In the 2025 Nonprofit Technology Impact Report, nonprofit leaders identified their top initiatives for increasing their impact. Enhancing donor and grant management was #1 on the list.
One of the best ways to accomplish this is through automation. After all, it makes sense that the less time you spend on administrative tasks, the more time you’ll have to focus on connecting with your donors and supporting your recipients.
Choosing a modern and flexible financial management solution like Sage for nonprofits, which includes grant management and complete fund accounting capabilities, helps you reclaim your valuable time.
Here are three ways a modern solution like Sage Intacct can simplify grant management and more at your organization.
1. Compliant Revenue Recognition Built for Nonprofits
Sage Intacct makes it easy for your organization to reduce time-consuming ASU 2018-08 and ASC 606 compliance tasks using automation. It also provides the ability to easily manage multiple funds, even if each has a unique timeline, milestones, and conditions. In addition, Sage allows you to automatically recognize revenue on installment-based transactions across year-end, so you can keep your organization running smoothly and enjoy stress-free grant tracking.2. Integration with External Databases for Outcome-Metric Reporting
In the past, financial management systems were expected to perform financial functions. These days, effective grant management requires outcome-metric reporting, and that requires your financial management system to integrate with external databases like HMIS. With a solution like Sage for nonprofits, your team can seamlessly and securely connect to a virtually unlimited number of external databases, so you can pull relevant data into your system and automate real-time tracking and reporting on outcome metrics. This helps keep donors engaged and maintains high competitiveness to capture ongoing funding.3. Automated Purchasing & Spend Control
Revenue diversification is essential right now, but considering sky-high inflation, cost control is critical for keeping administrative expenses within an acceptable range. Sage’s nonprofit solution helps you use automated purchasing and spend control capabilities that instantly update your transactions, budgets, and dashboards. This provides the transparency your program managers need to match their spending to budget constraints. Best of all, Sage helps you achieve this while maintaining real-time insight into OpEx usage and shrinking the burden of error-prone and time-consuming manual accounting tasks across your organization.…And More
Of course, grant management is only one part of the tasks your nonprofit organization does every day, and it’s only one part of Sage Intacct’s capabilities, too. Sage also delivers:- Push-button consolidation that rolls up finances automatically for multiple entities across multiple currencies
- Multidimensional reporting with unlimited dimensions, so you can report on all the metrics that matter most to you
- Agile budgeting and planning that help you fully understand your performance and what you can realistically deliver when your funding changes
