Customer Case Studies

© 2018 Sage Intacct, Inc. All rights reserved. www.sageintacct.com 877-437-7765 Company Overview Towards Employment is a not-for- prot, workforce development agency in Cleveland, Ohio that provides job readiness training, skills training, case management, and career coaching, and other services to people in Northeast Ohio with signicant barriers to employment. The organization also runs a social enterprise, Bloom Artisan Bakery and Café, to provide real-world job experience for its participants. Executive Summary Previous Soware: • QuickBooks Results with Sage Intacct: • Reduced the time required for monthly billing to government contracts by 50%. • Cut the time needed to import employee payroll data by 80%. • Avoided having to add another FTE—a savings of approximately $45,000 per year. • Enabled the CFO to spend more time on strategic fundraising priorities. Challenges Developing Workforce Skills to Overcome Employment Barriers Towards Employment is a nonprot workforce development agency with a mission to help people facing signicant barriers to employment to enter the workforce. The organization provides job readiness and so skills training, career planning, coaching, and case management to help individ- uals nd jobs. Towards Employment also hires individuals through its social enterprise, the Bloom Artisan Bakery and Café. The organization supports approximately 3,000 individuals and stewards about $6 million annually. In 2017, Towards Employment decided it was time to replace their QuickBooks accounting soware. CFO Faith Noble said a lack of internal controls in QuickBooks meant the organization lacked the ability to approve payables before they were posted or paid and did not have an adequate audit trail. "Because we have government grants and contracts that fund our program, Towards Employ- ment receives an annual audit. In order to be able to pass our audit comfortably, we felt we needed to have a system that provided beer internal controls and a beer audit trail," recalled Noble. Noble also wants a solution that could automate cost allocation between programs and projects, because QuickBooks did not oer allocation functionality. Noble and her team had to use a spread- sheet to calculate allocations and then re-type each line into QuickBooks. It was a time-intensive process that was prone to errors. Towards Employment preferred to replace QuickBooks with a cloud-based solution. "Some of our sta works from home, so we wanted to be able to access the data anywhere and to receive automatic updates and new releases," Noble said. "When we used QuickBooks on our server, our IT department had to stay prey involved." Solutions Strengthening Internal Controls with a True Cloud Solution Working with technology partner, RSM, Noble selected Sage Intacct because it is a true cloud solution that delivered strong internal controls and an audit trail. Developing Workforce Skills to Overcome Employment Barriers Towards Employment C A S E S T U D Y

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