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Leaf Blog

Case Study: Probo Medical’s Growing Pains Compel Accounting Software Upgrade

4/2/2021

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Probo Medical Case Study Accounting Software
Find out how Probo Medical successfully navigated through big business changes during fast-paced growth by implementing a Sage Intacct Cloud Accounting solution.
 
At Probo Medical, moving away from QuickBooks was paramount, since handling a multi-entity structure with multi-currency capabilities, integrating Salesforce, and customizing the accounting functions and reporting features were necessary for the continued success of the business.
 
Read the full case study here.
 
Ready to find out how Leaf can help you navigate through business change? Please schedule an appointment here. Our consultative approach ensures you’re getting much more than software. We’ll work alongside you as a true business partner.
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Just Published - 2021 Nonprofit Technology Trends Report

3/2/2021

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Hot off the press is the 2021 Nonprofit Technology Trends Report. The report shares the results of over 500 nonprofit finance leaders who participated in the survey. Available in the report are the survey results around the topics of funding and donors; programs and services; communication and constituent engagement; market trends; technology; and accounting and financial management software.

When Sage Intacct published the 2020 Nonprofit Technology providing insights into how nonprofits leverage technology to achieve their mission, it was February. And then . . . we had no idea how our world would be turned upside down just one month later.

Respondents to the 2021 nonprofit technology survey are sharing their insights through a completely different lens. And while the impact of the pandemic is significant, there are some signs that allow for optimism.

We are happy to offer the results of the 2021 Nonprofit Technology Report as a free download.

Download the 2021 Nonprofit Technology Report

The global pandemic and the subsequent health and economic impacts have forced people around the world to alter their day-to-day activities. The nonprofit community faced a dichotomy of grappling with organizational disruptions, while also being looked to for leadership to support and respond to the overwhelming societal challenges.

As nonprofits dealt with market uncertainty, higher demand for services with fewer resources, and the need for innovations to overcome challenges, many turned to technology to address these issues. In an industry where dollars mean the difference between having or not having meals, housing, healthcare, or education, the right technology can help improve efficiency, achieve compliance, save money, and ultimately, deliver greater mission impact.

With that in mind, Sage Intacct once again launched its annual nonprofit technology survey. Over 500 nonprofit finance leaders in the U.S. participated in the research study, providing their perspective on the industry, the challenges they face, and the technology engagement – in and out of the context of the pandemic.

If your nonprofit organization is ready for digital transformation, the power and flexibility of the cloud, and the ability to better manage team members working remotely, we can help. Contact us at info@leafsoftwaresolutions.com and we’ll talk at a convenient time for you.
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Leaf Software Solutions Named as One of the Best Places to Work in Indiana 2021

2/23/2021

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2021 Best Places To Work in Indiana
CARMEL, IND. (February 24, 2021) - Leaf Software Solutions was recently named as one of the Best Places to Work in Indiana. This 16th annual program was created by the Indiana Chamber of Commerce and Best Companies Group.

Leaf Software Solutions has earned Hall of Fame status, as this is the 10th year earning the award. Hall of Fame companies are those that have been named a Best Place to Work in Indiana at least 60% of the time in the program’s history.

This statewide survey and awards program is designed to identify, recognize and honor the participating employers in Indiana with the leading workplace cultures. The list is made up of 125 companies.

“We have many tremendous employers in the state, so it’s great to see more and more companies take part in this effort to evaluate their workplace cultures and gain the recognition they deserve,” says Indiana Chamber President Kevin Brinegar. “These companies consistently demonstrate to their employees how much they value their contributions.”

Mike Wilson, Chairman at Leaf Software Solutions stated, “Our team at Leaf is a sophisticated, educated, and fascinating diverse group of individuals. My gratitude not only extends to our staff but also our community of friends, clients, and vendors who all contribute to make Leaf a great asset to Indiana.”

​To be considered for participation, companies had to fulfill the following eligibility requirements:
  • Be a for-profit, not-for-profit business or government entity;
  • Be a publicly or privately held business;
  • Have a facility in Indiana;
  • Have at least 15 employees working in Indiana;
  • Be in business a minimum of 1 year. 

