Sage Intacct for industry-specific non-profits

If you’re trying to master the unique challenges of fund accounting while trapped by the limitations of simple spreadsheets, it’s time to look at Sage Intacct. Only Sage Intacct fund accounting software gives you the clear, real-time visibility you need to efficiently and proactively pursue your organisation’s mission and manage your growth, while reducing fund accounting process costs.

Sage Intacct fund accounting software helps nonprofits and fund administrators:

• Easily manage and track funds and grants
• Increase productivity by automating manual processes
• Ensure appropriate stewardship of funds and donations
• Deliver real-time reporting and visibility to stakeholders
• Manage access and permissions to geographically dispersed employees and volunteers

From compliance reporting to generating outcome metrics and providing real-time visibility, Sage Intacct allows non-profit organisations to spend less time on administrative tasks and more time on what really matters achieving their mission. Sage Intacct's non-profit accounting software features:

• Strong core accounting: Our key core accounting features provide the foundation for your financials: a dimensional general ledger, accounts payable, accounts receivable, cash management, order management, purchasing, and Sage Intacct Collaborate to communicate with your team in real-time.
• Multi-entity and global consolidations: Push-button consolidations aggregate transactions in minutes across your non-profit organisation with multiple entities, currencies, grants and donors, and locations.
• Fund accounting: Create separate closes for each revenue source along with a regular series of specific reports including the statement of activities, statements of financial position, statements of cash flow, and Form 990.
• Reporting and dashboards: Gain real-time visibility into every aspect of your organisation’s finances; whether you’re interested in which funds were used for each project, the performance of your organisation by location or team, the expense tied to each volunteer or employee, or any other aspect unique to your organisation.
• Control and compliance: Reduce risk and cost with automated workflows, internal controls, and streamlined compliance using built-in non-profit-specific reports and FASB and IRS-compliant financial statements.
• Revenue recognition: Save time with automated revenue recognition by streamlining ASU 2018-08 and IFRS 15 compliance.
• Visibility and transparency: Benefit from increased insight for faster financial decision-making by combining financial and operational data in new ways.
• Grant tracking and billing: Improve delivery, reimbursement, reporting, and audit of your grants with centralised and automated grant tracking and billing functionality.
• True cloud technology with open APIs: Track metrics central to your organisation's operations and programs by leveraging key data from donor management, payroll, budgeting, CRMs like Salesforce, and other existing or future systems important to your organisation.

Non-profits need accounting software that can track donations, distributions, and expenditures. They must provide reports that share the details of how and where their funds are spent and allocated. A non-profit should also maintain a statement of financial position that reflects the available assets that can be used to support its mission. Non-profits accounting software automates a number of tasks to save time and ensure full compliance.