Sage Intacct is thrilled to announce a new, exclusive relationship with GuideStar, the world’s largest source of nonprofit information. During the opening keynote of Sage Intacct Advantage 2017 in Las Vegas, the two companies unveiled a new Sage Intacct Nonprofit Financial Board Book Powered by GuideStar.
The Nonprofit Financial Board book is built on the Sage Intacct platform and incorporates the best practice metrics and insight that GuideStar uses to demonstrate the financial health of nonprofit organizations, as well as ensure the organization in on track in accomplishing their missions. This new digital board book uses real-time transactional data from the system of record to automate the calculation of key financial and operational metrics important to nonprofit organizational health.
The Sage Intacct Nonprofit Financial Board Book is a real-time strategy tool that meets the specific needs of nonprofit organizations. Key metrics such as revenue composition, liquidity, and unrestricted cash are displayed via pre-built dashboards to show financial health over time. The metrics are automatically calculated using balance sheet, revenue, and expense data from Sage Intacct, and through additional operational sources from within the organization including its Donor Management Systems, Budgeting and Planning software, Payroll, and more. The dashboards help to spur conversation and analysis, while real-time delivery eliminates delays in monitoring these metrics and improves the organization’s ability to respond to unplanned changes in funding.
“Nonprofit sector leaders and practitioners know that better data can lead to better decisions and a better world. GuideStar is focused on helping organizations convert data to intelligence to strengthen mission accomplishment. These efforts were a driving factor in our decision to partner with Sage Intacct,” said Adrian Bordone, VP of Strategic Partnerships at GuideStar. “The Sage Intacct Nonprofit Financial Board Book delivers critical insights for nonprofits and meets a timely and significant market need for better access to information.”
The Sage Intacct Nonprofit Financial Board Book is expected to be generally available in early 2018. To learn more about how Sage Intacct helps nonprofit organizations, please visit https://www.sageintacct.com/nonprofit-accounting-software.