Companies from across the state entered the two-part survey process to determine the Best Places to Work in Indiana. The first part consisted of evaluating each nominated company's workplace policies, practices, philosophy, systems and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies and the final rankings. Best Companies Group managed the overall registration and survey process in Indiana, analyzed the data, and determined the final rankings.

The final rankings will be announced at an awards ceremony on Thursday, May 6, 2021, and then published in the Indiana Chamber’s BizVoice® magazine after the event.

For more information on the Best Places to Work in Indiana program, visit www.BestPlacestoWorkIN.com.

About Leaf Software Solutions: Leaf Software Solutions has been delivering mission critical business solutions for 34 years. Our consultative approach results in custom-tailored solutions that create value for your business. Learn more at www.leafsoftwaresolutions.com.
 
For more information contact:

Leaf Software Solutions
Marty Bird
317-814-8000
mbird@leafsoftwaresolutions.com

-END-
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Combine Your Business Applications Under One Common Platform - Microsoft Teams

1/11/2021

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Combine Your Business Applications Under One Common Platform
Are your siloed applications prohibiting your business from being more productive? Let us help you discover a consolidation platform you may already be using for simple conferencing and collaboration: Microsoft Teams. We can leverage the tools Microsoft has created to bring together your business applications onto a single platform that saves hours every day.

Combine Your Business Applications Under One Common Platform
  • Businesses we work with often have multiple business applications they work with to run their day-to-day operations - one may be for sales, one for operations, one for marketing, and one for customer service. End users bounce between these applications throughout the workday.
  • When the amount of time savings is added if those activities and applications were brought under a single platform, that could represent significant change for an organization.
  • While Teams does not replace those applications, it does represent a consolidation platform. What we’ve seen with our customers is we can leverage the tools Microsoft has created to bring together those business applications onto a single platform.
  • Teams becomes the vehicle by which we can surface and ultimately deploy those applications.
  • We are seeing organizations that have a large user base in Teams – currently used for chat, collaboration, and video conferencing – seamlessly integrate formerly siloed business applications into Teams. This creates synergy and efficiency that saves hours of time per day. This can have an immense impact on the productivity of the organization.
  • View Part 3: Combining Business Applications Under One Platform.

We can partner with your organization to surface these types of opportunities to make your business more efficient. We can take disparate systems and bring them together. We’d love the opportunity to start a conversation.
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Eliminate Repetitive Tasks with Microsoft Teams

1/11/2021

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Eliminate Repetitive Tasks with MS Teams
​Do you have redundant and inefficient tasks taking place in your organization? Of course, but who wants to admit it? We have discovered additional functionality within MS Teams that goes a long way towards eliminating time wasting activity in your business. Intrigued?
​

Eliminate Repetitive Tasks with Microsoft Teams
  • How can Microsoft Teams be leveraged to eliminate and or replace redundant and inefficient tasks in your organization?
  • Let’s say you have a sales team making outgoing phone calls. They only want to make that call when that company is open. Prior to making the phone call, a spreadsheet, post-it note, or colleague had to be involved to help find those business hours. Once armed with that information, the original application is accessed, and the phone call is made. This back and forth between applications takes the user out of context and needlessly eats up a lot of time.
  • By leveraging the capabilities of Microsoft Teams, the business hours lookup can be integrated with a chat bot, instantly retrieving information with a simple company  inquiry. The chat bot can be programmed to access the data that was once housed separately. The sales agent stays within the same context, saving time, and making more phone calls. Adding these time savings across your organization nets big benefits. This simple example represents one of many use cases we have encountered that result in significant benefits to the organization.
  • Microsoft has invested heavily in extending and building out a platform that can now be customized in ways that required custom programming in the past. If you’re intrigued by how Teams can further be expanded and deployed within your organization to surface business critical actions, let’s start a conversation.
  • View Part 2: Eliminating Repetitive Tasks.
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Extend, Scale, and Grow the Impact of Microsoft Teams

1/7/2021

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Extend, Scale, and Grow the Impact of MS Teams
We wanted to share an opportunity we discovered hiding in plain sight that may help improve your business, like it has for some of our customers.
 
