Roman Catholic Diocese of Portland Improves Operational Efficiency by 10 Percent with Sage Intacct

SAN JOSE, Calif., Feb. 21, 2018 -- Sage Intacct, the innovation and customer satisfaction leader in cloud financial management solutions, today announced that the Roman Catholic Diocese of Portland, Maine, selected Sage Intact, a solution available in Sage Business Cloud, to improve financial processes across its organization. Within a year of implementing Sage Intact, the software has paid for itself and the diocese increased operations efficiency by ten percent.

Why Sage Intacct?
The Roman Catholic Diocese of Portland, Maine is a complex organization that includes more than 100 separate parishes, schools, foundations and other entities. It was searching for a solution that could manage these complexities and streamline reporting, consolidations, accounts payable, and expense management. With Sage Intacct, the Diocese has met organizational needs and increased value-added services.

“Initially, we didn’t think we would find a solution that could work for all of our entities, because they’re each so different. But, when we found Sage Intacct’s cloud financial management software, we knew the whole organization needed to make the switch,” said Laurie Downey, Controller, Roman Catholic Diocese of Portland. “Sage Intacct has everything we were looking for – the ability to do real-time consolidations, robust reporting, a flexible general ledger, strong internal controls with levels of user access, and an intuitive interface.”

The Portland Diocese worked with Sage Intacct partner CliftonLarsonAllen to implement the cloud financial management solutions and has achieved significant benefits since, including:

Timely, accurate insight into parish operations: There’s been a significant increase in financial visibility across the organization and real-time updates from parishes.

Improved overall finance efficiency: The necessary data is always available, saving a 60 hour process and allowing for an immediate monthly consolidation. The organization has improved efficiency by ten percent and Sage Intacct has paid for itself in the first year of use.

Ease of use: Organizing workflows across a network of more than 100 entities is complex. The Portland Diocese found that Sage Intacct simplified the process.

“The Catholic Foundation of Maine has complex reporting requirements for its temporarily restricted, permanently restricted, and net asset funds,” said Downey. “Sage Intacct’s flexible general ledger effortlessly supports it all through dimension values – I just click a button and the foundation’s financial reports run perfectly in Sage Intacct.”

For more information on how the Portland Diocese uses Sage Intacct, view the full case study here.

About Sage Intacct
Sage Intacct is the innovation and customer satisfaction leader in cloud Financial Management. With the powerful combination of Sage and Intacct, the Sage Business Cloud offers the best capabilities of both companies. Bringing cloud computing to finance and accounting, Sage Intacct’s innovative and award-winning applications are the preferred financial applications for AICPA business solutions. In use by organizations from startups to public companies, Sage Intacct is designed to improve company performance and make finance more productive. Hundreds of leading CPA firms and Value Added Resellers also offer Sage Intacct to their clients. The Sage Intacct system includes accounting, cash management, purchasing, vendor management, financial consolidation, revenue recognition, subscription billing, contract management, project accounting, fund accounting, inventory management, and financial reporting applications, all delivered through the cloud.

Sage Intacct is based in San Jose, California and an entity of Sage, the market and technology leader for integrated accounting, payroll and payment systems, supporting the ambition of entrepreneurs and business builders and a FTSE 100 business. For more information on Sage Intacct, please visit www.sageintacct.com or call 877-437-7765. Connect with Sage Intacct on LinkedIn, Facebook, Twitter, Instagram, and YouTube.

About Sage
Sage (FTSE:SGE) is the global market leader for technology that helps businesses of all sizes manage everything from money to people – whether they’re a start-up, scale-up or enterprise. We do this through Sage Business Cloud - the one and only business management solution that customers will ever need, comprising Accounting, Financials, Enterprise Management, People & Payroll and Payments & Banking.  

Our mission is to free business builders from the burden of admin, so they can spend more time doing what they love – and we do that every day for three million customers across 23 countries, through our 13000 colleagues and a network of accountants and partners. We are committed to doing business the right way, and giving back to our communities through Sage Foundation.

Find out more at www.sage.com/en-us.

Sage Intacct, Intacct and the Sage Intacct and Intacct logos are trademarks or registered trademarks of Sage Intacct, Inc. and/or its affiliates. Other company and product names mentioned herein may be trademarks of their respective owners. The use of the word “partner” does not imply the existence of a legal partnership relationship.

Press Contact:
Peter Olson
Sage Intacct
408-878-0951
[email protected]
https://twitter.com/PeterOlsonPR