Improving financial health and sustainability
Sage Intacct, the innovation and customer satisfaction leader in cloud financial management, and GuideStar, the world’s largest source of nonprofit information, are working together to improve the financial health and sustainability for nonprofits with innovative new dashboards.
The Nonprofit Financial Board Book is a set of pre-built dashboards that automates the tracking and management of industry-wide best practice metrics to deliver real-time insights to help nonprofit organizations benchmark financial health and sustainability. Report data and dashboards 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 dashboards provide a graphical view of the key data as recommended by GuideStar and in alignment with GuideStar formats.
By incorporating best practices from GuideStar, the dashboards enable 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.
Best practice metrics deliver real-time insights into mission impact
Gain real-time visibility into key revenue composition and source
With real-time visibility, nonprofits gain insight to guide planning and strategy, while strengthening funding stability. The ability to instantly view reserves allows organizations 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, nonprofits 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
Nonprofits gain peace of mind with the “Questions to Consider” capability so no stone goes unturned. With questions to consider covering both the balance sheet and income statement topics, key stakeholders can stay on top of trends and priorities – helping ensure good decision making.
Navigate directly to GuideStar for benchmarking
Nonprofits have a direct connection to GuideStar’s benchmarking tool to ensure alignment with recommended metric and best practices.
Sage Intacct Nonprofit Financial Board Book Powered by GuideStar gives real-time visibility into a nonprofit’s financial health, so that organizations can leverage data for better decision making, Together, Sage Intacct and GuideStar are raising the bar for all nonprofits by making it possible to provide instant, actionable insight to key stakeholders.
Exclusive partnership with GuideStar
Sage Intacct and GuideStar share a common goal of enabling better financial stewardship and improved mission accomplishment based on a holistic view of the nonprofit organization. We’ve now teamed up through an exclusive relationship to help nonprofits achieve these goals.
“With the Sage Intacct Nonprofit Financial Board Book, organizations can get a more complete picture of their financial health and easily align their 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.”