NetSuite for Nonprofit
Helping Nonprofit reduce costs, raise more funds, and provide
much needed transparency
Ron Rubens
O: 954.990.5758
M: 954.649.0002
ron@nxturn.com
www.nxturn.com
NetSuite Solution Provider
NetSuite 5 Star Award
2012 | 2013 | 2014 | 2015 | 2016 | 2017
Copyright © 2017, Oracle and/or its affiliates. All rights reserved.2
$1 M
IT cost avoidance
over 5 years
Process Efficiency
Transparency
Flexible Platform
32
Countries with
current operations
Real-time Reporting
Standardization
Global Financials
2 x
International
expansion
Compliance Automation
Simplified Reporting
Quickbooks replacement
50%
Reduction in
monthly close
Detailed Drilldown
Financial Management
Inventory Management
Copyright © 2017, Oracle and/or its affiliates. All rights reserved.3
Nonprofit Ashoka Taps NetSuite to Standardize Global
Reporting and Put its Data to Work
As a fast-growing, global nonprofit, Ashoka was
outgrowing its technology. Providing start-up
financing, professional support services, and
connections to a global network, all of Ashoka’s
office locations were running their own solutions.
With no integration, extracting data required manual
spreadsheet work in order to report back to donors
at the global office in the U.S. Ashoka needed a
more accurate, real-time solution.
Copyright © 2017, Oracle and/or its affiliates. All rights reserved.4
San Francisco SPCA Focuses on Core Mission of
Animal Protection and Advocacy with NetSuite
"NetSuite helps us save in both
people's time and overall cost, and we
can use those savings to save the
lives of more adoptable animals."
Copyright © 2017, Oracle and/or its affiliates. All rights reserved.5
Nonprofit Foundation Center Able to Share Global
Philanthropy Data More Effectively With NetSuite
The last thing a nonprofit needs is an IT platform
that holds it back, but that's precisely what
Foundation Center had. Silos of packaged and
custom-built applications were increasingly choking
operational efficiency; the organization was finding
itself beseiged with inconsistent numbers and high
IT and administrative costs; and personnel relied
heavily on IT to generate reports and perform
manual reconciliation across disparate systems.
Copyright © 2017, Oracle and/or its affiliates. All rights reserved.6
Kiva Taps NetSuite to Remove Logjams and Match
More Microloan Applicants With Lenders
Kiva hasn't connected nearly 2 million
entrepreneurs in the developing world with $785
million in microloans by moving slowly. Yet the
nonprofit found itself held back by antiquated
technology that caused delays and imprecision in
its financing and reporting processes. Cumbersome
manual processes and disparate data sets made
auditing and IRS compliance complicated, and
expense reports were often delayed a week or
more.
Copyright © 2017, Oracle and/or its affiliates. All rights reserved.7
NetSuite EnablersTrends Area, Improvement, and Impact
$1.25 M
Assumes partial realization in years 1 & 2
Cumulative
benefits after
3 years
Donor expectations
for visibility into
fund usage & impact
Finance and
fundraising must
operate as one
New FASB standards
mean increased
financial transparency
• Unified platform
• Connect dollars to mission
via reporting
• Easy to use spend control
• Electronic vs Paper
processing
• Real-time consolidation
• Automated electronic audit
trails
Reduced total IT spend as a % of
revenue (expense reduction) 1.25% $ 125,000
Improved donor retention (increase in
donations) 3% $ 300,000
Automated PO approval (reduced
spend) 2.5% $ 45,000
Reduced time to complete annual
budget (labor cost avoidance) 15 days $ 15,000
Reduced time to close the books
(labor cost avoidance) 6 days $ 72,000
Reduction in number of Finance FTE’s 1 FTE $ 40,000
$597K
Potential Impact
Annually, Per $10MM in Revenue
Copyright © 2017, Oracle and/or its affiliates. All rights reserved.8
• NetSuite Partner since 2005
• NetSuite 5 Star Award 2011 –
2017
• Suite Commerce Advanced Digital
Agency Partner
• 500+ Implementations
• SMB/Mid-Market/Enterprise
Customers
• 23 NetSuite Certifications
• Implementations, Training,
Consulting, Integrations (108),
NetSuite Suite Apps, Ecommerce
NetSuite for Non Profit
Subtitle [optional – to be used if needed]
Ron Rubens
O: 954.990.5758
M: 954.649.0002
ron@nxturn.com
www.nxturn.com
NetSuite Solution Provider
NetSuite 5 Star Award
2012 | 2013 | 2014 | 2015 | 2016 | 2017

