By: Sage Intacct, Inc.
Cloud Financial Management for Global Operations
Women’s World Banking is a global nonprofit devoted to giving low-income women access to financial tools and resources, including a full suite of microfinance products for savings, credit, and insurance. With two nonprofit entities in the United States and the Netherlands, Women’s World Banking requires sophisticated global accounting and financial management processes to keep the organization running smoothly, including complex project accounting, grant balancing, and revenue management.
Previously, Women’s World Banking managed these processes using a combination of Blackbaud Financial Edge software in its back office with a home-grown SQL-based project accounting system for its front office, but these systems were difficult to reconcile—often giving front and back office staff a very different view of the organization’s metrics.
The organization set out to find a cloud-based solution that would support its needs, and evaluated Sage Intacct, FinancialForce, and BlackBaud’s cloud offering. “We knew Sage Intacct would increase our productivity with its easy-to-use, visually appealing interface, which we could make accessible to all of our finance and non-finance stakeholders anywhere in the world,” said Michael Mohr, chief financial officer at Women’s World Banking. “In addition, we valued the flexibility Sage Intacct would provide us down the road when we need it to integrate with our other solutions like Salesforce.com.”
For more information please contact:
Ivona Gal, CPA
Client Advisory Services Supervisor
Sage Intacct Certified Specialist