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. D e v e l o p i n g W o r k f o r c e S k i l l S t o o v e r c o m e e m p l o y m e n t B a r r i e r S Noble chose RSM because they understood nonprot accounting and were experienced with cost allocation for grants and contracts. Deployment began in mid-October and Towards Employment was live with Sage Intacct by New Year's Day. She said, "RSM talked to everybody on my team—the AP clerk, the sta accountant—with great respect for their work and their perspective, and I appreciated it." Results Real-Time Financial Insight Improves Budget Compliance Due to the eciency of Sage Intacct, Towards Employment has managed the extra accounting work created by the opening of the Bloom Artisan Bakery and Café while only adding one part- time employee in the nance team. Noble estimates that "if we weren't using Sage Intacct, we would need another half-time person at least, if not another full-time person." With the automated cost allocation in Sage Intacct, "It takes me half as much time to do my monthly billing for government contracts, because I don't have to double check the allocations," Noble said. And the eciency improvements didn't end there. "We can import payroll data as a journal entry in 10 minutes where it used to take an hour to code in the payroll." Improved internal controls, including an automated AP approval process and audit trail, help Noble achieve a high standard of accuracy and accountability. "Sage Intacct is very helpful in meeting the compliance requirements of public funding grants. Our donors want to see that we receive a clean audit opinion. The internal controls in Sage Intacct are critical," she explained. "The entire AP and AR cycles are now paperless with an audit trail and an automated approval process built right in." Sage Intacct has improved nancial visibility throughout the organization. Noble uses multi-en- tity accounting to keep separate books for the bakery and the organization. She provides a rolled up P&L to her executive director but gives operational managers more detailed P&L's specic to their projects. "It's helpful to be able to run the P&L by project versus program. In our organization some people manage quality from the perspective of a particular contract, and they need to focus on project expenses. Other people need to look at the organization as a whole and a rolled-up P&L allows the board and our leadership team to look at the bigger picture," said Noble. The time saved by Sage Intacct enables Noble to pursue more strategic priorities that further Towards Employment's mission. She conducts more time training her sta about accounting processes and supporting executive fundraising eorts. "As CFO, part of my job is resource development—helping write grant applications and meet- ing with funders," explained Noble. "Sage Intacct helps me spend less time on accounting and reporting, so I can do that." As CFO, part of my job is resource development—helping write grant applications and meeting with funders. Sage Intacct helps me spend less time on accounting and reporting, so I can do that. Faith Noble, CFO, Towards Employment

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