The Sage Foundation is the philanthropy project of Sage One - an online accounting software aimed at small businesses. The Sage Foundation is a bit different from Sage One because of it focus on small to medium nonprofits organizations and charities.
In Use: The Sage Foundation has a unique model that they continue to perfect throughout the years. Their model is a simple math equation whose sum attempts to bring economic stability to disadvantaged communities around the world. Their 2+2+2 model was developed in hopes of creating a positive social impact around the world, aiming to help numerous charities through grants, volunteering, and donations.
The first “2” represents time that Sage One and their employees donate to charities. Sage employees (yes all 14,000 of them) are encouraged to take five days out of their work year and volunteer at a charity or nonprofit organization of their choice. This is roughly 2% of their time.
The second “2” depicts 2% of free cash flow as the Sage Foundation provides grants and business opportunities for those who may not be able to otherwise. An example could be a person who wants to create a business but doesn’t have the money to invest in it. 2% of free cash flow also refers to Sage One’s commitment to match employee charitable donations through their fundraising efforts throughout the year.
Finally, the last 2 pertains to licensed software that is given to nonprofit organizations around the world. The Sage Foundation recently developed a software donation program. A charity can complete an eligibility form and obtain a 30-day free trial of Sage One software. If after the 30 days are up, if they wish to continue using Sage One, they must contact a Sage One representative to confirm eligibility status. If they meet the criteria, the nonprofit is granted a 12-month subscription to the software for free. The nonprofit can then re-apply each year to renew their license if they wish to do so.
Technology Used: As long as a client has reliable internet access they can get the full benefit of Sage Foundation. This includes pulling reports and other essential accounting functions found within the software.
Easy of Use: Like any new software, the Sage One software takes time to get used to. With numerous tools and features a first time user will want to explore their software before actually using it. Sage One makes it easy by offering each client a chance to demo the product. If after some time the user still has questions, Sage One has customer service representatives handy either by telephone or by chat to answer any questions they may have about the product.
Recap: The Sage Foundation is a sector of Sage One whose goal is to help underprivileged communities around the world. They do this by donating their software, volunteering their time, and giving grants to nonprofit organizations and charities.
Advantages · Due to Sage Foundation’s software donation program, a nonprofit organization has access to their software for free · Customers service representatives are available by phone or chat if any questions arise · Customer service will be available 24/7 within the next year
Disadvantages · Sage One’s software was created for start up businesses and nonprofit organizations. Organizations of medium to large size will be underwhelmed with the lack of resources provided to them. · Many of the functions are very basic. As a nonprofit grows- they may grow out of the software.
My Opinion: I always find it inspiring when a company goes out of their way to ensure social stability and support those less fortunate. While many companies and businesses around the world write checks, Sage One is going ten steps forward by launching a program dedicated to helping nonprofits thrive and in turn helping the underprivileged community succeed.
While medium to large nonprofits may be dissatisfied, by the software, it’s nonetheless a great starting point for smaller, up and coming charities. Through the Sage Foundation’s software donation program, a nonprofit can obtain this accounting software for free, so there’s absolutely no risk. And for a small nonprofit this can make all the difference.
Danielle Vitali got her B.F.A. in
Creative Writing from Emerson College. She is now a freelance writer and works
as the social media manager at a busy Irish pub in Boston. She's is also the
author of a comic book entitled, "The Superhighs"
and writes a blog called, "Sir I Think
You've Had Too Much." In her spare time she loves reading
graphic novels, writing, and playing with her dog Guinness.