From Excel to Excellence: How CLA Digital Empowered The END Fund

Understanding the situation

The END Fund, a nonprofit headquartered in New York, faced a significant challenge — its financial reporting process was cumbersome and inefficient. All financial data had to be exported from the general ledger into Excel, where manual calculations and allocations were performed. Additionally, the organization required a more streamlined approach to handling monthly expense allocations, which were based on variables such as headcount.

Exploring the challenge

To enhance financial reporting and system usage, The END Fund sought the experience of CLA digital for an in-depth Sage Intacct health check assessment. CLA digital:

• Implemented dynamic allocations within Sage Intacct. This automated the allocation processes and eliminated the need for manual calculations in Excel.
• Collaborated closely with members of The END Fund team, providing hands-on training on how to build reports and dashboards within Sage Intacct.
• Modernized The END Fund’s reporting. The reliance on manual processes was delaying its ability to present timely financial reports to senior leadership and the overall team.

Achieving results

Thanks to CLA digital’s assistance, The END Fund experienced a dramatic improvement in financial reporting. The finance team can now generate and present financial reports directly from Sage Intacct, significantly reducing the time spent on reporting tasks. The automation and improved data visibility have not only increased efficiency but also enhanced the accuracy of their financial data.