NetSuite for nonprofit organizations is a cloud-based solution that gives you insight into the entire end-to-end life cycle of your organization’s initiatives.
This includes fund raising, grants, program execution and much more.
Nonprofit organizations are expected to responsibly manage contributions while maximizing program efficiency and minimizing waste. For organizations that still rely on manual processes to assemble information from disconnected sources, achieving a complete view of the organization and its programs can be complex and inefficient.
NetSuite clarifies the complexNetSuite for nonprofit organizations is built with NetSuite ERP, a comprehensive solution that enables you to access accurate, always-updated information—so you can better manage programs, budgets and processes. As a single, cloud-based platform, NetSuite is convenient to use from anywhere—all you need is an internet connection and a device with a web browser.
NetSuite also connects components of fundraising and grant management to your core accounting system for real-time visibility into committed pledges as well as donations and grants received. NetSuite for nonprofit organizations includes features that are specific to your needs. For example, NetSuite can differentiate restricted and unrestricted funds, to ensure proper allocation while maintaining compliance with Financial Accounting Standards Board nonprofit reporting guidelines.
Features:
- Public Sector
- Not-For-Profit
- Encumbrance
- Budgeting
- Grant Management
- Procurement
- Approval Process
- Expense Management
- Inventory
- Payroll
Additional Resources
Seven Reasons Nonprofits Choose NetSuite Over Sage Intacct
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