In this Sage Intacct ACUI Customer Success Story, The Association of College Unions International (ACUI) is a nonprofit educational organization that supports thousands of campus community builders at over 500 schools around the world. The association enriches student unions through education, advocacy, and services. In recent years, many nonprofits like ACUI have been increasing the business rigor across their operations by more proactively addressing programs that fail to hit sales goals or other KPIs. To promote this mindset, the organization’s finance team wanted better visibility into costs, profitability, and budget variance than it could get with its existing on-premises accounting system
Thanks to Sage Intacct, ACUI’s executives are now able to do more proactive financial planning, and regional staff and volunteers can always see where their P&Ls stand at any moment so they know where to focus in order to improve profitability. In the future, the organization plans to bring statistical data—such as conference attendance numbers and cost of goods sold for retail promotional products—into Sage Intacct. This will help the team monitor cost ratios across programs so they can prioritize accordingly, adjust pricing models as needed, and carry over best practices from one program to another.
Key Outcomes in Success Story:
Software payback in less than 6 months based on business value alone
Automated several manual workflows to increase efficiency by 35%
Shortened bank reconciliations from 5 hours to 5 minutes
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