Atlanta, May 22, 2023 – Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses, today announced the U.S. launch Partnership between Sage Intacct and FACTS established to provide nonprofit education organizations, particularly K-12 private, faith-based, independent, and charter schools with a comprehensive, integrated solution to help better manage school finances.
This comprehensive software suite drives digital transformation with smooth data flow to streamline school operations and allow schools to focus on what matters most – educating students. The Sage Intacct-FACTS partnership offers schools efficient financial management and nonprofit accounting with Sage Intacct, and improved education experiences with FACTS’ suite of services, encompassing application, enrollment, student information, tuition management, financial aid, and advancement.
“We are excited to partner with Sage Intacct to offer a powerful integration between our tuition management and billing system and their general ledger. This integration will save time, reduce errors, and help make the private, faith-based schools we serve more efficient in the important work they do every day,” said Scott Spethman, President of FACTS.
"Creating Sage solutions to encompass workflow connected to financials is key to our strategy. The combined proposition of Sage Intacct with FACTS delivers a world-class K-12 education solution. Together we are connecting students, families, teachers and staff with tools to drive achievement powered by accountability and transparency," said Dan Miller, EVP Sage Intacct.
This partnership provides schools with a modern, native cloud technology stack with an easy-to-use user interface, enhanced visibility, and greater transparency. With FACTS offering schools using Sage Intacct a seamless solution for integrating financial transactions, they will be enabled with a new suite of solutions to make data-driven decisions.
Mara Maddox
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Sage exists to knock down barriers so everyone can thrive, starting with the millions of Small and Mid-Sized Businesses served by us, our partners and accountants. Customers trust our finance, HR and payroll software to make work and money flow. By digitizing business processes and relationships with customers, suppliers, employees, banks and governments, our digital network connects SMBs, removing friction and delivering insights. Knocking down barriers also means we use our time, technology and experience to tackle digital inequality, economic inequality and the climate crisis. Learn more at www.sage.com/en-us/.
FACTS, a division of Nelnet, Inc. (NYSE: NNI), is committed to making educational dreams possible for families and students, as well as enhancing the financial stability and affordability of educational institutions. FACTS serves more than 3 million students and families at over 11,500 schools and manages $9 billion in tuition funds annually. FACTS offers a comprehensive suite of services including tuition management, payment processing, financial needs assessment, online application and enrollment, online payment forms, development and advancement tools, student administration software, and a learning management system. FACTS Education Solutions provides meaningful and sustainable professional development services to educators at all grade levels through online courses, custom workshops, and leadership coaching. For more information, visit FACTSmgt.com.