NEW EBOOK: Cloud Accounting Benefits for Non-Profit Healthcare
September 2, 2021
Cloud Accounting Overview
for Nonprofit Healthcare
As your organization grows in size and complexity, you reach a point where manual, time-consuming processes drain your productivity. Flying blind without real-time visibility into key metrics and outcomes is stifling your companies growth. As a good steward, you need a system that leverages the latest technology advancements.
At a minimum, a modern accounting system should automate and streamline core financial management functions such as Accounts Receivable, Accounts Payable, and Financial Close. Health-focused nonprofits have accounting, tracking, and reporting needs that require specialized functionality in their financial systems.
Our modern, true cloud solution, with open APIs, gives nonprofits the connectivity, visibility, and efficiency they need to do more with less. At Sage Intacct, we help nonprofits strengthen stewardship, build influence, grow funding, and achieve mission success.
Nonprofit finance leaders shared the internal frustrations that were serious barriers to mission impact.
This report looks at the quick pivots that manufacturers have made to online selling, show how these shifts have impacted their tax compliance requirements, and highlight how an automated tax compliance solution streamlines these activities, frees up valuable human resources, and keeps customers happy.
Reasons the cloud is right for
nonprofit healthcare organizations:
You’re always using the latest version
No more outdated software and painful upgrades
Integrated solutions for nonprofits
Open APIs let you utilize best-in-class apps (patient billing, EMR, payroll, budget, CRMs, etc.)
supports a mobile workforce
Staff and volunteers can access the system anytime and anywhere
only pay for what you use
No more complex and costly IT infrastructure
Your data is safe in the cloud
Skilled cybersecurity engineers use sophisticated software to watch over data centers
Specializing in helping nonprofits of all types including health and human services organizations, education organizations, trade and membership associations, philanthropic charities, cultural institutions, faith-based organizations, and more, Sage Intacct cloud accounting software streamlines grant, fund, project, and donor accounting, while delivering real-time visibility into the metrics that matter.
7 Reasons why nonprofit healthcare
organizations love Sage Intacct
Delivers immediate visibility
into your financial data with easy-to-use, real-time financial and operational reporting
and dashboards
Ensures control and compliance
and reduces risk and cost with automated workflow and internal controls
Maximizes stewardship
by automating grant, fund, and
donor accounting
Reduces IT infrastructure
costs and complexity
Provides anytime, anywhere access
for staff and volunteers, increasing finance department productivity by 30% or more
Integrated solutions for nonprofits
with other critical business applications
via an open API
Streamlines reporting and compliance
using built-in nonprofit-specific reports and FASB and IRS compliant financial statements.
Sage Intacct cloud accounting software allows configurable design to bring flexibility and automation to your organization’s operational workflow processes, and tracking and reporting toolsets, making compliance an ‘of course’ and freeing up time to focus on strategic financial management.
As your organization evolves, financial operations need to keep pace with transaction tracking procedures, internal controls, and reporting views that support the current and future organizational needs. Designed to evolve with your organization, Sage Intacct’s flexible and configurable architecture can be adapted to the tracking, electronic approvals, and workflow requirements for your operational structure and provide insights to best support your mission now and in the future.