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Public insurance fund drives 75% efficiency gain with Sage Intacct

Public insurance fund drives 75% efficiency gain with Sage Intacct

Sage
Pages 5 Pages

CIRA replaced Sage 100 and manual spreadsheets with Sage Intacct to modernize fund accounting, improve transparency, and support its merger. Automation cut AP processing from days to hours, accelerated invoicing and collections by 60 percent, and reduced the monthly close by 95 percent. Bank reconciliations that once took a week now take hours. Multi-dimensional reporting gives clear visibility into each coverage line, helping leaders track reserves, deficits, and claim liabilities. These gains delivered a 75 percent efficiency boost and $100,000 in annual savings.

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