Sage Intacct and GuideStar Improve Financial Health & Sustainability for Nonprofit Organizations with Innovative Dashboard

SAN JOSE, Calif. , April 18, 2018 -- Sage Intacct, the innovation and customer satisfaction leader in cloud financial management solutions, and a solution available in Sage Business Cloud, today announced the general availability of the new Sage Intacct Nonprofit Financial Board Book Powered by GuideStar.

The Nonprofit Financial Board Book is a dashboard that automates the tracking and management of industry-wide best practice metrics to deliver real-time insights to help nonprofit organizations benchmark the financial health, sustainability, and its mission impact. Metrics are seamlessly calculated using real-time 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 dashboard provides a graphical view of the key metrics recommended by GuideStar for nonprofit organizations.

“Sage Intacct and GuideStar entered into an exclusive partnership to raise the bar for all nonprofits. Together, we are providing nonprofit organizations with a powerful tool to easily manage their financial health and stability,” said Dan Miller, VP of Product for Sage Intacct. “Our new Nonprofit Financial Board Book incorporates best practices from GuideStar and enables nonprofits to more easily keep an eye on their balance sheet performance, funding mix, and the overall composition of key revenue sources to ensure sustainability.”

“When nonprofits bring both discipline and passion to mission accomplishment, everyone benefits,” said Adrian Bordone, VP of Strategic Partnerships for GuideStar. “With the Sage Intacct Nonprofit Financial Board Book, organizations can get a holistic view of their financial health and easily align efforts with the key metrics GuideStar has identified for nonprofit success. We aim to ensure organizations have the financial capacity to deliver on their missions in an increasingly competitive funding environment.”

With the Sage Intacct Nonprofit Financial Board Book Powered by GuideStar, nonprofits can:

• Gain real-time visibility into key revenue composition and source
  With real-time visibility, customers gain insight to guide planning and strategy, while strengthening funding stability. The ability to instantly view reserves allows customers to sustain any short-term gaps and expand funding diversity.
  
  
• Monitor organization health with key metric visualizations
  With access to visuals of key balance sheet metrics that align with GuideStar recommendations, customers can easily track trend lines and changes for a more complete picture of financial health, while informing planning and strategy for proactive management.
   
• Guide discussions with “Questions to Consider” content
  Customers gain peace of mind with the “Questions to Consider” capability so no stone goes unturned. With questions about income to the balance sheet, this function helps organizations ensure they’re making the right decisions.
   
• Navigate directly to GuideStar for benchmarking
  Customers have a direct connection to GuideStar’s benchmarking tool to ensure alignment with recommended metric and best practices.

“The new Financial Board Book from Sage Intacct and GuideStar helps nonprofit organizations measure against industry benchmarks from GuideStar,” commented Braam du Plooy, controller, Atlanta Convention and Visitors Bureau. “Comparing your numbers to those from others in your industry is particularly helpful when managing budgets. This dashboard will make it much easier for organizations to stay on top of their key financial health metrics and know that they are aligning with the best practices from GuideStar.”

Availability
The Sage Intacct Nonprofit Financial Board Book Powered by GuideStar will be generally available on Friday, April 20 from Sage Intacct and its network of partners. To learn more, please visit here.

About GuideStar
GuideStar is the world’s largest source of nonprofit information, connecting people and organizations with data on 2.7 million current and formerly IRS-recognized nonprofits. Each year, more than 9 million people, including individual donors, nonprofit leaders, grantmakers, government officials, academic researchers, and the media, use GuideStar data to make intelligent decisions about the social sector. GuideStar Nonprofit Profiles are populated with information from the IRS, directly from nonprofits, and via other partners in the nonprofit sector. In addition, users see GuideStar data on more than 200 philanthropic websites and applications. GuideStar is itself a 501(c)(3) public charity. www.guidestar.org

About Sage Intacct
Sage Intacct is the innovation and customer satisfaction leader in cloud Financial Management. With the powerful combination of Sage and Intacct, the Sage Business Cloud offers the best capabilities of both companies. Bringing cloud computing to finance and accounting, Sage Intacct’s innovative and award-winning applications are the preferred financial applications for AICPA business solutions. In use by organizations from startups to public companies, Sage Intacct is designed to improve company performance and make finance more productive. Hundreds of leading CPA firms and Value Added Resellers also offer Sage Intacct to their clients. The Sage Intacct system includes accounting, cash management, purchasing, vendor management, financial consolidation, revenue recognition, subscription billing, contract management, project accounting, fund accounting, inventory management, and financial reporting applications, all delivered through the cloud.

Sage Intacct is based in San Jose, California and is an entity of Sage, the market and technology leader for integrated accounting, payroll and payment systems, supporting the ambition of entrepreneurs and business builders, and a FTSE 100 business. For more information on Sage Intacct, please visit www.sageintacct.com or call 877-437-7765. Connect with Sage Intacct on LinkedIn, Facebook, Twitter, Instagram, and YouTube.

About Sage
Sage (FTSE:SGE) is the global market leader for technology that helps businesses of all sizes manage everything from money to people – whether they’re a start-up, scale-up or enterprise. We do this through Sage Business Cloud – the one and only business management solution that customers will ever need, comprising Accounting, Financials, Enterprise Management, People & Payroll and Payments & Banking.  

Our mission is to free business builders from the burden of admin, so they can spend more time doing what they love – and we do that every day for three million customers across 23 countries, through our 13,000 colleagues and a network of accountants and partners. We are committed to doing business the right way, and giving back to our communities through Sage Foundation.

Find out more at www.sage.com/en-us.

Sage Intacct and the Sage Intacct logo are trademarks or registered trademarks of Sage Intacct, Inc. and/or its affiliates. Other company and product names mentioned herein may be trademarks of their respective owners.

Press Contact:
Peter Olson
Sage Intacct
408-878-0951
[email protected]
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