Return on Mission: Is Your Organization Ready to Replace MIP?

By Heather Roukoski | June 17, 2019 |

Is it time to transition your organization’s accounting software? It’s challenging to navigate today’s dynamic environment with technology that was designed pre-internet. With increased oversight, competition for funding, and expanding compliance requirements, your organization should be leveraging the modern technology available today. Do you find your organization struggling with lack of flexibility, real time visibility, easy reporting, and automation of key processes? Would you like to enjoy easy integration between your solutions, providing instant visibility to key metrics, outcomes, and performance?

The technology revolution has made these types of functionality the norm rather than the exception. It is critical to work with an easy-to-use system that supports an evolving environment. To maximize your Return on Mission, you’ll need a modern, best-in-class cloud accounting solution: Sage Intacct.

Empower the modern accounting team

Sage Intacct makes your team more effective and efficient from day one. With Sage Intacct, you can create tailored dashboards and reports - on the spot - that are relevant to your organization’s specific mission and operational measures. Plus you can do your job from any browser and any device – with total security. This also allows you to easily provide views to non finance personnel including the executive team, finance committee and other key stakeholders within your organization that require insight for decision making, including full drill-down capability to source documents. You can also empower non-finance personnel to initiate finance department interactions such as expense requests, check requests, purchase requisitions, and more - with flexible electronic workflows, easy-coding rules and anywhere access.

“With Sage Intacct, we have a true cloud system that streamlines our financial processes and gives a wide variety of people in our organization real-time visibility into key financial metrics from anywhere.”

–Jennifer Sharp, Senior Accounting Manager, IslandWood

Infuse flexibility and automation

Sage Intacct allows configurable design to bring flexibility and automation to your organization’s operational workflow processes, tracking and reporting toolsets, making compliance an ‘of course’ and freeing up time to focus on strategic financial management. As your organization evolves, financial operations need to keep pace with transaction tracking procedures, internal controls, and reporting views that support the current organizational needs. Designed to evolve with your organization, Sage Intacct’s flexible and configurable architecture can be adapted to the tracking, electronic approvals and workflow requirements for your current operational structure and provide insights to best support your mission.

"As we’ve evolved, it’s been easy to make minor configuration changes to Sage Intacct with clicks versus code. It simply fits our changing needs; not the other way around.”

–Aaron Goin, Finance Director, Faith Promise Church

Gain greater visibility to mission success

Don’t waste another moment trying to marry financial and statistical data in spreadsheets. Only Sage Intacct offers the native ability to easily report financial information along with operational statistics – and then allows you to include calculations of the two – as well as other key performance analysis within the system. Whether key financial, statistical outcome metrics or a combination, see the whole picture of your organization - in real time with one view into one system.

“Since we balance by funds – from the Bill and Melinda Gates Foundation to the Government
of Sweden – I can quickly see how much unrestricted cash we have on hand. This is a key metric for our organization to ensure that we’re spending the right money at the right time as we make strategic decisions about new business development opportunities and hiring.”

–Michael Mohr, CFO, Women’s World Banking

Easily connect with other solutions

Sage Intacct makes it easy to connect disparate systems, leverage existing infrastructure, and eliminate information silos. You can streamline processes by connecting Sage Intacct with fundraising systems such as Salesforce or other solutions, payment delivery services, and many more specialized applications. Sage Intacct’s true cloud integration strategy allows for easy, intuitive imports or seamless integration via web services. This ensures that your finance team stays current with modern processing & reporting insights for your management team by harnessing technology to work smarter.

“One of our favorite things 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. Now, we just upload our State Street report or ADP payroll file right into the system in minutes, saving days that we used to spend tediously creating journal entries every month.”

– Monica Emerson, Controller, Conrad Hilton Foundation

Gain efficencies for multiple entities

Sage Intacct’s unique architecture makes it unique and well-suited for finance teams that are responsible for multiple entities. It provides streamlined access for operational oversight of multiple organizations, real-time consolidations, and a transaction tool set with robust security and configurable user experience to facilitate easy, smooth transaction processing.

“Our fund visibility has been drastically improved because of Sage Intacct’s mutli-entity, multidimensional architecture. With the many dimensions available within Sage Intacct, we
are able to easily keep track of each fund’s separate cash or accounts payable balance, or roll up all of our funds to look at the Foundation’s overall portfolio.”

–Jodie Mote, Controller & Treasurer, UAB Educational Foundation

Ready to leverage modern technology?

Is your finance team ready to maximize return on mission and gain the visibility, flexibility, efficiency, automation, and integration available with a modern accounting solution? Your current maintenance and operational costs are probably more than you realize.

Replacing and updating your accounting solution with a modern, best-in-class solution can cost less than you think – while saving you time and resources. We can help you do the analysis and discover how you can lead your organization to better stewardship and greater impact.

To learn more about how Sage Intacct can improve the mission success of your Non-profit, visit the DeRosa Mangold website.

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Gina of DeRosa Mangold Consulting explains why you should at least take 45 minutes to watch the Intacct Demo to discover what it can do for your business.

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As the size, complexity, and pace of your business grow, so do your frustrations. That accounting system you relied on to manage finances and operations has, over time, gradually become a barrier to growth and efficiency.

In this whitepaper you'll learn:

The key benefits of moving to the cloud;
5 signs your accounting system is holding you back;
What to look for in a best-in-class, cloud-based financial management solution.

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Contact us to learn more about our desire for resolving accounting problems and how it motivates us to deliver innovative solutions for everyone we work with!

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To learn more about DeRosa Mangold Consulting or Sage Intacct visit:

www.derosamangold.com

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