: SI_Case_Study_Childrens_Hunger_Fund_FNL | September 6, 2018 9:59 AM www.sageintacct.com 300 Park Ave #1400 San Jose, CA 95110 877-437-7765

• Cover