Sage announced that Agemark turned to the Sage Intacct financial management solution for comprehensive visibility into business performance. By upgrading from on-premises Sage 50 software and optimizing its use of Sage Intacct, the organization adopted mature, standardized financial practices. This allowed Agemark to only grow finance headcount 20% even as its network grew exponentially from 10 to 25 assisted living and memory care communities across six states. Agemark is known for creating innovative programming that provides quality lifestyles to seniors and their families. The organization operates several services with various income streams, including multiple levels of resident care, residential rental fees, investment partnerships, property ownership, and facility management. These evolving business models, along with Agemark’s constant growth, require complex accounting workflows and reporting that were impossible to support using the company’s previous accounting system. After moving all bookkeeping out of individual communities and into a centralized finance team, Agemark reconfigured its implementation of Sage Intacct to take full advantage of the software’s multi-entity capabilities. With this robust foundation in place, Agemark’s finance team easily supported the business as it more than doubled in size, achieving the following results: Gained unprecedented visibility into key operational and financial performance indicators, Rapidly secured loan forgiveness funding during Covid-19, Slashed monthly close cycle by half and Improved finance team retention through more value-added work.