In conjunction with the popularity of Microsoft Teams (the chat, document collaboration, and online meeting software platform), Microsoft has opened up the ability to develop and deploy additional functionality using that platform to consolidate your common, more time-consuming business software activity. Your staff can be much more effective by remaining in one platform, instead of jumping from one program to another.


What is Microsoft Teams?
  • At its core, Teams is a chat, online meeting, and document collaboration platform.
  • Beyond that, Teams represents a unique opportunity for you and your organization to bring together disparate and siloed applications on to a single platform.
  • Microsoft realizes the opportunity this represents and continue to invest heavily in building out the capabilities and feature sets within Teams.
  • We’ve seen our clients take advantage of this capability to improve business processes by establishing a common platform for chat and collaboration.
  • Teams can be transformational, taking mundane and repetitive tasks and standardize on one platform to drive efficiency within the organization.
  • There are many uses cases that Teams represents to combine or even replace business applications with an organization.
  • Leaf has helped companies use Teams as a platform to extend, scale, and grow the impact Teams has on the organization. There is potential to strategically leverage MS Teams to impact far reaching areas of your business.
  • View Part 1: Extend, Scale, and Grow the Impact of MS Teams.
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Senior Living Case Study - Multi-Entity Financial Management to Support Future Growth

11/16/2020

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Senior Living Case Study - Multi-Entity Financial Management to Support Future Growth
As a finance professional in a Senior Living / Assisted Living organization, you may be experiencing growth beyond the capabilities of your current financial software package. Sage Intacct handles multi-entity organizations with ease. See the case study below for further clarification.

In Search of Multi-Entity Financial Management to Support Future Growth
Personal Healthcare, a senior care facility management organization, previously used outside accountants and an industry-specific software suite to manage its financials, but the software failed to keep up with the company’s rapid growth trajectory. The old software couldn’t support paperless financial processes or provide transparency into revenues, payroll, and expenses across different states, facilities, or departments.

“We chose Sage Intacct over healthcare industry solutions because it was immediately clear that it would be incredibly easy for all of our staff to use, and it allows us to configure the system to our very specific needs,” said Israel Ostrovitsky, controller at Personal Healthcare. “Sage Intacct gives us the flexibility to customize virtually any report and analyze our financial data using key operational metrics like cost per-patient-per-day - a measure that’s extremely important in a business as specialized as senior care.”

Please access the entire case study to learn more here.

Questions on how Leaf can improve your Senior Living / Assisted Living business with cloud financials? Please contact us and we'll collaborate towards a solution. 
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Nonprofit case study - Keeping Pace with High Growth Demands at Meals on wheels

11/16/2020

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Meals on Wheels Case Study
Are you a finance or accounting leader in a growing nonprofit organization? Then this case study will go a long way to help you understand the impact of implementing cloud based financial software.  

Challenges
Keeping Pace with High Growth Demands

Meals on Wheels America is the leadership organization supporting the more than 5,000 community based programs across the country that are dedicated to addressing senior isolation and hunger. The nonprofit’s challenge is to prepare the network that already serves 2.4 million Americans each year to meet the increasing demands of a rapidly growing senior population.

Meals on Wheels America needed modern financial management to keep up, as Don Miller recognized when he joined the nonprofit as chief financial and administrative officer in 2013. “I walked into an organization that was running on QuickBooks and Excel and was very limited by its systems, especially when it came to managing grants,” Miller said. “I knew we needed an accounting system that could help us grow.” As it was, Meals on Wheels America faced tons of time-consuming manual accounting work, and relied on Excel to manage grant funding - which was especially problematic with restricted grants from funders that specify a particular use. Reporting was severely limited, and travel and expense accounting was still done on paper.

Please download the complete case study here: 
https://online.sageintacct.com/rs/473-QSL-641/images/cs_Meals_on_Wheels.pdf

Questions on how Leaf can improve your nonprofit organization with cloud financials? Please contact us and we'll collaborate towards a solution.
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Senior Living – Assisted Living Organizations: What’s Next with HIPAA?

