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USA Fencing is a nonprofit with a mission of growing the centuries-old sport of fencing. Restricted funding sources expect detailed financial visibility in their own reporting periods, requiring USA Fencing’s finance team to spend at least a day each month manipulating data in Excel in order to get beyond the limited information in its standard QuickBooks reports and produce project budget updates for different fiscal and calendar periods.
It became clear that they needed a more powerful system to handle their nonprofit accounting needs and they soon began looking elsewhere.
Results with Intacct
- Cut month-end reporting period in half
- Modernized time-consuming financial processes
- Established a healthy asset balance