Children’s Hunger Fund Chooses Sage Intacct to Bolster Organization’s Global Impact

ATLANTA, Sept. 26, 2018 (GLOBE NEWSWIRE) -- (FTSE: SGE), the market leader in cloud business management solutions, today announced that Children’s Hunger Fund has used , a solution available in , to drive cross-program transparency and efficiency. The nonprofit organization estimates the investment paid off in less than six months.

Children’s Hunger Fund (CHF) was established in 1991 with a mission of delivering hope to suffering children. By equipping local churches for gospel-centered mercy ministry, CHF has distributed more than one billion dollars in food and other resources to children in the U.S. and around the world.

Why Sage Intacct?

After 26 years of serving children and families through local church communities worldwide, the nonprofit continues to expand its impact, adding new regional offices across the US, serving people living in poverty in 26 countries. During this growth, the organization used a fragmented network of spreadsheets to manage finances. CHF knew a cloud-based financial management solution could streamline the financial process and chose Sage Intacct after reviewing several options on the market. Sage Intacct has helped CHF address new organizational complexities and volume requirements, as well as deliver the critical insights on funding and planning it needed for long-term growth.

“We became overly reliant on massive Excel spreadsheets and struggled with fragmented, inaccurate information and inefficient, manual data entry and reporting. As we expanded, all of these issues started to bubble up and we knew we needed a system that could scale with us in the long term” said Roger Bayramian, CHF’s controller.

CHF worked with to implement Sage Intacct, realizing significant benefits, including:

• Rapid consolidation permits real-time fund allocation: CHF now easily tracks spending of restricted and unrestricted funds across specific relief projects in real-time, allowing the CHF team to make timely decisions on fund allocations.
• Granular insights for transparency and accountability for donors: capabilities enable CHF to easily track and analyze when and where each donation is spent, giving CHF donors an increased sense of transparency and accountability.
• Automation eliminates manual errors and increases productivity: CHF streamlined work, eliminating more than 40 hours per month of manual tasks and freeing team time for program analysis and strategic planning.

“Using Sage Intacct and MartusTools, we were able to condense our yearly budget process to just six weeks, and everyone is seeing the value,” said Bayramian. “I give managers access to last year’s budgets right in the system, so they can easily forecast various scenarios and better target our growth.”

For more information on how Children’s Hunger Fund uses Sage Intacct, . To learn about how Sage Intacct supports all types of nonprofit organizations, visit .

About Sage

Sage (FTSE: SGE) is the global market leader for technology that helps businesses of all sizes manage everything from money to people – whether they’re a start-up, scale-up, or enterprise. We do this through – the one and only platform that customers will ever need, comprising Accounting, Financials, Sage Intacct, Enterprise Management, People & Payroll, and Payments & Banking.

Our mission is to free business builders from the burden of admin, so they can spend more time doing what they love – and we do that every day for three million customers across 23 countries, through our 13,000 colleagues and a network of accountants and partners. We are committed to doing business the right way and giving back to our communities through Sage Foundation. Find out more at .

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