11/9/2020

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What's Next with HIPAA?
Webinar November 19, 2020 at 2:00 pm Eastern
With all of the changes happening in healthcare, the need for Personal Health Information (PHI) in your finance and accounting system is growing. What PHI will you be using and why? Have you thought about the effects of HIPAA compliance on:
  • Working from home
  • New business and delivery models
  • New payment models
  • 2021 HIPAA requirements
 
If you haven't - you should, or you could end up on the HHS "breach portal." Paul Johnson, Partner in Wipfli LLP's Risk Advisory Services practice, will join us to talk HIPAA in the light of today's healthcare environment.
 
November 19 2pm Eastern - Register Here

Sage Intacct is the #1 cloud financial management system for data-driven, growing healthcare organizations. Our security safeguards have been certified as HIPAA- and HITECH-compliant by Avertium (formerly Sword & Shield), and Sage Intacct is the only accounting software endorsed by the AICPA.

If you need help evaluating whether Sage Intacct would be the right financial management solution for your organization, schedule an appointment and let's talk. We are here to help.
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Audit Ready Financials for Nonprofits - Webinar

11/9/2020

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Audit Ready Financials Webinar
Webinar: Wednesday November 18, 12:00e/11:00c
You've just wrapped up another audit -- or maybe you're in the midst of planning for the next one. How can you be better prepared?

Revenue, receivables, and consolidation. Typically, financial statement audits get derailed by deficiencies in these 3 areas. Join Sage Intacct to hear real stories of good and bad audits directly from a financial auditor. You'll learn how cloud accounting software can reduce your audit risk and have you well prepared every time auditors open your books.
 
Join us for this one hour webinar and discover:
  • How to Improve your process for preparing audit-ready financials
  • The 3 key steps you don't want to miss
  • Ways to ensure your organization earns a "clean" opinion from your auditor
register now
If you need help evaluating whether Sage Intacct would be the right financial management solution for your nonprofit, schedule an appointment and let's talk. We are here to help.
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Financial Visibility Equals Financial Viability for Home Health Organizations

11/2/2020

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Financial Visibility Equals Financial Viability for Home Health Organizations
In our continuing efforts to keep the Senior Living / Assisted Living verticals informed in the cloud financials space, we thought it would be relevant to post this new research that may affect your organization. 

New research indicates most home health and hospice leaders are exposed to serious financial risks due to the lack of access to real-time financial data and business analytics. This comes at a time when daily management of key performance indicators has never been more important as providers attempt to navigate new payment models and predict the financial impact of COVID-19.

​Over the past 12 months, financial complexities have grown exponentially, and business leaders are being challenged like never before to manage cash flow. Unfortunately, real-time visibility into financial and operational performance continues to evade most providers. 

Now is the time organizations must evaluate their financial management systems to ensure they get the visibility they need - when they need it - to navigate these challenging times ahead.

A recent study conducted by Porter Research and sponsored by Sage Intacct reveals that many of the most popular financial accounting systems are severely lacking in their ability to provide home health and hospice business leaders the insight they need. The majority of the providers are using outdated methods and limited, on-premise financial accounting systems that are putting their long-term viability at risk.

Download the complete white paper, 'Financial Visibility = Financial Viability in a Post-Pandemic Society' here.

Ready for more information? Please schedule an appointment and we'd love to collaborate on a project to help with your cloud financials.
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The Nonprofit CFO's Survival Guide White Paper

11/2/2020

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Nonprofit CFO Survival Guide
Increasing revenue. Consolidating across multiple entities. Budgeting. Implementing internal controls. Facilitating audits and compliance reporting. Sometimes, it’s easy to overlook the fact that CFOs of nonprofit and for-profit organizations alike, share many of the same challenges in pursuit of the same overarching goal: optimizing the returns of the organization’s activities by carefully managing all aspects of its finances.

But, of course, in the nonprofit world, it’s not about maximizing profitability it’s about maximizing impact. Nonprofits typically pursue a “mission-first” philosophy, aiming to achieve greater social or philanthropic goals and balance the competing interests of social mission and a sound financial foundation. The result is a host of additional challenges that can burden the nonprofit finance team and its financial software infrastructure.

The fact is, it’s never easy to be a CFO. Regardless of the organization, every CFO faces both common and unique challenges and pressures. However, in many ways, financial leaders at nonprofits must address even greater difficulties than their for-profit counterparts. It can be a result of thin or part-time staffing (and sometimes merely volunteers). There are always tight budgets, primitive tools (think of dozens of spreadsheets from multiple contributors), and far-flung management teams. Nonprofit CFOs are under the gun to achieve so much: to automate processes, improve productivity, create greater levels of transparency and visibility, enhance the governance of the organization, and strengthen the team’s decision-making and strategic focus.

