Customer Case Studies

www.sageintacct.com 300 Park Ave #1400 San Jose, CA 95110 877-437-7765 Copyright ©2018, Sage Intacct, Inc. All rights reserved. Sage Intacct is a registered trademark of Sage Intacct, Inc. Rev: SI_Case_Study_RapidRatings_Updated | December 12, 2018 12:32 PM F a s t - G r o w i n G C h u r C h M o d e r n i z e s w i t h C l o u d F i n a n C i a l M a n a G e M e n t Now, Sandals Church has on-demand visibility into real-time nancial data to manage costs, adjust revenue targets, and pursue growth. Roughly 60 members of the church's 153-person work- force use Sage Intacct dashboards, including executives, departmental managers, and campus directors. "Before, they had to wait until accounting closed the month and emailed them a report," Cheong said, "Now they go online and see how they're doing in their department or campus in real time." And executives have new ability to track P&L, balance sheets, and metrics such as costs per parishioner and stang ratios. That supports informed decision-making, from ramping up market- ing eorts to opening a new campus. New insights in Sage Intacct have been instrumental in supporting double-digit gains in tithing and aendance, and the church is beer able to grow summer camp, youth, and other service programs that generate about 10% of revenue. For instance, Sandals Church realized it was losing signicant money on its camp program once it deployed Sage Intacct. Now, it can also drill into camp aendance by campus and identify campuses that should have higher camp aendance. "Our executives now know where we stand nancially," Cheong said. "The new insights we have with Sage Intacct have been extremely valuable in supporting our growth and our mission." Results Big Gains in Closing Speed and Finance Productivity Cheong's team now has ample time for higher-value strategic work and thanks to dramatically improved eciencies gained with Sage Intacct. The monthly close, for instance, has accelerated 450% — from 45 days to just 10 days. Productivity of the accounting team has risen 20%, while eciency is up an estimated 45% in terms of faster processes and less manual eort. Rather than wrestling with dozens of charts of accounts, the accounting team seamlessly consolidates nan- cials across seven entities. Year-end audit processes are 40% faster, and Cheong's team can start work on next year's budget in October or November — not August as it did in the past. "Because we have Sage Intacct to manage the day-to-day, we don't need to worry much about nancial accuracy and instead focus more on strategy goals and more eectively managing nances," Cheong said. That includes the use of Sage Intacct for balance sheet, P&L, and cash ow reporting, and an integrated solution from Adaptive Insights for forecasting and scenario planning. Ease of use is a key factor in helping Sandals Church transform its accounting function. It also makes Sage Intacct accessible to non-accounting personnel who interact with dashboards and helps the accounting team utilize volunteers for data entry for payroll, accounts payables, deposits, and more. Cheong made that point to a sister church in Southern California, Saddleback Church, as Saddle- back considered its accounting platform options. "I told Saddleback that Sage Intacct changed our church because it provides so much ease of use with so lile time needed for training," Cheong said. "It makes all the sense in the world to move to Sage Intacct because ministry people aren't necessarily the best with numbers, and Sage Intacct makes it easy for them." Sage Intacct's reporting Our executives now know where we stand nancially. The new insights we have with Sage Intacct have been extremely valuable in supporting our growth and our mission. Amber Cheong, Director of Finance, Sandals Church

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