eBooks

6 10 Symptoms of an Inadequate Financial Reporting System Symptoms 1 2017 Sage Intacct Nonprofit Innovation Report 2 2017 Sage Intacct Nonprofit Innovation Report 3 2017 Sage Intacct Nonprofit Innovation Report 1 2 3 4 5 Reporting only looks backward because you lack the ability to see where you are right now. When Sage Intacct surveyed nonprofit finance professionals, 57% believed lack of real-time visibility into KPIs slows their ability to make decisions. 1 To create a packet of financials you must first manipulate the data in another tool such as a spreadsheet to make it presentable. Manual, time-consuming reporting concerned 64% of nonprofit finance professionals. 2 Executives ask for lots of ad hoc or special reports but don't receive them in a timely manner. At the same time, the finance team is working harder than ever. The lead up to board meetings is chaotic and stressful for the finance team and executives. Preparation may involve more manual data manipulation—time that could have been spent more strategically by the CFO or CEO. Systems are poorly integrated, creating the need for duplicate data entry. Nearly six in ten (57%) nonprofit finance professionals felt multiple, disconnected systems cause inefficiency. 3

• Slide Number 1
• Slide Number 2
• The Nonprofit CFO ― Scorekeeper or Strategic Partner?
• Nonprofits Need More Timely, Insightful Financial Reporting
• Manual Processes Hinder Financial Reporting
• 10 Symptoms of an Inadequate Financial Reporting System
• 10 Symptoms of an Inadequate Financial Reporting System (1)
• Why Nonprofits Need Best-in-Class Financial Reporting
• What Makes Sage Intacct a Best-in-Class Financial Reporting System?
• Dimensional Reporting for Simplicity and Accuracy
• Automated Reporting of Outcomes
• "Thanks to the insight we have in Sage Intacct, we've provided new value-added services and information to our department directors that we were never able to offer before. Sage Intacct's Dimensions really are life-changing, and the system's reporting pos
• Deep Visibility in Role-Based Dashboards
• Role-Based Dashboards for Stakeholders
• "Before, everyone was in the dark, but with Sage Intacct it's a whole new world. Department managers can see precisely how they are doing with the click of a button... As a result, people are controlling their costs proactively, the organization's overall
• Wide Visibility Through Open Integration
• "Our favorite thing about Sage Intacct is that we can quickly import files and journal entries from outside vendors like ADP for payroll and State Street for investment accounting. In minutes we can upload files right into the system, saving days that we
• Real-Time Data, Metrics, and Reports
• Get the Full Picture with Sage Intacct
• Educational Resources to Help You Make the Right Decision
• Slide Number 21