The heart and soul you pour into your community are invaluable. The work you do isn’t just about numbers on a balance sheet; it’s about changing lives, offering hope, and building stronger communities. Behind the scenes, effective financial management plays a big role in sustaining and expanding the impact of your Community Action Agency (CAA).

Let’s take a look at how community-based organizations are using modern cloud accounting solutions to overcome challenges with internal processes.

Why Sage Intacct is the Clear Choice for Community Action Agencies

Traditional accounting systems often fall short, leaving much to be desired while organizations grapple with slow (—or delayed) workflows, inefficient processes, and inadequate reporting capabilities. Sage Intacct offers a robust, cloud-based solution that addresses these issues head-on.

By moving to Sage Intacct, CAAs can benefit from the following:

Real time reporting & dashboards.

Easily provide reporting information to program directors with drill-down financial information segmented by Head Start, Weatherization, Energy Assistance, etc.  Financial managers can make informed decisions quickly, responding to emerging needs and opportunities in the community. You’ll no longer deal with the pain of delayed access or hours of time spent building reports.

Easily manage multiple entities, projects, and programs.

Gain real-time visibility across the organization (consolidated views, revenue, and expense by programs, cash trends, etc.)   You can easily manage, add, and report on multiple funds, missions, and entities from a single, unified system.  Gain visibility into multiple entities and the ability to create consolidated reports for funders.

Accurately allocate expenses and revenues across different dimensions and entities.

Assign administrative costs to the program areas by performing sophisticated allocation calculations within the software itself – not via external spreadsheets.  With the two types of Sage Intacct allocations, organizations can easily automate the process of distributing costs and revenues, saving valuable time and resources.

Better track grant expenses.

Easily report and compare budget to actuals on grants that have reporting periods that differ from or cross your organization’s fiscal year.  Track grant expenses by funding agency as well as the fiscal year associated with the award itself.

Reduced IT infrastructure costs.

Sage Intacct lessens the burden of IT support needed to run smoothly. The cloud-based system eliminates the need for expensive hardware and constant maintenance, freeing up resources that can be better spent on community services.

Data integrity and accuracy.

Feel unburdened from outdated tech and manual, error-prone processes to empower your community and respond quickly to rising needs.

With Sage Intacct, your financial data is no longer a static record or a number on a spreadsheet, but instead a dynamic tool for strategic planning and measuring your real-world impact. This tool empowers you to optimize your processes and make data-driven decisions, all while freeing up your time and energy so you can better serve your community.

Best of all, it’s intuitive and easy to use! The agility offered by this best-in-class software helps your organization remain proactive rather than reactive, driving positive outcomes more effectively.

Sage Intacct Overview Demo for Community Action Agencies (29:58)

Building a Better Future for Your CAA with Efficient Budgeting and Planning

Managing multiple funding sources, ensuring compliance, and maintaining accurate financial records are all barriers to overcome for achieving mission success —and we understand that it can be overwhelming.

You’re likely all too familiar with having to juggle multiple programs within multiple systems with specific compliance requirements, making accurate budgeting a time-consuming and daunting task. The manual processes and disparate systems traditionally used can lead to painful inefficiencies, errors, and a lack of visibility into financial performance, further complicating your budgeting and planning process. On top of that, the need for timely, detailed reporting for various stakeholders can put even more pressure on an already overburdened staff.

With a solution like Sage Intacct, you can alleviate these challenges with advanced budgeting and planning modules that offer real-time visibility, automation, and compliance. This allows your team to focus more on their core mission and strategic initiatives, impacting change and achieving your CAA’s goals.

Reclaim Valuable Time for Greater Community Impact

Often operating under tight budgets and limited resources, CAAs rely heavily on operational efficiency to better serve their communities. Your time is a valuable resource that plays a powerful role in driving the success of your programs.

How Sage Intacct can help save time and speed up critical processes:

  • Streamlined Core Financials – By automating routine tasks and reporting such as accounts payable, receivables, and bank reconciliations, your agency can free up staff for more impactful work.
  • Audit Readiness – Sage Intacct makes sure you’re always prepared for audits by maintaining detailed financial records and providing easy access to historical data. Built-in audit trails enable quick retrieval of documentation, streamlining audit preparation and offering a smoother process.
  • Seamless Integration – Integrate with other systems that you use on a regular basis (such as donor management, payroll, and client management software). Say goodbye to your dreaded, inefficient data silos, and focus more on your mission.
  • Budgeting and Grant Management – Robust tools for budgeting and grant management simplify the process of creating detailed budgets, tracking expenditures, and generating compliance reports.

Empower Your Agency with Financial Transparency and Accountability

Stakeholders and donors need assurance that funds are being used effectively. Sage Intacct excels in providing real-time reporting to promote financial integrity, transparency, and accountability. The intuitive software is specifically designed with your community’s needs in mind, ensuring that financial data is easily accessible and understandable, supporting your organization’s commitment to financial stewardship.

Modernizing your technology solution will give you the flexibility and freedom you need to scale and grow, which is why Sage Intacct is a clear choice for Community Action Agencies. When other solutions fall short, Sage Intacct stands out as a robust, user-friendly accounting software offering deep financial insights and automation capabilities.

Taking the Next Step

By adopting Sage Intacct, you can unlock your full potential and make an even greater impact on the communities you serve. Reach out to the experts at DWD today to get started with a free Software Needs Assessment to help determine your specific needs and find the best software solution for your Community Action Agency.