Project Description

The Great Books Foundation uses Intacct to improve financial operations and facilitate future growth.

THE CHALLENGE:

The Great Books Foundation is a nonprofit educational organization that serves K-12 schools in the United States, and in English language schools and post-secondary schools throughout the world, supporting learning programs and book clubs, and promoting lifelong appreciation of literature. To further its mission, The Great Books Foundation needed a cloud financial management system that would enable the organization to:

Support ongoing growth using a flexible and full-featured financial management, accounting, and inventory management system.
Integrate financial management with existing Sugar CRM, osCommerce e-commerce, and other enterprise systems.
Increase ROI and minimize demands on its small IT team.

THE RESULT:

In choosing Intacct, The Great Books Foundation realized numerous organizational and financial management improvements, including the ability to halve the time required for the monthly close process, reduce auditor fees, and make faster and more strategic business decisions. And Intacct helped The Great Books Foundation:

Streamline financial processes and improve operations for inventory management and professional development programs.
Develop a fast and integrated order-to-cash process.
Dramatically reduce the year-end close, saving thousands of dollars in audit fees.

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