The Canadian Centre for Ethics in Sport (CCES) is an independent, national, nonprofit organization. Their mission, to foster ethical sport for all Canadians, is carried out through research, promotion, education, detection and deterrence, as well as through programs and partnerships with other organizations.
What was holding them back?
As the demands on the organization grew, the Canadian Centre for Ethics in Sports (CCES) struggled with providing transparency and accountability from their legacy DOS-based system. The software was too cumbersome to allow them to optimize fund management, provide budgetary control, or manage complex reporting requirements, and manual processes were slowing down their efficiencies. Because of this, they began to look for a system that was better-tailored towards their specific needs as a Nonprofit.
How we helped
Since Sparkrock's Finance & Accounting solution is built specifically for nonprofits, CCES’ users found it easy to understand and navigate, and having quick access to data at their fingertips allowed them to easily make important financial decisions based on real-time information. The main strength of the system, though, is its flexibility with reporting on project streams, ease of producing financial statements, and ability to quickly retrieve historical transactional information.
Some other main advantages achieved by implementing a new system include:
- Optimized fund management
- Tighter budgetary controls due to automated accounting, budgeting and reporting tasks
- Time savings due to efficient, real-time reporting
- Greater departmental integration due to the robust nature of the system
- Ease in producing financial statements
- Easier administration due to personalized, data-centric admin with access to AP, AR and GL
- Automated requesting, budget check, and approval processes
How they now leverage technology to serve more people
After a very rapid implementation - about one month - the staff at CCES noticed immediate time savings, as the retrieval of pertinent financial information became much easier to access. Integration across departments saved CCES an initial $25,000 in accounting costs, and even in the early stages, time savings of half an FTE allowed staff to move from manual clerical work to automated, analytical processes. Data access outside of administration office walls also allowed for more efficient, real-time reporting.