Case Study
Lauola Pono Customizes Financial Reporting with Sage Intacct
Lauola Pono implemented Sage Intacct with the help of CLA digital, enhancing nonprofit financial tracking and reporting.
Organization
Lauola Pono, a nonprofit championing Native Hawaiians’ wellbeing.
Need
Create a solid financial and accounting function to help the organization grow.
Outcome
Robust reporting that can scale for future growth.
Understanding the situation
Lauola Pono, a nonprofit startup focused on championing the wellbeing of Native Hawaiians, sought to establish a robust financial management foundation.
As the organization got off the ground, it quickly became evident they needed to get more sophisticated. Their interim approach of manually updating financials in spreadsheets wouldn’t hold up much longer. Lauola Pono needed a reliable accounting system to manage their mission and their revenue-generating service lines and activities simultaneously.
Exploring the challenge
Lauola Pono needed a user-friendly technology solution with detailed, robust reporting that can handle both nonprofit and for-profit entity activity in one system — while also being scalable for future growth.
CFO Michael Hogan had previous experience with Sage Intacct and knew it was the ideal choice. With its suitability for the nonprofit sector and reporting flexibility, Lauola Pono could support its mission effectively while also bringing transparency and accountability to the financial operations.
Michael reached out to Sage Intacct and was quickly put in touch with CLA for its deep experience implementing this tech solution in nonprofits.
CLA’s digital team worked closely with Lauola Pono to tailor Sage Intacct to the organization’s specific requirements. The team configured it to include dimensions for detailed reporting, crucial for meeting the diverse data needs of board members and stakeholders.
Achieving results
Now, with the responsiveness and support of CLA’s implementation team, this nonprofit is enjoying the benefits of a new technology solution including:
- Flexible financial reporting — Sage Intacct brings flexibility in reporting with one single chart of accounts that can produce both nonprofit and for-profit reports.
- Customized reporting — Customizing reports for various stakeholders significantly improved the organization’s financial transparency and accountability.
- Operational efficiency — Sage Intacct streamlines financial operations and seamlessly integrates with other applications, automating manual processes and increasing productivity.
With a strong financial foundation, Lauola Pono can focus on their mission instead of the minutiae.
Within months, CLA’s digital team helped Lauola Pono complete a full Sage Intacct integration, load historical data for seven months, and develop reporting that wowed senior management. The impact was revolutionary!
