NetSuite for Nonprofit

NetSuite for Non-profit is one integrated cloud fund accounting software that manages the entire organization. NetSuite for Non-profit breaks down the silos by removing the burden of maintaining multiple systems to allow focusing on the core mission.

NetSuite for Non-profit also boost the resources used in the organization by strengthening connections with existing donors, finding new supporters, and delivering better programs and services. The innovative products provided by NetSuite for Non-profit gives every non-profit organization with an opportunity to fuel their mission. The financial management features offers an excellent platform for gaining efficiencies by using powerful non-profit fiscal management system built to meet the unique needs of a non-profit.

The fund accounting feature is GAAP-compliant to allow non-profit organizations to correlate revenue sources to expense transactions, manage diverse revenue streams, and accurately manage grant requirements and fund restrictions. The grant execution feature facilitates elevation of efficiency and visibility into the grant lifecycle.

The grant accounting feature also enables tracking of terms and conditions and automating time and tracking of expenses. The automated FASB reporting allows creation of FASB reports for easy and configurable reporting for board members, executive leadership, accounting teams, and external auditors.

The simplified and flexible financial segmentation facilitates streamlining of the organization’s chart of accounts using predefined GL custom segments that achieve complete visibility into the source and use of funds. The KPIs, roles and dashboards provide role-based metrics and analytics to insight and decision making.

The program efficiency tracking enables creating of data driven decision making using recommended scorecards for program metrics that matter.