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Deseret Mutual Benefit Administrators - United States

Deseret Mutual Benefit Administrators makes time savings with Sage Intacct

Third-party benefits administrator saves over 30 hours a month and gains data-driven insights with Sage Intacct financial management software
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Legacy system unable to handle financial complexities of a nonprofit

As a third-party administrator, Deseret Mutual Benefit Administrators (DMBA) faced complex financial management challenges that its outdated, on-premises legacy accounting system wasn’t able to handle. Ultimately, this meant a lot of manual work for the accounting team and limited financial visibility across the organization.

We were spending more time creating financial statements than analyzing them.

Todd Hansen
Controller

New solution handles requirements with ease

DMBA is enjoying dramatically improved financial management efficiency and insights with Sage Intacct, allowing the accounting team to slice and dice its data with ease. Monthly financial statements can be generated in minutes rather than days, while the number of accounts has been cut from 10,000 to 500 in a shared chart of accounts.

This level of efficiency gives us much more time for analysis, giving us a huge business advantage.

Todd Hansen
Controller

Increased influence

DMBA is making the most of Sage Intacct reports and financial dashboards to ensure that leadership has accurate, real-time information. By providing this key insight when it’s needed, the finance team has become a more influential partner to the business, whilst having more time to go above and beyond.

Sage Intacct has really brought us into the modern age of accounting.

Todd Hansen
Controller

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