Why NetSuite
Through the Social Impact program, NetSuite provides a suite of cloud software built for nonprofits of all sizes to improve operations and grow their mission. The three pillars of the program ensure that all nonprofits globally are able to successfully implement, utilize and accelerate their impact on NetSuite through the entire customer lifecycle.
Break Down Silos. Ease the burden of maintaining multiple systems and focus on your core mission.
Boost Your Resources. Strengthen connections with existing donors, find new supporters and deliver better programs and services.
Fuel Your Mission. Through innovative products and services, every nonprofit has the opportunity to leverage NetSuite to fuel its mission.
Our Social Impact Programs
Suite Donation
Providing nonprofits of all sizes a base donation and activation of NetSuite’s solution built for the sector.
Suite Pro Bono
Partnering nonprofit clients with NetSuite employees to solve challenges, and use NetSuite more effectively.
Suite Capacity
Fostering organizational capacity through NetSuite community, resources, and educational offerings.
In our organization we are constantly looking for ways to be more efficient. That’s why we made the decision to move off Intacct to NetSuite. Intacct was difficult to navigate and lacked the technical help community and content we needed to address questions in a timely matter. With NetSuite, it’s not only easy-to-use and has robust integration capabilities, but the unified platform gives us a better foundation for growth.
NetSuite Nonprofit Product Features
Financial Management
Gain efficiencies with a powerful nonprofit fiscal management system built to meet the unique needs of your nonprofit.
Real-Time Financial Management for Nonprofits
Core Accounting
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Manage finance and accounting with comprehensive features, including GL, AR, AP, cash management, statistical accounting, allocation schedules, and real-time financial reporting. Consolidate all processes within one system.
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Automate financial processes and improve productivity with approval routing workflows for Journal Entries, Purchase Orders and Vendor Bills.
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Built-in period close checklist to streamline period end closing processes and to support multiple Net Asset accounts.
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Close with confidence with automation for expense amortizations; and dynamic allocations for direct and indirect costs.
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Ensure proper security, support compliance, and audit trail visibility.
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Use just one system to track receivables and revenue transactions, making Accounts Receivable aging, financial reporting, metrics, and reconciliation simple and accurate.
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Use over 250 FASB Compliant Standard and customized reports and role-base dashboards and KPIS, designed specifically for nonprofit staff and leadership.
Business Impact
Streamline the Back Office
Automate transactions and reduce manual data entry and errors.
Close with Confidence
Accelerate the financial close and maintain compliance.
Faster Insight
Gain real-time access to the financial and operational performance of your organization.
Fund Accounting
Explore NetSuite’s innovative and GAAP-compliant fund accounting framework that allows your nonprofit to manage diverse revenue streams, correlate revenue sources to expense transactions, and accurately manage fund restrictions and grant requirements.
Innovate Stewardship of Funds
NetSuite delivers an auditable and comprehensive fund accounting framework that allows your nonprofit to manage diverse revenue streams, correlate fund sources to associated expense transactions, and efficiently manage fund restrictions and grant requirements. NetSuite’s out-of-the-box solution automates FASB compliance with a streamlined Chart of Accounts using predefined GL custom segments to create unparalleled visibility into cash flow, fund balances, restricted revenue, functional expenses, grant activity and performance metrics.
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Track and manage diverse funds by relevant and associated segments.
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Manage resourcing by restriction, and report expenses against programs or grants to transparently show where funds are spent in real-time, at any time.
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Create FASB reports—Statement of Functional Expenses, Statement of Activity, Cash Flow, Statement of Functional Expenses—on the fly.
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Tag and report by Revenue Type, Subtype, Restriction, or any other segment with or without GL impact on the line level for data entry and FASB compliant reporting.
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Track a matrix of relationships between multiple revenue sources and multiple segment dimensions and geographic regions.
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Create unlimited GL segment code combinations for accurate and easy data entry.
Business Impact
Innovate Stewardship
Streamline your organization’s Chart of Accounts using predefined GL custom segments. Demonstrate accountability and stewardship of funds and restrictions, providing financial transparency to constituents, management and auditors.
FASB and GAAP Compliant
Tag revenue, time and expenses using GL custom segments. Build automated FASB reports—Statement of Functional Expenses, Statement of Activity, Cash Flow, Statement of Functional Expenses.
Transparent Reporting
Gain complete visibility into restricted/unrestricted fund balances and grant contributions at transactional and summary levels. Use over 250 standard and customized reports and dashboards with real-time access to the financial and operational performance using NetSuite’s customized Reporting Engine.
Grant Accounting
Elevate efficiency and visibility into the grant lifecycle. Track terms and conditions, automate time and expense tracking, track many projects to many grants and manage expenses across multiple years.
Automated Grant Life Cycle
NetSuite’s grant accounting elevates efficiency and visibility into the grant lifecycle with the ability to track terms and conditions, track many projects to many grants, automate time and expense management for billable and nonbillable transactions, and manage expenses across multiple years. Grants in NetSuite maintain all relevant milestones so that vital information is in a single unified system.
