Transparency, organization, and focus are important for any business. But they are essential for a nonprofit organization. With NetSuite, you can better serve your mission and give account to all your benefactors better than ever before.
Want more information on how NetSuite can help your nonprofit organization? Continue reading, or download the PDF data sheet on NetSuite for Nonprofit Organizations to learn more.
*Some features sold in add-on modules
Oracle NetSuite for Nonprofits is a unified business management solution that includes a variety of functionalities to help you achieve your mission. This powerful and flexible business application helps you streamline your organization, making it more efficient, and easy to run. Scale your organization more successfully with industry-leading solutions for enterprise resource planning (ERP).
NetSuite ERP is continually updated to keep pace with changing business conditions and accounting regulations. Each version includes new functions and features, so you can connect to your data from anywhere and on any device.
With NetSuite finance and accounting tools, you can seamlessly integrate your development and accounting. Spend management and financial planning tools help you optimize project and grant initiatives. These tools can also provide you with real-time visibility into spending vs. planned budget to accurately track performance.
Nonprofit accounting follows complex rules and standards. NGOs must attract grants & donations while controlling expenses related to the purpose of the organization. Typically, your accounting is subject to strict donor reporting requirements. Thanks to its multi-currency system, NetSuite ERP allows you to manage and report on transactions in multiple currencies and from various locations.
NetSuite ERP provides you with a suite of comprehensive accounting tools and adapts to evolving regulations and legal, tax, and donor requirements. NetSuite ERP also allows you to create all the necessary reports to have fully transparent accounting information and classify flows by sources of funding, objectives, or any other attribute to facilitate reviews and audits.
One of the most prominent features of NetSuite ERP is how it can help you meet reporting requirements. NetSuite ERP allows you to prepare statements of operations results and balance views on funds in the relevant formats, adapting to the needs of your board of directors and the requirements of interested parties (donors, regulatory agencies and internal and external control bodies).
NetSuite for Nonprofits can help you manage your constituent relationships and increase your fundraising effectiveness. NetSuite ecommerce solutions can help you build your online community by enabling you to sell your products & services online, including merchandise related to promoting and supporting your organization.
Streamline your global operations using NetSuite's global business management tools, and capitalize on the NetSuite global financial capabilities for operations abroad, letting the good work that you do flourish in every corner of the globe.
NetSuite ERP allows you to control the evolution of your projects, from the initial idea to its closure, track the stages from numerous points of view, and create as many reports as you require. This enables you to carry your budget forward into the following year and control your results set — all in a paperless environment — thanks to NetSuite ERP's sophisticated approval workflow and robust document filing system. NetSuite ERP offers a suite of fully-integrated applications for nonprofit organizations. Key enterprise-level modules for this sector include:
NetSuite ERP can help you automate processes, create alerts and control funds so that you can invest your resources in other more productive operations. NetSuite ERP helps you manage dozens or even hundreds of projects - each of which generates transactions that need to be processed, recorded and accounted for - so that you can track them and control the corresponding budgets in real-time.
Some modules that may be useful to nonprofit organizations are:
There are software donation opportunities for nonprofits available. For more information, visit our page for the Oracle NetSuite Social Impact for Nonprofits and Social Enterprises.