Customer Case Studies

www.sageintacct.com 300 Park Ave #1400 San Jose, CA 95110 877-437-7765 Copyright ©2019, Sage Intacct, Inc. All rights reserved. Sage Intacct is a registered trademark of Sage Intacct, Inc. D e s e r e t M u t u a l s a v e s 3 0 + H o u r s M o n t H l y & D e l i v e r s D a t a - D r i v e n i n s i g H t s Intacct dimensions – which allows for DMBA to slice and dice data to fit their specific needs -- Hansen's team reduced the number of accounts from 10,000 to a much more manageable 500 in a shared chart of accounts. And, with prebuilt reports through Sage Intacct financial dashboards, DMBA can generate monthly financial statements in minutes that used to take two days of painstaking spreadsheet work. "This level of efficiency gives us much more time for analysis, giving us a huge business advantage," Hansen said. DMBA is saving another 20 hours a week by automating journal entries though Sage Intacct, eliminating a tedious, manual process. That's freed up the time of one-half a full-time staff member to focus on higher-value and strategic tasks. Plus, by integrating Sage Intacct with an SAP Concur expense management application, DMBA has eliminated eight to 10 hours a month of manual data extracts and moves of Concur information into the previous system. Results Cu ing the Close by Two Days with Dynamic Allocations Building out its environment, DMBA in early 2019 rolled out the Sage Intacct Dynamic Allocations module for cost allocations that support customer invoicing. This has eliminated a full day each month of manual cost allocations, helping DMBA reduce its monthly close from seven to five days. The organization has also deployed Sage Intacct Advanced Audit Trail, a HIPAA-compliant solution that logs all access to data to support audit functions. External audits are now notably faster and easier. External auditors have read-only access to Sage Intacct, and Hansen estimates his team spends a fraction of the time it used to on external audit preparation and response. DMBA is making the most of Sage Intacct reports and financial dashboards to ensure that leadership has accurate, real-time information. About 10 executives and managers have custom dashboards that supply key metrics, a vast improvement from static monthly reports. "Sage Intacct has really brought us into the modern age of accounting," Hansen said. "Our executives and managers now have a real-time view into their budgets and how they're trending, and that's been a big impact on the business. Sage Intacct has helped the finance team become a more influential partner to the business, overall, in delivering key information and data-driven insights that leadership needs." Additional business value is anticipated with the integration between Sage Intacct and the Adaptive Insights budgeting and planning tool. With its sizable time savings, DMBA has been able to cross-train members of the 15-person finance team on new skills. "We are building a stronger, more insights-driven team," Hansen said. "The ongoing innovations in the Sage Intacct platform enable us to improve business processes with every release giving us a competitive edge we simply didn't have before." Sage Intacct has really brought us into the modern age of accounting. Our executives and managers now have a real-time view into their budgets and how they're trending, and that's been a big impact on the business. Todd Hansen, Controller, Deseret Mutual Benefit Administrators

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