NetSuite: How the solution works for non-profit organizations

Management of non-profit organizations requires real-time access to specific types of data about activities that are not found in for-profit industries. That’s why NetSuite created a purpose-built version of its cloud-based enterprise resource (ERP) system that is tailored to the needs of non-profits, associations and foundations.

With NetSuite for Non-profits, non-profit organizations can manage operations from end-to-end with a single, flexible solution. Because the solution was developed by experts with a deep knowledge of how non-profits operate (including SenecaGlobal ’s Senior NetSuite Solution Consultant Philip Adams), organizations aren’t forced to adapt their processes. Rather, the solution includes modules that address their specific needs, including:

• Constituent Relationship Management - Provides a 360-degree view in one place of donors, volunteers, supporters and clients.
• Fundraising/Development/Revenue Management - Accounts for the entire revenue lifecycle from pledge to payment and beyond.
• Finance and Accounting - Automates the process of administrating accounts payable, receivables and grants management.
• ?Spend Management - Enables good stewardship of funds and the ability to gain complete control and visibility over total spend.
• ?Financial Planning - Equips managers with planning, budgeting and forecasting tools that are aligned with the non-profit mission.
• ?eCommerce - Integrates an online store with organization’s fundraising activities.
• Reporting and Analytics - Offers dashboard and reports that provide a real-time view and analysis of operations to enable smart decision making.
• Global Business Management - If needed, provides one source of truth for data about operations in multiple sites or around the globe.

Non-profit organizations need to be able to do more with every tool in which they invest. That’s why NetSuite tailors modules in the unified business management solution to help non-profit organizations achieve their goals more efficiently.?