Case Study: SUNY Cobleskill improves endowment tracking and reporting with AccuFund

SUNY Cobleskill cuts endowment allocation time from hours to 30 minutes with Accufund

The State University of New York (SUNY) Cobleskill was struggling to manage its foundation's 250 endowments using a DOS-based accounting system and manual Excel spreadsheets. This process was cumbersome, time-consuming, and prone to error, making it difficult to track allocations, generate reports, and provide a clear audit trail. They sought a solution to automate these processes and turned to AccuFund for its Accounting Suite with the Allocations module.

By implementing AccuFund, SUNY Cobleskill automated its endowment and allocation tracking. The solution drastically reduced the time required to calculate allocations from several hours to just thirty minutes, increased accuracy, and improved reporting. AccuFund provided a clear audit trail and enabled the foundation to easily generate the financial statements and donor reports essential to its operations.

SUNY Cobleskill