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women's world banking - UNITED STATES

Women's World Banking realizes dramatic efficiency savings with Sage Intacct

Global nonprofit, devoted to giving low-income women access to financial tools and resources, streamlines its financial reporting using Sage software.
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Finding a system capable of handling sophisticated global accounting

With two nonprofit entities in the United States and the Netherlands, Women’s World Banking requires sophisticated global accounting and financial management processes to keep the organization running smoothly, including complex project accounting, grant balancing, and revenue management. But its existing system wasn’t up to the task.

We valued the flexibility Sage Intacct would provide us down the road when we need it to integrate with our other solutions.

Michael Mohr
CFO

Eliminating the manual data entry

By eliminating its parallel project management system and reducing time spent on data entry from twenty to just six hours each month, the organization has cut its Accounts Payables time by two-thirds with Sage Intact. Women’s World Banking has also replaced an old Excel workaround by adding a web-based timesheet solution, which plugs right in to Sage Intacct.

The finance team can easily pivot all financial activity by funder and project simultaneously with a push-button report in Sage Intacct.

Michael Mohr
CFO

Complete transparency

Sage Intacct’s ability to capture the most granular transaction details helps Women’s World Banking easily maintain a sophisticated fund accounting structure for each of its three entities. As a result, the organization has complete transparency into its balances by entity, grant, donor, or even projects.

Cash is king in our world, and with Sage Intacct’s outstanding ability to handle our grant management needs, we now have a real-time view.

Michael Mohr
CFO

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