Customer Case Studies

Customer Profile Case Study: Education Pioneers | 1 Executive Summary Previous Solution: • QuickBooks Results with Sage Intacct: • Shortened monthly close by 20 days • Reduced finance FTEs • Gained financial transparency to inform programming decisions With Sage Intacct's real-time visibility, our managers can immediately see how their local programming decisions or budget variances will impact the organization's bo om-line in the next 3, 6, or 12 months, which has made them much more proactive and agile. –Todd Forsyth, Corporate Controller, Education Pioneers Supporting Continued Growth with Cloud-Based Financial So ware Education Pioneers is a national nonprofit that set out to transform education by bringing exceptional talent to the sector. As the organization expanded its mission over the past ten years, it hired staff rapidly to support an ambitious goal of increasing its network from 2,500 to 10,000 leaders. With employees spread across more than a dozen remote offices throughout the United States, it had become increasingly difficult for the finance team to accurately allocate costs while providing timely reporting and increased financial transparency for the organization. In preparation for further growth, Education Pioneers decided it needed to move beyond QuickBooks to a more robust financial management solution that could address its unique nonprofit accounting needs. For example, the finance team was unable to efficiently categorize expenses and revenues by specific funding sources, events, or other important classifications, which meant that when employees requested ad hoc reports, they o en had to wait two or three days for the team to gather information from QuickBooks and consolidate it in Excel. "Our organization went in search of cloud-based financial so ware that could keep up with our rapid expansion," said Todd Forsyth, corporate controller at Education Pioneers. "Sage Intacct was the obvious choice because of its ease-of-use and multi-dimensional reporting capabilities, along with the flexibility it offered to integrate with other best-in-class solutions like Salesforce and Nexonia." Automating Financial Processes to Boost Productivity A er working with Sage Intacct business partner, Armanino, to implement the cloud ERP solution, Education Pioneers streamlined several processes. Sage Intacct's core financial applications increased team productivity by reducing reliance on spreadsheets and bringing efficiency to accounts payables, purchasing, and grant management workflows. Consequently, the finance team cut Education Pioneers' monthly close from 30+ business days down to just ten.

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