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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 18, 2018 3:29 PM M a j o r F i n a n c i a l T r a n s F o r M a T i o n D r i v e s r e a l - T i M e D e c i s i o n M a k i n g All SIFMA's nancial processes now ow through Sage Intacct, which serves as a one-stop shop where managers can see their approvals on a dashboard and view vendor payments or other key transactions. And with back-up documentation for auditors captured digitally in the system, the team was able to go paperless. Sage Intacct eliminated a tedious weekly task of printing out reams of journal entries, payables, and cash receipts for manager signatures, which were then mailed o to a scanning service and then logged back into a homegrown catalog for future refer- ence. Today, Sage Intacct completes this entire process automatically. Managers simply receive email notications for approvals, the system stores documentation, and auditors can click directly into any transaction to get the back-up they need. "Even people who aren't that condent with technology can get up to speed on Sage Intacct without hand-holding because the workows are so intuitive," said Usasz. "Now that we have se- cure remote access in the cloud with Sage Intacct, we've started hiring on-the-ground resources in London rather than running all of the UK's nances through our team in New York. It has really changed how we operate." Results Real-Time Financial Insight Improves Budget Compliance As a nonprot membership organization, SIFMA is under constant pressure to maintain a tight budget, which makes real-time reporting critical. Usasz shared, "Before Sage Intacct, when we'd get requests from our CFO for a particular piece of nancial information, it might take us a week to track it down. Now, we can add those details to his Sage Intacct dashboard as soon as we get the request, and he has the information he needs instantly." Dashboards are playing a key role in evolving the organization's nance function, because every- one can see the power of the team's reports for making decisions. Stakeholders are focusing on that valuable insight, versus simply turning to accounting to cut checks or make sure a vendor gets paid. "We're excited about building personalized Sage Intacct dashboards for more employees, so people can control their budget spend at a very detailed level. Previously, we dealt with all the Excel nightmares of having multiple budget versions oating around and it took forever to collate everything. By the time we got our reports done, the funds had already been spent. Thanks to Sage Intacct, we have an invaluable tool to help manage spend in real time." It's been an amazing experience to take real-time, accurate nancial information from Sage Intacct to our executive community and the board. Now, they can make decisions faster to help improve SIFMA's operations and give our members what they want – all while sticking closely to the budget. Sophie Usasz, Managing Director of Finance, SIFMA