Sage Intacct, the innovation and customer satisfaction leader
in cloud financial management solutions, today announced
that the Roman Catholic Diocese of Portland, Maine, selected Sage
Intact, a solution available in Sage Business Cloud, to improve
financial processes across its organization. Within a year of
implementing Sage Intact, the software has paid for itself and the
diocese increased operations efficiency by ten percent.
Why Sage Intacct?The Roman Catholic Diocese of
Portland, Maine is a complex organization that includes more than
100 separate parishes, schools, foundations and other entities. It
was searching for a solution that could manage these complexities
and streamline reporting, consolidations, accounts payable, and
expense management. With Sage Intacct, the Diocese has met
organizational needs and increased value-added services.
“Initially, we didn’t think we would find a solution that could
work for all of our entities, because they’re each so different.
But, when we found Sage Intacct’s cloud financial management
software, we knew the whole organization needed to make the
switch,” said Laurie Downey, Controller, Roman Catholic Diocese of
Portland. “Sage Intacct has everything we were looking for – the
ability to do real-time consolidations, robust reporting, a
flexible general ledger, strong internal controls with levels of
user access, and an intuitive interface.”
The Portland Diocese worked with Sage Intacct partner
CliftonLarsonAllen to implement the cloud financial management
solutions and has achieved significant benefits since,
including:
Timely, accurate insight into parish
operations: There’s been a significant increase in
financial visibility across the organization and real-time updates
from parishes.
Improved overall finance efficiency: The
necessary data is always available, saving a 60 hour process and
allowing for an immediate monthly consolidation. The organization
has improved efficiency by ten percent and Sage Intacct has paid
for itself in the first year of use.
Ease of use: Organizing workflows across a
network of more than 100 entities is complex. The Portland Diocese
found that Sage Intacct simplified the process.
“The Catholic Foundation of Maine has complex reporting
requirements for its temporarily restricted, permanently
restricted, and net asset funds,” said Downey. “Sage Intacct’s
flexible general ledger effortlessly supports it all through
dimension values – I just click a button and the foundation’s
financial reports run perfectly in Sage Intacct.”
For more information on how the Portland Diocese uses Sage
Intacct, view the full case study here.
About Sage IntacctSage Intacct is the
innovation and customer satisfaction leader in cloud Financial
Management. With the powerful combination of Sage and Intacct, the
Sage Business Cloud offers the best capabilities of both companies.
Bringing cloud computing to finance and accounting, Sage Intacct’s
innovative and award-winning applications are the preferred
financial applications for AICPA business solutions. In use by
organizations from startups to public companies, Sage Intacct is
designed to improve company performance and make finance more
productive. Hundreds of leading CPA firms and Value Added Resellers
also offer Sage Intacct to their clients. The Sage Intacct system
includes accounting, cash
management, purchasing, vendor management, financial
consolidation, revenue recognition, subscription
billing, contract management, project
accounting, fund accounting, inventory management,
and financial reporting applications, all delivered
through the cloud.
Sage Intacct is based in San Jose, California and an entity of
Sage, the market and technology leader for integrated accounting,
payroll and payment systems, supporting the ambition of
entrepreneurs and business builders and a FTSE 100 business. For
more information on Sage Intacct, please
visit www.sageintacct.com or call 877-437-7765. Connect
with Sage Intacct
on LinkedIn, Facebook, Twitter, Instagram,
and YouTube.
About SageSage (FTSE:SGE) is the global market
leader for technology that helps businesses of all sizes manage
everything from money to people – whether they’re a start-up,
scale-up or enterprise. We do this through Sage Business Cloud -
the one and only business management solution that customers will
ever need, comprising Accounting, Financials, Enterprise
Management, People & Payroll and Payments & Banking.
Our mission is to free business builders from the burden of
admin, so they can spend more time doing what they love – and we do
that every day for three million customers across 23 countries,
through our 13000 colleagues and a network of accountants and
partners. We are committed to doing business the right way, and
giving back to our communities through Sage Foundation.
Find out more at www.sage.com/en-us.
Sage Intacct, Intacct and the Sage Intacct and Intacct logos are
trademarks or registered trademarks of Sage Intacct, Inc. and/or
its affiliates. Other company and product names mentioned herein
may be trademarks of their respective owners. The use of the word
“partner” does not imply the existence of a legal partnership
relationship.
Press Contact:Peter OlsonSage
Intacct408-878-0951polson@intacct.comhttps://twitter.com/PeterOlsonPR
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