Oracle NetSuite for Nonprofit

  • 1.
    NetSuite for Nonprofit HelpingNonprofit reduce costs, raise more funds, and provide much needed transparency Ron Rubens O: 954.990.5758 M: 954.649.0002 ron@nxturn.com www.nxturn.com NetSuite Solution Provider NetSuite 5 Star Award 2012 | 2013 | 2014 | 2015 | 2016 | 2017
  • 2.
    Copyright © 2017,Oracle and/or its affiliates. All rights reserved.2 $1 M IT cost avoidance over 5 years Process Efficiency Transparency Flexible Platform 32 Countries with current operations Real-time Reporting Standardization Global Financials 2 x International expansion Compliance Automation Simplified Reporting Quickbooks replacement 50% Reduction in monthly close Detailed Drilldown Financial Management Inventory Management
  • 3.
    Copyright © 2017,Oracle and/or its affiliates. All rights reserved.3 Nonprofit Ashoka Taps NetSuite to Standardize Global Reporting and Put its Data to Work As a fast-growing, global nonprofit, Ashoka was outgrowing its technology. Providing start-up financing, professional support services, and connections to a global network, all of Ashoka’s office locations were running their own solutions. With no integration, extracting data required manual spreadsheet work in order to report back to donors at the global office in the U.S. Ashoka needed a more accurate, real-time solution.
  • 4.
    Copyright © 2017,Oracle and/or its affiliates. All rights reserved.4 San Francisco SPCA Focuses on Core Mission of Animal Protection and Advocacy with NetSuite "NetSuite helps us save in both people's time and overall cost, and we can use those savings to save the lives of more adoptable animals."
  • 5.
    Copyright © 2017,Oracle and/or its affiliates. All rights reserved.5 Nonprofit Foundation Center Able to Share Global Philanthropy Data More Effectively With NetSuite The last thing a nonprofit needs is an IT platform that holds it back, but that's precisely what Foundation Center had. Silos of packaged and custom-built applications were increasingly choking operational efficiency; the organization was finding itself beseiged with inconsistent numbers and high IT and administrative costs; and personnel relied heavily on IT to generate reports and perform manual reconciliation across disparate systems.
  • 6.
    Copyright © 2017,Oracle and/or its affiliates. All rights reserved.6 Kiva Taps NetSuite to Remove Logjams and Match More Microloan Applicants With Lenders Kiva hasn't connected nearly 2 million entrepreneurs in the developing world with $785 million in microloans by moving slowly. Yet the nonprofit found itself held back by antiquated technology that caused delays and imprecision in its financing and reporting processes. Cumbersome manual processes and disparate data sets made auditing and IRS compliance complicated, and expense reports were often delayed a week or more.
  • 7.
    Copyright © 2017,Oracle and/or its affiliates. All rights reserved.7 NetSuite EnablersTrends Area, Improvement, and Impact $1.25 M Assumes partial realization in years 1 & 2 Cumulative benefits after 3 years Donor expectations for visibility into fund usage & impact Finance and fundraising must operate as one New FASB standards mean increased financial transparency • Unified platform • Connect dollars to mission via reporting • Easy to use spend control • Electronic vs Paper processing • Real-time consolidation • Automated electronic audit trails Reduced total IT spend as a % of revenue (expense reduction) 1.25% $ 125,000 Improved donor retention (increase in donations) 3% $ 300,000 Automated PO approval (reduced spend) 2.5% $ 45,000 Reduced time to complete annual budget (labor cost avoidance) 15 days $ 15,000 Reduced time to close the books (labor cost avoidance) 6 days $ 72,000 Reduction in number of Finance FTE’s 1 FTE $ 40,000 $597K Potential Impact Annually, Per $10MM in Revenue
  • 8.
    Copyright © 2017,Oracle and/or its affiliates. All rights reserved.8 • NetSuite Partner since 2005 • NetSuite 5 Star Award 2011 – 2017 • Suite Commerce Advanced Digital Agency Partner • 500+ Implementations • SMB/Mid-Market/Enterprise Customers • 23 NetSuite Certifications • Implementations, Training, Consulting, Integrations (108), NetSuite Suite Apps, Ecommerce
  • 9.
    NetSuite for NonProfit Subtitle [optional – to be used if needed] Ron Rubens O: 954.990.5758 M: 954.649.0002 ron@nxturn.com www.nxturn.com NetSuite Solution Provider NetSuite 5 Star Award 2012 | 2013 | 2014 | 2015 | 2016 | 2017

Editor's Notes

  • #3 Foundation Center: http://www.netsuite.com/portal/customer-testimonials/foundation-center-nonprofit.shtml Ashoka: http://www.netsuite.com/portal/customer-testimonials/ashoka-nonprofit.shtml Kiva: http://www.netsuite.com/portal/customer-testimonials/kiva-nonprofit.shtml SF SPCA: http://www.netsuite.com/portal/customer-testimonials/sfspca-nonprofit.shtml
  • #4 https://goo.gl/6oXBe9
  • #5 http://www.netsuite.com/portal/customer-testimonials/sfspca-nonprofit.shtml
  • #6 http://www.netsuite.com/portal/customer-testimonials/foundation-center-nonprofit.shtml
  • #7 http://www.netsuite.com/portal/customer-testimonials/kiva-nonprofit.shtml