Case Study: Houston Community ToolBank improves nonprofit finance and back office operations with AcctTwo

AcctTwo Provides Outsourced Accounting for Houston Community ToolBank

Houston Community ToolBank, a local nonprofit affiliated with ToolBank USA, was preparing for its grand opening and a broader expansion while managing a growing inventory of tools and a fundraising effort. The organization faced the common nonprofit challenge of meeting complex finance requirements with tight budgets, manual processes, and limited back office staffing. AcctTwo provided cloud-based accounting technology and outsourced accounting services to support those needs.

AcctTwo’s services and Intacct’s cloud accounting tools helped Houston Community ToolBank track donations, monitor cash position, and report progress against fundraising goals. The system also automated fund, grant, member, and project accounting, reducing the time required to manage fund accounting by more than 90%. By outsourcing back office work to AcctTwo, the ToolBank could focus more on fundraising and serving local charities.

Houston Community ToolBank