How can a CFO survive this challenging environment? The guide linked below discusses some of the key challenges, special requirements, and unusual constraints of financial management and shares some tips and best practices from numerous nonprofit finance experts.

Download the white paper ‘The Nonprofit CFO’s Survival Guide’ here.

Ready for more information? Please schedule an appointment and we'd love to collaborate on a project to help with your cloud financials.
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Senior Living – Assisted Living Financial Dashboards and KPIs That Matter

10/26/2020

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Senior Living – Assisted Living Financial Dashboards and KPIs That Matter
Leverage real-time visibility and insights to make more informed decisions.
The healthcare industry is undergoing exceptional change . . .

And that’s without the added pressure of a global pandemic. While the world attempts to come to terms with a new normal, healthcare organizations are on the front lines of this crisis. And for an industry that has always been about helping others, maybe this information can provide you some help. 

We’ve spoken to healthcare organizations about their approach to managing their financials during this unprecedented time. Their best advice? Focus on what you can control. You have a wealth of knowledge and data at your fingertips - you just need to figure out how to harness it so that you can make changes on the fly and stay nimble.

In good times and bad, healthcare CFOs and CEOs need better visibility into both financial and operational metrics to allow for more data-driven decisions. Research shows that healthcare CFOs would like to move away from being a financial “scorekeeper” and assume a more strategic partnership in organizational intelligence and planning.

Interested in reading more?
View the eBook: Healthcare Financial Dashboards and KPIs That Matter - How to leverage real-time visibility and insights to make more informed decisions

Questions on how Leaf can improve your Senior Living / Assisted Living business with cloud financials? Please contact us and we'll collaborate towards a solution.

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Energizing and Evolving Finance at a 100-Year-Old Senior Living Organization

10/19/2020

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Energizing and Evolving Finance at a 100-Year-Old Senior Living Organization
Moving from Transactional Accounting to Analytical Decision Support
With a rich 100-year history of serving seniors and their families through a variety of health, wellness, and social services, Lutheran SeniorLife's business has expanded significantly over the years. Most recently, the nonprofit acquired some organizations that provide visiting nursing and human services, each of which used different accounting systems. With this increasing complexity, Lutheran SeniorLife's chart of accounts and financial processes were getting out of hand, and its finance team decided to centralize core functions and move all 24 entities onto one robust platform.

Around this time, the organization also migrated its clinical system to HealthMEDX, and went in search of a user-friendly financial management solution that could connect with its new software to help improve productivity across the board. “We wanted a platform that would build on the basic capabilities of our legacy system, with the addition of rich reporting and a more integrated multi-entity general ledger,” said William Thompson, accounting manager at Lutheran SeniorLife. “We chose Sage Intacct over Oracle and Microsoft Dynamics for its flexibility and ability to eliminate manual work in support of our goal – to transform the traditional approach to finance, and alter the mix of our finance team’s skills towards more financial analysis, risk management, and forecasting.”

Interested in learning more?
Read the full case study here: https://rc.sageintacct.com/customer-case-studies/lutheran-seniorlife

Questions on how Leaf can improve your Senior Living / Assisted Living business with cloud financials? Please contact us and we'll collaborate towards a solution. 
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Avoid HIPAA Fines - Remain Compliant with Sage Intacct

10/12/2020

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HIPAA Through the Eyes of a CFO
Are you a finance leader within a Senior Living / Assisted Living organization? Then you’re concerned about protecting the privacy of patient information. Since Sage Intacct is committed to safeguarding your organization's protected health information, we want to make sure you're aware of Sage Intacct’s compliance with HIPAA.

Please view this on-demand presentation entitled “HIPAA Through the Eyes of a CFO" to find out more about how Healthcare organizations are utilizing Sage Intacct, the only HIPAA compliant mid-market cloud financial solution, to monitor their performance and keep their financial processes running smoothly.
 
