UPDATE -- Nonprofit Whole Family Health Center uses Sage Intacct to boost accounting efficiency 80% and gain agility during COVID-19
ATLANTA, April 23, 2021 (GLOBE NEWSWIRE) -- Sage (FTSE: SGE), the market leader in cloud business management solutions, today shared the financial management efficiencies and insights Whole Family Health Center gained by moving its financial software to the cloud. Migrating from Sage 50 to Sage Intacct – just as the COVID-19 pandemic struck in March 2020 – Whole Family’s finance team has been able to absorb new workloads and demands triggered by the pandemic. Overall accounting efficiency has leapt at Whole Family, a nonprofit healthcare provider on Florida’s Treasure Coast, as it has eliminated nearly 50 hours of manual accounting work each month and reduced its monthly close time by 73%.
Improved efficiency and capacity have been critical as Whole Family added 10 new providers during COVID-19 at clinics in Fort Pierce and Vero Beach. As a Federally Qualified Health Center (FQHC) Look-Alike, Whole Family Health Center provides services to underserved communities and clients regardless of their socio-economic status. In addition, new federal funding brought strict reporting requirements that were challenging – with Sage Intacct’s robust dimensional reporting, Whole Family is now meeting those nonprofit reporting requirements with ease.
“We have a lot on our plate, and Sage Intacct has been very helpful in how we can run reports by funding source and any other dimension,” said Sabrina Rivera, AP and payroll specialist at Whole Family. “Our COVID-related grant reporting would have been difficult if we were relying on spreadsheets.We don't have the luxury of the days it would have required to produce those customized reports.”
Founded in 2013 and growing its workforce from 60 to 105 full-time staff over the last four years, Whole Family has realized several transformational improvements with its move to Sage Intacct, including:
Overseeing a cost-sensitive nonprofit, Whole Family’s executive team was initially skeptical that a new accounting platform was needed. Once Sage Intacct was implemented, they have been delighted with marked improvements in reporting speed, depth, and presentation. "Our executive team has been giving us compliments on how great the reporting has been with Sage Intacct. They can understand the reports and the numbers very easily,” added Rivera.
For more information on how Whole Family Health Center is benefiting from its graduation to Sage Intacct, read the full case study here.