Many nonprofit organizations believe they need accounting software and ERP applications designed specifically for them. Let us show you why that’s not true.
Sage Intacct is a comprehensive cloud accounting and ERP application that helps nonprofit organizations automate processes, improve oversight and controls, and elevate accuracy, compliance and transparency. Sage Intacct for nonprofits provides the visibility necessary for planning and strategy development and provides flexibility as the organization grows and its needs change. In short, Sage Intacct for nonprofits allows organizations to combine efficiency with growth to better realize their missions.
Sage Intacct Features for Nonprofits
Sage Intacct includes features that make it ideal for nonprofit organizations, providing the same robust functionality that helps high-growth SaaS, healthcare and financial management companies scale profitably, including:
Strong internal controls
Sage Intacct nonprofit accounting software provides for centralized control and distributed workflow responsibility in one system, so nonprofits can:
- Manage monies by grants/donors, programs, geographies, and other dimensions
- Set budgets for each event, campaign, program, and funder
- Track the actuals to create tighter controls and prevent unexpected outcomes
- Manage capital budgets
For help managing directed donations and multiple grants, Sage Intacct fund accounting creates separate closes for each revenue source along with a regular series of specific reports—each with its own unique requirements, for every source of funding.
Instead of managing manual reconciliations across multiple tax jurisdictions, you can use Sage Intacct’s sophisticated multi-dimensional architecture to aggregate transactions and activities across the organization. This entails comprehensive support for multiple entities, multiple currencies, multiple grants and donors, and multiple locations.
Visibility and transparency
Transparency is essential for nonprofits to secure and keep donors and sponsors excited about supporting its mission. Sage Intacct provides in-depth financial reporting into every aspect of a nonprofit’s operations. Board members and directors can access data in real time. Leaders can spend less time explaining past performance and more time looking forward. Staff will spend less time producing financial statements and compliance reports and more time focusing on your mission. And with everything in one place, year-end audits can proceed smoothly.
Sage Intacct Pricing for Nonprofits
Don’t get caught up in the myths and misconceptions surrounding Sage Intacct pricing for nonprofits. The nonprofit market segment is the largest growing segment for Sage Intacct, indicating these organizations are finding the solution’s price point and capabilities are a good fit. In fact, nonprofit customers represent about 32% of Sage Intacct’s 13,000+ customers.
Broadly speaking, Sage Intacct subscription fees for most organizations will run between $10,000 and $50,000 depending upon the size of the organization and the level of advanced capabilities and integration with CRM or donor management applications (e.g., Salesforce Nonprofit Success Pack or Blackbaud Raiser’s Edge NXT) it may need. In addition to annual subscription fees, a budget for Sage Intacct pricing must include ERP implementation by a Sage Intacct partner. A Sage Intacct implementation partner will learn the nuances of your nonprofit organization and help strategically configure Sage Intacct to match the way you operate to help deliver optimal results.
Sage Intacct Implementation for Nonprofits
Achieving a rapid and measurable return on investment associated with an ERP implementation is just as important (if not more) to nonprofits as it is to for-profit enterprises. As a Sage Intacct partner, helping you reach that goal is our primary focus. BT Partners is a Sage Intacct ERP implementation consultant that works extensively with nonprofit organizations to implement Sage Intacct and gain measurable results and ROI. Our nonprofit clients tell us that Sage Intacct has forever changed their operations, with the added efficiencies enabling them to grow the organization and achieve their missions and make an impact effectively and efficiently.
If you’d like to learn more about how BT Partners can help implement Sage Intacct for your nonprofit organization, call us today at (847) 205-5015.