Please do not hesitate to reach out to us with any questions you might have.
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Datasheet: Cloud Accounting Software for Senior Living / Assisted Living Organizations

10/5/2020

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Datasheet for Cloud Accounting Senior Living / Assisted Living
Senior Living / Assisted Living organizations face unique challenges and need technology to better understand their practice and succeed in the future. As the need to use Protected Health Information (PHI) to understand the health of practices grows, so does the need to maintain HIPAA compliance and keep PHI secure - including in your accounting system.

Leaf Software Solutions and Sage Intacct are passionate about building accounting software solutions that help you better understand your business, maintain HIPAA compliance, and succeed in the evolving healthcare industry.

Please download this datasheet to learn much more about how cloud accounting software can impact your Senior Living / Assisted living organization. If you have any questions, please contact Leaf today.
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Healthcare Hangout for Senior Living and Assisted Living Finance Professionals

9/28/2020

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Healthcare Hangout for Senior Living and Assisted Living Finance Professionals
Healthcare Hangout - Complimentary Online Series for Assisted Living and Senior Living Finance Professionals
Join these 30-minute sessions and take the opportunity to network, learn and share with your finance peers. The healthcare industry is experiencing exceptional change, but how can we, as finance leaders, lead our organizations out of crisis and reignite growth? Let’s discuss and share strategies for gaining visibility and insight into organization financials, using technology to drive growth, and insights into what’s next for the healthcare industry.

Topics in the series include:
  • The Paperless Office
  • Partner Conversation: Replacing Manual Tasks to Increase Efficiency
  • Evolving Payments and Delivery Models
  • What's New with HIPAA
  • What's On Tap for 2021

See this link for the series schedule and descriptions for all sessions. Missed a session? You'll find the recording at the link as well. Please let us know if we can be of assistance by scheduling an appointment here.
Register Now
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Nonprofit Storytelling eBook - Using Data and Performance Metrics to Motivate Donors

9/21/2020

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Nonprofit Storytelling eBook - Using Data and Performance Metrics to Motivate Donors
With new challenges in nonprofit giving, the need to engage your donor base is more important than ever. Staying connected to your donors and communicating your impact can help ensure your organization continues to get the funding you need to continue your good work.

In the eBook, ‘Nonprofit Storytelling: Using Data and Performance Metrics to Motivate Donors’, you’ll learn how to leverage your financial data and performance metrics to better tell your story. You’ll also get best practices along with specific examples of how you can elevate your story to strengthen long-term sustainability.

Download your copy here.

​If you’d like to better understand what Sage Intacct can do for your organization, please contact us.
DOWNLOAD EBOOK
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Digital Transformation for Nonprofit Finance Teams - On Demand Video

9/14/2020

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Digital Transformation for Nonprofit Finance Teams Video
Cloud computing has revolutionized nonprofit accounting and financial management. What will be the next wave of change? We believe it will be Digital Transformation.

Join us for ‘Digital Transformation for Nonprofit Finance Teams’

This popular webinar, now on demand for you to watch at your leisure, will feature:
  • Survey results – nonprofit leaders reveal their greatest challenges
  • What digital transformation means for your organization
  • How artificial intelligence (AI) is supporting digital finance transformation
  • Nonprofit transformation stories
  • Leveraging technology to make it happen
Click here to view the on-demand presentation.

Sage Intacct nonprofit accounting software gives you features for centralized control and distributed responsibility in one system – contact us, we’d be happy to show you how.

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How to Speed Up Your Nonprofit Audit with Audit-Ready Financials

9/8/2020

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Is Your Nonprofit Audit Ready?
Are your nonprofit financials audit-ready? Do your financials present the lowest possible risk of errors, earning a “clean” unqualified opinion from your independent auditor?

With growing competition for funding and intensified scrutiny by stake holders, audit-ready financials are vital for your nonprofit organization’s mission success.

Download ‘How to Speed Up Your Nonprofit Audit with Audit-Ready Financials’ 

In the eBook, you’ll gain insights into the key to audit-readiness, learn how to properly organize and prepare audit-ready financials, and see how nonprofits like yours have been able to shorten audit preparation time by 62%.

We hope you find value in this resource - please contact us at info@leafsoftwaresolutions.com with your questions.
download ebook
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