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

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

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.

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.

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.

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.

Nonprofit finance leaders need to assume a more strategic role in organizational intelligence and planning. To do that, you need better visibility into both financial and operational metrics, so you can make better decisions.
In the Secrets to Gaining Visibility into Nonprofit Financials eBook, we explore the challenges of nonprofit financial reporting, reveal the secrets to gaining the visibility you need to develop winning strategies to advance your mission and discuss how your peers are using the cloud to deliver on growth strategies.

“Before, everyone was in the dark, but with Sage Intacct it’s a whole new world. Department managers can see precisely how they are doing with the click of a button . . . As a result, people are controlling their costs proactively, the organization’s overall expenses are down, we’re sticking to our budget, and our spend is under control.” Alisa B. CFO

If you’d like to explore how to better control costs and keep projects on budget, please contact us. We're happy to answer your questions and show you the solution.

In the mission-driven nonprofit world, accounting and financial management can sometimes slip down the priority list. It’s not always easy to allocate budget dollars to back office infrastructure that doesn’t directly support the nonprofit agenda, and it’s even harder to find the time and expertise to make it all work. Consider some of the obstacles:

• Capital investment for software and hardware
• Facilities and expert personnel to implement and maintain the system
• Lengthy deployment cycles
• Capacity / scalability
• Reliability / availability

These issues aren’t part of most nonprofit organization’s core competencies. That’s why many nonprofits are increasingly turning to new-generation cloud-based solutions to automate financial management. Cloud-based financials enable the application vendor to deliver shared, scalable services that the nonprofit agency can access over the Internet using a web browser or mobile device. There’s no need to buy, own, license, understand, manage, or control the underlying hardware, software, or data / networking infrastructure that supports the financial infrastructure. Cloud services are typically delivered on a term-based subscription basis, eliminating the need for upfront software licensing fees or major purchases of hardware. The result is cost-effective, anytime, anywhere managed access. While the urge might be to invest in programs rather than technology, it may be wise to calculate how a modest investment in technology can transform operations and ultimately help better manage programs. Cloud technology is much easier to implement than legacy systems of the past, and quickly delivers return on investment.

What do nonprofit financial leaders have to say about their move to the cloud?
“All of our chapters can access our cloud-based financials,” said Nikki Jones, Controller, Healthcare Businesswomen’s Association. “We have volunteers working all over the world at all hours of the day and night. With our system, they access the same world-class financial foundation that many companies use. Our board and chapter leaders have real-time access to reports, registrations, metrics, and analyses. That means we’re constantly on top of our operation and can make strategic decisions faster.  For us, the cloud is critical.  It’s the only way to go.”

“Cloud financials are absolutely key to running a nonprofit today,” said James Linday, Vice President and CFO, Great Books Foundation. “Now we can eliminate lots of manual work, be more productive, and eliminate all of those capital investments. This is a predictable, flat operating expense, and we save at least $30,000 a year this way.”

​In nonprofit financial management, survival depends on predictable costs, a reliable infrastructure, and world-class functionality.

Key Best Practices for Survival:

• Move financial management to the cloud for optimal accessibility and lower cost
• Enable global real-time access to financials, reports, and analyses
• Use cloud architectures to eliminate manual work and improve productivity while providing world-class functionality that far exceeds primitive single-user tools

To learn more about the cloud-based financials we recommend, you can view this short,  on-demand video https://rc.sageintacct.com/product-demos/sage-intacct-for-nonprofits?referral=LeafSoftware

Once again, Leaf Software Solutions has gained recognition as a leading ERP solutions firm. Leaf earned the 38th position in the much-respected “Bob Scott’s Top 100 VARs 2018.” This is a list of VARs across the United States who sell and support financial software. Ranking and selection were based on revenue, employees and financial software type. Companies represented on the list were broad in reported revenue and with a particular focus on the middle market. The financial software product lines included were Microsoft Dynamics 365 products, Sage Intacct, Netsuite, and Accumatica. Furthermore, the predominance of VARS in the list represented cloud-based business software, which supports the expected industry trend where many have or are moving away from “on-premise” systems.

Leaf Software Solutions has a long-standing presence in the Greater Indianapolis area and has spent the last 31 years accelerating commercial growth for its clients. Leaf brings a unique blend of talented business and technology resources to every project. Leaf offers a full suite of financial software options, including a robust development workforce and strategy. Leaf is recognized, by the Indiana Chamber of Commerce, as one of the Best Places to Work in Indiana, and has received this award for seven consecutive years.

Bob Scott has been informing the mid-market financial software sector through print and Internet-based publications for over 24 years and has served as technology editor of Accounting Today and as executive editor of The Progressive Accountant.

Dynamics 365 brings together the best of Microsoft’s CRM and ERP cloud offerings into one cloud service with specific, purpose-built apps for business functions. Sale, Marketing + Adobe, Finance, Project Service Automation, Customer Service, Operations, Field Service along with PowerApps, Power BI and Flow into one unified platform.

The apps are designed so they can be easily and independently deployed, which means you can start with the business area you need and scale as the business demands. All Dynamics 365 apps, plus the larger portfolio of cloud solutions like Office 365, will share a common data model so it will be a breeze to adopt additional capabilities.

​Leaf empowers organizations to leverage technology to create efficiencies and become more profitable. By combining your business logic, processes, and people with Dynamics 365 we are able to build custom end to end enterprise business software that manages any of the relationships that are critical to the success of your business.

Dynamics 365 End Users benefit?
First off, it is a gorgeous application that has a modern but familiar feel that your employees love

• Start with what you need. Dynamics 365 business apps fit specific roles so you can start with what you need and grow at your own pace. Traditionally you’d have to purchase the entire ERP or CRM together but with this decoupled approach, you can start where you want, and pay only for what you need. For example, you can get finance and then supply chain operations or customer service.
• Productivity where you need it. By connecting the structured workflow of business applications and processes with the unstructured work of collaboration and productivity, employees will be empowered with a merged world that reduces task/screen switching. The common data model makes it easier to surface context across Office 365, Dynamics 365, Power BI and more.
• Gain insights from built-in intelligence. Everyone wants dashboards and dreams of predictive and prescriptive analytics. By infusing business applications and processes with big data, advanced analytics, and IoT out-of-the-box, the tools can proactively guide employees and customers to optimal decision making and outcomes. With the power of the cloud and machine learning, you can connect what matters and transform insights into action.
• Be ready for growth. Organizations can reimagine their business models with a consistent, flexible, and extensible platform. These nimble applications will let them compose, modify and extend processes in real-time. You can deploy true unified commerce at a global scale and continue to grow and evolve the business software for a lifetime — all without the cost, complexity, and inflexibility of other solutions.