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lutheran seniorlife - UNITED STATES

Lutheran SeniorLife’s finances get new lease on life with Sage Intacct

The 100-year-old organization, which provides living communities and care options for seniors, has boosted its bottom line with Sage software

Acquisition puts strain on the accounting team

Lutheran SeniorLife has expanded significantly over the years, with the nonprofit having acquired a number of complementary organizations, each of which used different accounting systems. With this increasing complexity, the organization's chart of accounts and financial processes were getting out of hand.

We wanted a platform that would build on the basic capabilities of our legacy system, with the addition of rich reporting and a more integrated multi-entity ledger.

William Thompson
Accounting Manager

Becoming more analytically minded

Having implemented Sage Intacct, Lutheran SeniorLife’s finance team has immediately streamlined several processes and gone paperless, increasing efficiency by 30%. Through these efficiencies, the finance team is becoming more analytical, even during periods of organizational change and growth.

We shifted from spending 90% of our time on day-to-day tasks, to focusing now only 50% on transactional work and 50% on more strategic initiatives.

William Thompson
Accounting Manager

Making decisions that boost revenue

Using Sage Intacct, Lutheran SeniorLife’s finance team builds personalized dashboards for executive managers that display key metrics. This self-service visibility helps the management team make critical decisions that boost revenue.

Now managers can easily see their spending compared to prior years, planned budgets and employee accounts, so they’re motivated to optimise operations.

William Thompson
Accounting Manager