Date post: | 28-Jan-2018 |
Category: |
Economy & Finance |
Upload: | raffa-learning-community |
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2018 SURVIVAL GUIDE FOR
NON-PROFIT FINANCE TEAMS
FEATURING
Helping Great Organizations Thrive
www.raffa.com P: 202.822.5000 F: 202.822.0669
JANUARY 23, 2018
Page 1
WHAT’S ON TAP
INTRODUCTIONS & AGENDA
CLOUD SOFTWARE ADVANTAGES
KEY ISSUES FACING NONPROFIT ORGANIZATIONS
INTRODUCTION TO SAGE INTACCT
DEMONSTRATION OF SAGE INTACCT
QUESTIONS & ANSWERS
Page 2
MUTUAL INTRODUCTIONS
WHO’S IN THE ROOM?
Your name and organization
Size of organization
Current accounting system
Challenges & concerns with current system(s)
What would your ideal accounting system look like
RAFFA
Seth Zarny – Partner
Buu-Linh Tran – Manager
Jeremy Taro – Account Executive
Page 4
LARGEST ACCOUNTINGS SYSTEMS PROVIDER
• We support over 1,600+ Nonprofit and Professional
Services organizations nationally.
• 300+ specialists on staff at all levels
• Support over 300 Financial System Clients
• Certified System Consultants, Certified Project Management
Professionals, Business Process Consultants
34 YEARS SERVING DC, MD & VA
19 PARTNERS, INCLUDING 10 WOMEN PARTNERS
WOMEN-OWNED FIRM
MULTI-CULTURAL WITH DIVERSITY AT ALL LEVELS
PRIME GLOBAL ALLIANCE MEMBER
RAFFA OVERVIEW
Raffa is nationally recognized with access to all the
resources of the largest international firms. Our mission is
be a catalyst for positive, systemic change in our
communities.
WIDE RANGE OF SERVICES
• Technology Solutions
• ERP & Accounting Systems
• Software Development
• Managed IT Services & CIO Advisory
• Audit and Tax
• Managed Accounting
• HR Consulting
• Business Advisory
• Forensics and Litigation Support
• Employee Benefit Plans
• Search and Transition Services
NATIONALLY RECOGNIZED:
• Top 100 Largest Accounting Firms
• Top 100 ERP VAR (Bob Scott & Accounting Today)
• Top 100 and Fastest Growing Value Added Reseller
Page 5
WHAT IS THE CLOUD?
National Institute of Standards and Technology (NIST)
Cloud computing - model for convenient, on-demand network
access to shared pool of configurable computing resources
(e.g., networks, servers, storage, applications, and services).
Rapidly provisioned and released with minimal management
effort.
Cloud computing provides computation, software, data
access, and storage services – does not require end-user
knowledge of physical location and configuration of the
system that delivers services.
Page 6
CLOUD: KEY ATTRIBUTES
AGILITY: IMPROVED RE-PROVISIONING
COST: MEASURABLE RETURN ON INVESTMENT, COSTS DISTRIBUTED
OVER MANY USERS
DEVICE & LOCATION INDEPENDENCE: ALL HTML5 SUPPORTED DEVICES
CAN CONNECT
MULTI-TENANCY: KEY ISSUE FOR ERP
RELIABILITY: MULTIPLE REDUNDANT FAILOVER SITES & SYSTEM
SECURITY
SECURITY: PROVIDERS DEVOTE MORE RESOURCES
MAINTENANCE: UPGRADES INSTALLED CENTRALLY DOWNTIME
ELIMINATED
Page 7
KEY ISSUES FOR NON-PROFIT FINANCE
REAL TIME FINANCIAL REPORTING
GRANT / PROGRAM / PROJECT REPORTING & TRACKING
CASH VS. ACCRUAL BASIS ACCOUNTING
SUPPORTING SEPARATE SET OF BOOKS FOR FUND ACCOUNTING
DISTRIBUTING FINANCIAL RESPONSIBILITIES TO BUDGET OWNERS
TRACKING RESTRICTED VS. UNRESTRICTED DOLLARS
Page 8
INTRODUCTION TO SAGE INTACCT
BEST IN CLASS FINANCIAL MANAGEMENT SYSTEM
True Software-As-A-Service (SAAS)
Local Partners
Annual Subscription Costs
Preferred provider of the AICPA
STRONG FINANCIAL & ACCOUNTING FUNCTIONALITY
Outgrowing QuickBooks
Interested in Cloud Financials
Nonprofit Focus
Project Oriented Firms & Professional Services Firms
Business Process Automation
JE, AP, AR, Purchasing, Grants, Bank Rec
Time & Expense
Billing & Revenue Recognition
VERY SATISFIED CLIENT BASE (OVER 11,000 CLIENTS)
WORLD-CLASS DATA CENTER OPERATIONS
99.992% availability for 2016
Industry leading SLA’s
SSAE 16 Audited & PCI DSS Compliant
Successful DCAA Audits
Multi-Company
Multi-Entity
Multi-Currency
Consolidated Financials
Real Time Financial Visibility
Prebuilt Financial Reports
Dashboards
Page 9
INTACCT PARTNER ECOSYSTEM
120+ partners 75% of customers integrate with 2+ partners
Integration & Web Services Flexible Reporting Unlimited Dimensions Workflow
Automation Intuitive & Easy to Use Large Ecosystem of 3rd Party Software Partners
Page 10
SAMPLE INTACCT CLIENTS
95% Customer Satisfaction
Real
Value12,000+Growth Companies
Growing with
Intacct
Page 11
SAGE INTACCT SOLUTION PRESENTATION
OVERVIEW & DIMENSIONS
BUSINESS PROCESS AUTOMATION
FINANCIAL REPORTING
GRANT MANAGEMENT
Page 12
SAGE INTACCT DIMENSIONS
DIMENSIONS
Customer
Vendor
Employee
EntityDepartmentProject
Class
Item
Who?
Where?
What?
Collect key data for analysis
Helping Great Organizations Thrive
Seth Zarny – Partner
301.279.6500
Buu-Linh Tran – Senior Manager
301.279.6511
Jeremy Taro – Account Executive
301.279.6504