Benefits of Cloud Accounting Software for Congregations and Faith Ministries
As your congregation or faith ministry grows in size and complexity, you reach a point where manual, time-consuming processes drain your productivity. Flying
blind, without real-time visibility into key metrics and outcomes is stifling growth. As a good steward, you need a system that leverages cloud accounting with the latest technology advancements.
At a minimum, a modern accounting system should automate and streamline core financial management functions such as Accounts Receivable, Accounts Payable,
and Financial Close. But you can hardly fuel your growth and need for accountability and transparency by simply automating the minimum. Faith-based organizations have accounting, tracking, and reporting needs that require specialized functionality.
Today, inflexible, inefficient, and outdated on-premises software is rapidly being replaced by a new breed of modern cloud solutions. Over 90 percent of businesses report using cloud solutions today, and faith ministries are no exception.
Church Administrators Share Their Stories
“Moving to a one hundred percent work-from-home arrangement has created very limited disruption with our finance team,” said Glenn Wood,
Pastor of Church Administration at Seacoast Church. “We still have to physically pick up the mail but with Sage Intacct, we have been able to completely manage the finances of our congregation remotely during the COVID-19 crisis. It’s business as usual for us. This is just another reason a cloud-based accounting system works for Seacoast.”
According to Amber Cheong, Director of Finance at Sandals Church, “Before, they [executives] had to wait until accounting closed the month and emailed them a report. Now they go online and see how they’re doing in their department or campus in real-time. Our executives now know where we stand financially. The new insights we have with Sage Intacct have been extremely valuable in supporting our growth and our mission.”
“Because of our streamlined processes, our existing finance staff is in a great position to support Potential Church even as we add another ten campuses,” said Reggie Alexis, Controller at Potential Church. “As a matter of fact, we were able to reduce our accounting staff by one and avoid another full-time hire, saving us approximately $80,000 each year as a result of the extreme efficiencies we’ve gained with Sage Intacct.”
Want to learn more, check out the eBook… The Benefits of Cloud Accounting Software for Congregations and Faith Ministries.
How Sage Intacct Can Help
From multi-campus churches and global mission trips to schools and seminaries, faith-based organizations and churches of all denominations need strong financial management as they pursue their missions. Save money, automate processes, strengthen management controls, and improve transparency with Sage Intacct.
- Gain real-time insights across your organization.
- Automate your accounting process for greater efficiency.
- Say goodbye to manual reporting.
- Keep it in the cloud reducing the upfront expenses and IT headaches.
We can help you prepare an ROI analysis for your key stakeholders and discover how you can lead your organization to better stewardship and greater impact. Our mission is to help you succeed with your mission.