Nonprofit organizations, especially those critical in helping drive social change and improving people’s lives, need help managing their financial operations, particularly as they grow in size and complexity.
Fortunately, technological advances provide new solutions to old challenges– including cloud automation.
Cloud automation is about eliminating routine tasks and processes, reducing the burden on staff and enabling nonprofit organizations to focus on their core work.
By leveraging cloud automation, nonprofit organizations can:
- improve efficiency without hiring more staff
- free up staff to focus on mission-critical work to increase their impact
- make a positive difference in the world more seamlessly
Cloud automation for nonprofit organizations is what Sage Intacct’s cloud-based financial management solution was specifically designed to do. Now nonprofit leaders can consider implementing cloud automation in their organizations to maximize these resources, do more with less and hit an efficiency stride like never before.
Cloud Automation for Bigger Impact
Cloud automation is a powerful tool that can help nonprofit organizations streamline their operations and increase efficiency. By automating routine tasks and processes, nonprofit organizations can reduce the time and effort required for administrative tasks and free up staff to focus on mission-critical work.
A key benefit of cloud automation for nonprofit organizations is saving time and reducing errors in finance. Sage Intacct’s financial management solution automates revenue recognition, reporting, and accounts payable processes, reducing the time required for these tasks like it did for one nonprofit by up to 60%.
DonorsChoose is an online charity that makes it easy for anyone to give to public schools. Teachers create projects requesting resources, and donors give to the projects they’re inspired by. Since going live on Sage Intacct, DonorsChoose has eliminated more than 50 hours of manual work each month while generating new insights that help drive its impact across the U.S.
In the end, Sage Intacct helped DonorsChoose
- Increase overall finance team efficiency by 20%
- Save 50+ hours per month on rev rec, reporting, and AP
- Shorten monthly close by 60%
Now that nonprofit organizations can close their books more quickly they can make better-informed decisions and respond more rapidly to changing circumstances.
Cloud automation is not just improving efficiency, but improving accuracy and transparency as well. By automating data entry and other everyday tasks, organizations are reducing the risk of errors for consistently accurate financial data. This enhanced visibility makes it easier to track financial performance that demonstrates the impact of their work in a way that moves donors.
The cloud simply helps nonprofit organizations to achieve their mission more effectively. By leveraging automation tools with cloud-based solutions, they’ve instantly reduced administrative burdens and manual workarounds.
The increased efficiency and improved financial management follow suit.
Sage Intacct’s Financial Management Solution
Sage Intacct’s cloud-based financial management solution, with specifications designed to meet the needs of nonprofit organizations, provides powerful automation tools allowing nonprofit organizations to save time and reduce errors in financial operations.
Take for example, an automation tool in Sage Intacct’s solution automates complex revenue recognition processes reducing the time required and minimizing the risk of errors. The accounts payable automation tool streamlines the accounts payable process, enabling quicker payment processing and much better accuracy.
But it’s Intacct’s reporting tools that provide real-time insights into financial performance and make it easier to track progress and make data-driven decisions.
Sage’s financial management solution supports remote work and collaboration, providing secure access to financial data anywhere in the world. This can help nonprofit organizations operate efficiently and effectively, regardless of where their staff members are.
Ultimately, Sage Intacct’s financial management solution helps nonprofit organizations improve their financial management and achieve their mission more effectively. By leveraging the power of automation and cloud-based solutions, nonprofit organizations can focus on their core work and positively impact their communities.
Bringing Cloud Forces
Implementing cloud automation in any nonprofit requires careful planning and consideration.
Those nonprofit leaders considering implementing cloud automation in their organizations should start with these tips:
- Assessing your needs:You’ve heard it before. Prior to implementing cloud automation, evaluating your organization’s needs and identifying areas where automation can provide the greatest benefit is important. This usually involves working with a consultant to evaluate your current processes and identify opportunities for improvement.
- Selecting the right tools: Many automation tools are available, and it’s important to select the right tools for your organization’s needs. Look for solutions specifically designed for nonprofits that provide the necessary automation capabilities.
- Ensure proper training and support: To ensure that your staff can use the automation tools effectively, providing adequate training and support is essential. Training sessions, documentation, and ongoing support should address any issues or questions that arise along the way.
Once you successfully implement cloud automation in your organization, you’ll reap the benefits of increased efficiency and improved financial management. By leveraging automation tools and cloud-based solutions, nonprofit leaders can focus on mission-critical work. With careful planning, consideration, and the right tools and support, nonprofit organizations can successfully implement cloud automation and achieve their mission more effectively.
If you are a nonprofit leader looking to implement cloud automation in your organization, consider Sage Intacct. Don’t wait – take the first step to improve your organization’s efficiency and financial management today. Book a demo to experience the benefits of cloud automation firsthand.
- What is cloud automation, and how can it benefit non-profit organizations?
Cloud automation tools automate routine tasks and processes, reducing the burden on staff and enabling non-profit organizations to focus on their core work.
- What are some examples of cloud automation tools that non-profit organizations can use?
Non-profit organizations can use a range of cloud automation tools, including revenue recognition automation, accounts payable automation, and reporting tools. Sage Intacct’s financial management solution provides powerful automation tools to help non-profit organizations save time and reduce errors in financial operations.
- How can non-profit leaders ensure that their staff members are properly trained to use cloud automation tools?
To ensure that staff members are properly trained to use cloud automation tools, non-profit leaders should provide training sessions, documentation, and ongoing support. Nonprofits often work with a consultant to evaluate current processes and identify opportunities for improvement, and provide staff members with the necessary resources to implement automation effectively.