When it comes to financial software solutions, responding to the unique needs of non-profits is no easy task. Sage Intacct provides the timely, accurate financial insights you need to drive your mission forward.
Cloud accounting software should solve problems, not create headaches. Sage Intacct is a great fit for many different industries, but non-profit organizations in particular benefit from its tailored applications that are adapted for their specific requirements. The system has been successfully tried and tested for many different types of non-profits, such as faith-based, membership organizations, educational institutions, health and human services, philanthropies, and others.
Read on to learn more about the benefits of Sage Intacct for non-profits and how it can make your life easier than you ever imagined.
1. Effortless compliance reporting.
When it’s managed in Excel, compliance reporting can be a time-consuming and agonizing process. Sage Intacct makes compliance reporting quick and easy. By utilizing the financial report writer, organizations can produce complex reports in seconds. Required non-profit reports such as Statement of Activities, Statement of Financial Position, Statement of Cash Flow, Statement of Functional Expenditures, and Form 990 can all be easily configured within the system.
2. Maximize efficiency and stewardship with automation.
Non-profits rely on transparency in their financial stewardship and Sage Intacct is the tool that can make it happen. Paperless workflows accelerate routine accounting and reporting tasks, leaving more time to focus on the strategies that help accomplish your important mission. And with anytime, anywhere access for staff and volunteers, you can increase finance department productivity by as much as 30%. Sage Intacct maximizes efficiency for non-profit organizations by seamlessly eliminating redundant data entry and automating fund, grant, revenue, and billing processes.
3. Robust Key Performance Indicators (KPI) tailored to your needs.
Many non-profit organizations don’t have the time to create KPIs and evaluate their performance because so much time is required to gather and compile the data, let alone analyze it. In addition, non-profits often have goals and outcomes that can be difficult to assess because they reflect the difference being made in the world, such as the reduction in food deserts or the growth of the tiger population. Sage Intacct allows users to easily establish KPIs that respond to their needs so they can make the best decisions based on these metrics. Depending upon your organization’s requirements, KPIs might include program efficiency, revenue per member, fundraising efficiency, average donation size, or the number of donors. This is just a small sample of the many KPI configuration options at your disposal.
4. Apply for and manage funds and grants with ease.
Funds and grants are essential to non-profits but they are notoriously challenging to manage. Having easy access to accurate information for applications can have a huge impact on how successful you’ll be at the awards stage. Sage Intacct allows you to dive deep into your data, effortlessly viewing, filtering, slicing, and dicing to create detailed, customized reports that reflect the funds and grants for which you are applying.
Member-centric organizations are always seeking new, more efficient ways to support growth and deliver greater value. Sage Intacct’s cloud-based accounting system delivers. Save money and resources, boost compliance, increase transparency, and easily report to stakeholders. It’s the smartest way to boost your productivity and advance your mission.
Ready to tap into the abundant benefits of Sage Intacct for non-profits? Intuitive Business Concepts implements Sage’s full array of accounting products across a range of member-based associations and organizations. Contact us to learn more or to start your journey.
About IBC: At IBC, we have a deep understanding of the critical business needs and processes specific to associations, non-profits, and unions. We ‘get’ your culture, your goals, and what drives you, too. Focused exclusively on and dedicated to delivering the most effective AMS , LMS , and Cloud Financial Software for our clients, we’re well-versed in identifying and applying the integration techniques that will save you time and money. Since 2001, our cutting-edge products, unparalleled responsiveness, and award-winning services have helped organizations like yours increase their operational and financial performance by leveraging best practices and proven solutions. For more information about IBC, please visit the website at www.ibconcepts.com or call 443.603.0215.
