AcctTwo delivers the reporting requirements for Cambodian Children’s Fund’s different stakeholders.
Founded in 2004, Cambodian Children’s Fund is a non-profit that provides life-changing education, nourishment and healing to vulnerable children from some of Cambodia’s most destitute communities. Cambodian Children’s Fund cares for more than 2,000 students and 10,000 people annually, providing to entire families and communities in crisis. For the children of the Steung Meanchey area of Phnom Penh, education is their lifeline out of poverty and Cambodian Children’s Fund offers an award-winning education aimed at providing hope, opportunity and security.
Cambodian Children’s Fund was outgrowing its existing financial software. They were always running three weeks behind on their financials and this led to wasted resources and poor reporting/metrics. Cambodian Children’s Fund needed a cloud-based accounting solution that could:
Delivering up-to-date custom reports to Cambodian Children’s Fund’s donors was the main driving force behind the search for a new accounting software system.
Cambodian Children’s Fund chose AcctTwo to implement Sage Intacct, a cloud-based accounting software solution. AcctTwo enabled them to significantly improve accounting processes (no more tedious Excel spreadsheets) and deliver complete transparency to their donors.
Financial transparency is a common concern for many nonprofits. In addition, many stakeholders and donors have different reporting criteria and custom reports have to be constructed. Sage Intacct’s Dimensions feature met the reporting requirements for Cambodian Children’s Fund’s different stakeholders and provide complete transparency across the organization. Since AcctTwo's implementation, they have:
AcctTwo enables the transparency Cambodian Children’s Fund needs and the opportunity to grow their organization without worry that they’ll outgrow their accounting solution.