Solve It Stories - Accounting Seed ft Downtown Streets Team

Tales of Customer Success from Our Partner: How Accounting Seed helped Downtown Streets Team, Inc. save $20,000 by bringing accounting operations in-house. The Challenge: Downtown Streets Team is a nonprofit organization that combats homelessness in California by addressing people’s barriers to employment and housing. Its ability to secure government funding and donations depends on having timely and accurate financial reports. Limited visibility due to outsourcing, disparate systems, and a lack of technology support was putting its mission at risk. The Opportunity: What used to take Organizations often need to centralize their accounting operations in order to ensure financial two days using Excel stability and growth. takes two hours in Accounting Seed for How do they ... bank reconciliations. • See if they are over or under budget in real time? Now my team can • Trust that their financial information is reliable? focus on staying on • Move away from error-prone and top of our expenses. time-consuming manual processes? Marina Peterson CFO In the case of Downtown Streets Team, it needed visibility into its accounting operations in order to scale its program and use its resources more efficiently.