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Faithlife corporation

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Presentation on theme: "Faithlife corporation"— Presentation transcript:

1 Faithlife corporation
Member Showcase Featuring: Faithlife corporation Presented by: Alan J. Artman

2 Member Showcase Who We Are and What We Do What Modules We Use Version
Number of Users How Long What ISV's and How We Use Them Favorite Module and Why Tips & Tricks / Way to Improve Processes (what surprised you that you didn’t know) Where Do We Go for Answers Questions?

3 Who AM I? Chief Financial Officer – handle all things finance and accounting Started my career in banking and made my way through distribution, manufacturing and now technologies Got into the systems-side of things while in manufacturing and did a lot of work on analytics and planning

4 What is Faithlife? We use technology to equip the church to grow in the light of the Bible Our primary product is Logos Bible Software and we also have a number of other products including Proclaim (church presentation software) and Faithlife Groups (networking and group management) 3.6 million registered Faithlife accounts with 360,000 active customers in 190 countries Approximately 325 employees Headquartered in Bellingham, Washington with a development office in Tempe, Arizona Started in the early 90’s and are privately-held

5 How do we use gp? GP is our accounting system – AR, AP, GL and financial reporting – proprietary customer order management and CRM integrated into GP Some 27,000 consumer payment plans – Professional Advantage Collections Management A couple thousand cash receipts a day – Nolan Advanced Bank Reconciliation Over 40 company-issued credit cards – KwikTag and KwikExpense General use – Rockton Smartfill Multiple product lines and cost centers – Management Reporter Planning and forecasting – evaluating Solver BI360

6 Small things and game changers
Credit card collection clearing Inserted a clearing account structure Wrapped Nolan ABR around it Thousands of transactions daily and everything is typically reconciled daily by 9:30 or so AR collections and credit card updates Hundreds of accounts trip 10 days weekly (expired card, credit limit, …) Collections Management Collection Plans put serious structure around the process Calls and follow-up s, s, and Letters Staff reduced by 60% with remarkably improved collections Company-issued credit cards Married KwikTag with Nolan Document storage and approval workflow and reconciliations

7 What’s up next? Wrap up the KwikExpense implementation
Tackle reporting and planning at various levels Single line to multi-division Pull reporting Sophisticated collaborative planning Expense allocations and cost accounting

8 Where do we go for help? I go to Jon
The Resource Group is an outstanding business partner Google Convergence and GPUG summit

9 Faithlife corporation
Member Showcase Featuring: Faithlife corporation Presented by: Alan J. Artman


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