If you’re connected with a nonprofit or charity organization, you may be interested in Sage Intacct accounting software which can help you in several ways. The digital transformation with Sage Intacct software is quite beneficial in nonprofit accounting. It can easily detect the attention required areas and provide suitable solutions. It can help employees to focus on higher-value tasks.
What is meant by Sage Intacct?
It is an advanced cloud-based enterprise resource planning software. Countless organizations use this software to manage their day-to-day activities. Some popular activities maintained by this software are –
- Project management
- Accounting
- Business intelligence
- Supply chain
- Compliance
- Procurement etc.
For multiple different industries, this software is a perfect fit for clients. One of the great fits of this software is the nonprofit sector. As per the information, the nonprofit accounting sector has this software’s most extensive client base. This system is not just tried and tested but also runs successfully for countless types of nonprofit organizations, which include –
- Human services
- Healthcare sector
- Education sector
- NGOs etc.
Why choose Sage Intacct for Nonprofit accounting?
Sage Intacct is the most preferred software for small community industries to large international charities. It is undoubtedly the most popular choice among several nonprofit accounting organizations for its benefits.
This software is widely used by nonprofits accounting for collecting real-time financial data. Which helps to build effective decisions. Some of the popular nonprofit organizations which use this software system are listed below –
- Feeding America
- Habitat for Humanity
- National Public Radio
- American Cancer Society etc.
What are the benefits of sage intacct in nonprofit accounting?
However, one can find several benefits of sage intacct in nonprofit accounting; some of these advantages are listed below –
Sturdy compliance reporting –
As we all know, compliance reporting is a difficult task. Moreover, it is a time-consuming process often managed in Excel. In any business or industry, producing different types of reports is crucial, and sage intacct can help you do this job relatively quickly. With the help of this software, one can smoothly complete their compliance reporting. This software not just makes the process smoother but also does this work in a quicker process. Any nonprofit organization can quickly produce complex financial reports in just a few seconds.
Uplift financial visibility –
This unique software can provide nonprofits with accurate financial data. With the help of these data, nonprofit organizations can make informed decisions. Several nonprofit organizations use this software to track their donations, grants, and expenses efficiently. This software can provide a better understanding of the financial position.
Introduced Key Performance Indicators –
This software can create Key Performance Indicators for better performance and analyze their performance. This software can provide opportunities to set up KPIs. One can easily make decisions based on these critical metrics.
It maintains internal control –
It is the best software to boost strong internal control among several nonprofit organizations. As per the information, the crucial factors are controlled by administrators. This software can provide nonprofit organizations with multiple ways to set up internal controls, which include –
- Provisioning roles
- Setting up views and writing users etc.
Conclusion –
Sometimes, nonprofit organizations need help managing and tracking donations, grants, etc. Hence Sage Intacct comes into the picture. This software provides a cost-effective modern cloud accounting solution that helps you eliminate several issues. You can also get a depth overview by visiting the official website of Accfinoutsourcing.com.