How NetSuite ERP solutions help Non-profitable Organizations

How NetSuite ERP solutions help Non-profitable Organizations

Many Non-Profit Organizations face a lot of problems during their day-to-day operations. They usually run multiple different applications and spreadsheets, and lack tools that are affordable and purpose-built to meet their unique needs.

With over 1,500 successful implementations, NetSuite has a wide-range understanding of Non-Profit organizations across all sub-sectors and the multiple challenges they face. We’ve used the experience gained from these deployments to develop a simple solution with leading practices specifically for Non-Profits. Designed to lower costs, streamline business processes, and boost productivity.

With the help of NetSuite’s unified business management solution, non-profit organizations can manage their day-to-day operations into a single, flexible and strong business application such as CRM, ERP, inventory management, e-commerce, and many more. Basically, non-profit organizations need technology to work:

  1. The huge complexity in processes and operational challenges
  2. The vast volume of data
  3. Real-time visibility into budgets vs actuals
  4. Fundraising effectiveness through achieving a 360-degree view of constituents

NetSuite Features:

Customer Relationship Management (CRM)

It allows your organization to see 360 views of your subscriber, supporters, and clients all in one place. It provides a flow of information across the entire customer lifecycle—from lead, sales order, fulfillment, renewal, upsell, cross-sell, and support.

Fundraising

In ERP software, you can add donors as “contacts,” after which you can easily reach out to thank them. With their contact information, you can easily send further calls or even provide news on your organization. Building contacts records for donors and funders, making thanking, and reporting to them easier.

Various fund management is critical in ensuring the long-term financial viability of non-profit organizations. With multiple fund management, you can easily maintain different funds for several projects. Automated fund management helps you to make your job easier while decreasing the errors that happen with manual financial management.

Reporting and Analytics

With NetSuite, you get more automated and accurate financial statements. Your whole organization gains a modern financial reporting experience that delivers real-time financial analysis and modeling across every dimension of your business for complete insights into corporate performance and improved business decision-making. NetSuite’s Financial Report Builder tool allows you to craft the financial statements that you need for your reporting requirements.

Financial Planning

Implement your planning, budgeting, and forecasting tools to ensure financial stability, and growth, and fulfills your mission. It links with a financial modeling engine with powerful, flexible features and an easy-to-use interface with drag-and-drop functionality.

Planning and Budgeting enable them to select the best financial planning and budgeting across businesses with flexible and customizable deployment options. Planning and Budgeting promote both the company-wide and departmental financial planning with modeling capabilities, approval workflows, and reporting within one collaborative scalable solution.

Global Business Management

Set up your entire mission globally and focus your resources on achieving social impact. The global business management platform for enterprises that operates multinational and multi-subsidiary operations at the cost of traditional on-premise ERP solutions.

Modern companies need to be flexible, innovative, data-driven, and reactive to market dynamics. NetSuite enables a real-time, global business management platform for enterprises running multinational and multi-subsidiary operations.

NetSuite helps global businesses to improve their operational performances by offering real-time visibility and, granting the flexibility to customize the solution for particular corporate and subsidiary needs.

Key Benefits

  • Increase fundraising effectiveness and achieve a 360-degree view of constituents.
  • Optimize project and grant initiatives by gaining real-time visibility into budgets.
  • Streamline global operations and take advantage of global financial capabilities for operations abroad.

To Know more about Oracle NetSuite Cloud ERP feel free to reach us on:  

Website:https://www.saturotech.com  

Email ID: marketing@saturotech.com  

YouTube: https://www.youtube.com/channel/UC69yIWnRwPV04KydM64sXTw/videos  

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