GuideStar, The Future of Nonprofit Financial Reporting

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We all know financial reporting and visibility for nonprofits can be tough but with the help of GuideStar and Sage Intacct, reporting should become less of a chore and more of a tool that empowers your organization.

Sage Intacct and GuideStar have created a Financial Board Book dashboard that deliver real-time visibility into several facets of nonprofit organizations. Using real-time balance sheets, expense data, and revenue pulled directly from Sage Intacct, users get a window into their financial health, mission impact, and sustainability.

The functions of this dashboard are far-reaching. Outlined below are just some of the features that GuideStar has laid out on their blog about the partnership.

  • Gain real-time visibility into key revenue composition and source
    With real-time visibility, customers gain insight to guide planning and strategy, while strengthening funding stability. The ability to instantly view reserves allows customers to sustain any short-term gaps and expand funding diversity.
  • Monitor organization health with key metric visualizations 
    With access to visuals of key balance sheet metrics that align with GuideStar recommendations, customers can easily track trend lines and changes for a more complete picture of financial health, while informing planning and strategy for proactive management.
  • Guide discussions with “Questions to Consider” content
    Customers gain peace of mind with the “Questions to Consider” capability so no stone goes unturned. With questions about income to the balance sheet, this function helps organizations ensure they’re making the right decisions.
  • Navigate directly to GuideStar for benchmarking
    Customers have a direct connection to GuideStar’s benchmarking tool to ensure alignment with recommended metric and best practices.

The dashboard is available today and Alta Vista Technology is here to help you. If you would like more information about the Financial Board Book or cloud ERP from Sage Intacct, drop us a line on our contact page or give us a call at 855-913-3228. We take pride in being part of your solution!