February 18, 2023

Community Foundation Saves Over $24k with Sage® Intacct®

With $1.4 billion in assets under management across thousands of funds, and annual growth of 10% to 20%, Arizona Community Foundation (ACF) struggled to efficiently manage its complex operations using labor-intensive processes and legacy, on-premises software. The organization’s previous Blackbaud FIMS system made it cumbersome to track and manage funds from inbound donor gifts, various shared investment pools, and outbound grants. ACF wanted a modern, flexible solution that could be configured to a community foundation’s unique donor management needs, while providing robust general ledger accounting capabilities.

The ACF finance team decided to implement both Sage® Intacct® and Salesforce CRM to help streamline and automate their end-to-end donor, grantmaking, financial, and reporting processes. As a result, the organization kept pace with over 11% transaction volume growth, processed 6.5% more grants, and saved $24,600 per year in technical infrastructure.

Learn more about how Sage® Intacct® software helped Arizona Community Foundation save time and improve their processes.