Best features of Sage Intacct for nonprofits

In the nonprofit world, managing money well is key to success. Sage Intacct is a top cloud-based accounting software made for nonprofits. This guide shows how Sage Intacct helps finance leaders at nonprofits. It makes managing money easier, clearer, and more efficient.

Sage Intacct has special features for nonprofits. It helps with tracking money, reporting, and getting quick insights. Nonprofits can handle complex tasks like tracking funds and grants easily. This helps them make a bigger impact in their communities.

Key Takeaways

• Sage Intacct provides robust fund accounting capabilities to manage revenues, expenses, and grants effectively.
• Sage Intacct’s multi-entity consolidation and real-time reporting features enable nonprofit organizations to streamline operations and make data-driven decisions.
• The software offers comprehensive compliance reporting and tailored Key Performance Indicators (KPIs) to enhance financial transparency.
• The system’s integration with AP automation solutions improves efficiency and productivity, allowing organizations to do more with less.
• Sage Intacct’s versatility caters to a diverse range of nonprofit organizations, including education, healthcare, human services, and NGOs.

Comprehensive Fund Accounting Capabilities

Sage Intacct helps nonprofits track money well. They can see how much money comes in and goes out. This makes it easier to manage money and make smart choices.

Tracking Revenues to Specific Funds/Grants

Sage Intacct lets nonprofits track money down to the smallest details. This means they can show how their programs work well. It helps them report back to donors and others.

Monitoring Grant Expenditures

Sage Intacct has tools for tracking grant money. Finance teams can see how grants are spent. This makes it easy to report and follow rules.

Generating Grant-Specific Reports

Nonprofits can make detailed reports with Sage Intacct. These reports show how money is used and what programs do. It’s great for showing donors and others that money is used wisely.

Key Benefit	Metric
Increased Productivity	Sage Intacct makes finance teams work better by more than 30%.
Improved Efficiency	Automation in Sage Intacct boosts productivity by 25% for teams worldwide. It also helps raise 15% more money for good causes.
Customer Satisfaction	Sage Intacct is the top choice for customer happiness, as seen by G2.

“Sage Intacct empowers nonprofit accounting teams by simplifying managing and tracking information about funds, grants, and programs.”

Robust Compliance and Nonprofit-Specific Reporting

Compliance is key for nonprofits. Sage Intacct makes sure they follow rules from funding groups and bodies like FASB and GASB. It has tools to handle complex financial rules well.

It also has reports ready for GAAP and IFRS standards. This makes it easier for nonprofits to follow rules and report.

Nonprofits get many grants and donations. Sage Intacct tracks these well. It lets nonprofits report to each funder easily. Its multidimensional database helps with this by combining data from different places.

This ensures strong nonprofit financial reporting and nonprofit audit compliance.

Sage Intacct helps nonprofits make financial reports like statements of activities and cash flow. It also makes Form 990 easier. This helps nonprofits meet rules and funding needs.

It also has a system for managing documents. This helps nonprofits work better, whether in the office or remotely.

“Seattle Indian Health Board achieved better decision-making by drilling into their data through dashboards.”

With Sage Intacct, nonprofits can focus on their mission. They know their finances are in good shape.

Metric	Improvement
Koret Foundation’s Efficiency	Increased by 75% with automation
Sage Intacct’s Increase in Finance Department Productivity	More than 30% with anytime, anywhere access for staff and volunteers
Atlanta Convention & Visitors Bureau’s AP and Payroll Workloads	Reduced by 70% and 90%, respectively, through leveraging integrations
NGO Room to Read’s Return on Investment	400% with streamlined global financial operations
JumpStart’s Productivity Improvement	25% for their worldwide field operations and global finance teams
JumpStart’s Revenue Increase	15% with Sage Intacct

Sage Intacct is great for nonprofits. It helps with nonprofit financial reporting and nonprofit audit compliance. It lets nonprofits focus on their mission.

Sage Intacct for Nonprofits

Nonprofits looking for top nonprofit budgeting software and nonprofit financial management solutions should check out Sage Intacct. It’s made for nonprofits and has all the features they need. It helps with many important tasks.

Dedicated Grant Management Module

Sage Intacct has special tools for managing grants. It helps track budgets and spending. It also makes reports that show how grants are used. This helps nonprofits show their work’s impact to donors.

Multi-Entity Consolidation

Nonprofits with many locations or units find Sage Intacct’s multi-entity features very useful. It combines financial data from all places into one view. This makes it easier to make big decisions and manage finances better.

Real-Time Reporting and Dashboards

Sage Intacct gives nonprofits real-time reports and dashboards. These tools give important insights for making smart choices. They are made just for nonprofits, so users get the most useful financial data.

Using sage intacct nonprofit solutions helps nonprofits manage finances better. They can follow rules and make choices based on data. This helps them move their mission forward.

“Sage Intacct has been a game-changer for our nonprofit, providing us with the financial visibility and control we need to make informed decisions and drive our mission forward.”

Streamlining Operations with AP Automation

Nonprofit groups using Sage Intacct face challenges like staffing issues and inefficient systems. They also lack clear views of their program results. But, by adding AP automation to Sage Intacct, they can make their finances more accurate and faster. This leads to big savings and better work flow.

AP automation for Sage Intacct makes financial work simpler and cheaper. It makes the accounts payable process easier and more effective. This keeps Sage Intacct as the main financial system, making sure all financial data is correct and consistent.

Improving Efficiency with Less Staff

AP automation helps nonprofits handle more invoices and payments with the same staff. It lets them do more with less, freeing up time for their main goals. With tools like self-service supplier onboarding and automated invoice processing, nonprofits can close their books up to 25% faster.

Multi-Entity Aware for Complex Structures

For nonprofits with complex setups, AP automation solutions that work for multiple entities are a big plus. These solutions handle the financial needs of different parts of the organization. This ensures accurate and smooth accounts payable processes for the whole group.

By combining AP automation for nonprofits with Sage Intacct, organizations can improve their financial work. They can work more efficiently and focus on their main goals. The smooth connection between these two powerful tools gives nonprofits the tools they need to succeed.

Conclusion

Sage Intacct helps nonprofits solve big problems like finding staff and keeping them, seeing cash flow, and dealing with inflation. It offers tools for managing grants, combining financial data, and giving real-time insights. This helps nonprofits work better, be more open with their money, and manage finances well.

The software has cool features like automatic transactions, custom dashboards, and tracking in many ways. This makes finance teams work smarter and see everything clearly. Sage Intacct makes it easy to handle different locations, currencies, and sites, meeting the needs of nonprofits.

Sage Intacct is a top choice for cloud-based financial management. It’s praised by experts and review sites. By using Sage Intacct, nonprofits can save money, manage cash better, and focus more on their mission. This leads to more positive change in their communities.

Frequently Asked Questions