Case Study: Educational Alliance achieves a 66% faster month-end close and 90% fewer errors with Nexonia

A Nexonia Case Study

Preview of the Educational Alliance Case Study

Digitizing finance helped this non-profit improve their month-end close time by 66% without relying on paper

Educational Alliance, a century-old Manhattan non-profit serving 50,000+ New Yorkers through 38 programs, was struggling with paper-based expense and AP processes across 15 sites. Handling over 1,000 invoices and expenses monthly, the organization faced lost or illegible receipts, duplicate entries, coding errors, disconnected accounting, slow approvals and month-end closes that were consistently more than 30 days overdue.

By implementing Nexonia Expenses and Accounts Payable with a bi-directional Sage Intacct integration, Educational Alliance digitized approval workflows, enabled digital receipt capture, and eliminated double-entry. The result: a 66% faster month-end close, 90% of errors caught before processing, an airtight audit trail, improved cashflow forecasting by program/location, and more time for AP to analyze spending and negotiate savings.


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Educational Alliance

Anthony Herrera

Financial Systems Manager


Nexonia

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