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Projects link back to grant records to automate time and expense tracking for billable and nonbillable transactions over the life of the grant.
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Many projects and funds can correlate to many grants.
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Dashboards provide drill-down reporting into all grant-related transactions, including journal entries, vendor bills and expense reports.
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Track all expenses, vendors, subcontractors, employees associated to an event, conference, and fundraiser.
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Manage Internal projects with time, expenses and scheduled tasks.
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One system manages donor/grantor/funder/funding source data from receivables and revenue transactions, which simplifies A/R aging, financial reporting, metrics and reconciliation.
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Simple setup of GL segment combination codes to automate data entry of transactions against a grant. Easily identify and tag restricted revenue transactions associated with donations/grants/awards.
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Complete visibility of revenue to date and invoicing requirements by funder and grant/award requirements.
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Billing Schedules setup within NetSuite to bill grants automatically. Alerts can be setup to notify accounting staff to invoice on specific dates.
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Reports and Searches can have date or period filters for invoicing requirements by funder or grant.
Business Impact
Grant Life Cycle Automation
Automate time and expense tracking for billable and nonbillable transactions; manage expenses across multiple years and track terms and conditions.
Unified System
Grants in NetSuite maintain all relevant terms, conditions and milestones so that vital information is in a single place. One system manages donor/grantor/funder/funding source data from receivables and revenue transactions.
Unparalleled Visibility
Gain complete visibility into grant contributions at transactional and summary levels, as well as revenue to date and invoicing requirements by funder and grant award requirements.
Automated FASB Reporting
Create FASB reports on the fly. Easy and configurable compliance reporting for executive leadership, board members, external auditors, and accounting teams.
FASB Compliance with Ease
Eliminate guesswork, and manual export and manipulation of data by your external consulting team. With NetSuite, it’s “done for you” with built-in FASB-defined reporting based on custom GL Segments and a template UCOA approved Chart of Accounts mapped closely to Form 990 line items, customizable by you.
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Statement of Financial Position
Modified Balance Sheet to meet FASB financial reporting requirements. -
Statement of Functional Expenses
Reports all expenses broken down by "Program Services", "Management and General" and "Fundraising," as required by FASB. -
Statement of Cash Flow
Cash flow from inflows and outflows resulting from the unrestricted and temporarily restricted funding. -
Statement of Activities
Revenue Report for Restricted Funds to support Statement of Activity. Lists all revenue transactions by account and fund. -
Supporting FASB Activity Report by Program/Fund
Revenue Report for Restricted Funds to support Statement of Activity. Lists all revenue transactions by fund/program segment. -
Grant Statement of Activity
A combined Statement of Revenues and Expenditures which includes the Net Asset categorizations, can be filtered for a single grant or provide a comparative view of all grants.
Business Impact
FASB Compliance with Confidence
Built-in standard FASB reports make transparent reporting easy for board members, auditors and leadership.
Innovate Stewardship
Gain complete visibility into restricted/unrestricted fund balances and grant contributions at transactional and summary levels.
Simplified, Flexible Financial Segmentation
Streamline your organization’s Chart of Accounts using predefined GL custom segments to achieve complete visibility into the source and use of funds.
Unparalleled Financial Transparency
Simplify your Chart of Accounts using predefined GL custom segments (dimensions) to eliminate long, error-prone account code strings, and achieve complete visibility into the source and use of funds. Financial segmentation reduces the complexity and bloat of a traditional chart of accounts, while expanding reporting functionality and analytics.
NetSuite comes out of the box with 12 segments to code expense and revenue transactions. Custom segments allow you to restrict funds based on time or donor intent, classify revenue streams, track functional expense categories, designate funds to a specific program, and beyond. The result is unprecedented stewardship of funds with customizable FASB compliant reporting, dashboards and role-based KPIS available to staff, management and leadership teams.
Don’t see a segment that matches what your organization needs to track? Segments can also be created by you, to exactly match your business need.
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Track diverse revenue streams such as grants, cash donations, pledges, gifts in-kind, services and ticket sales.
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Correlate revenue to associated expense transactions to clearly show where funds are spent in real-time, at any time.
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Code revenue and expense transactions at the transaction line level to provide visibility, control and stewardship of the funds received from diverse funding sources and revenue types.
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Projects track scheduled tasks, time, percentage of completion, and expenses on grants and programs.
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Track a matrix of relationships between multiple revenue sources, multiple segment dimensions and geographic regions.
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Create unlimited GL segment code combinations for accurate and easy data entry; and gain unparalleled visibility into fund balances and performance metrics.
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Use the 12 predefined segments, or create your own to match your unique business needs.
Business Impact
Innovate Stewardship
Streamline your organization’s Chart of Accounts using predefined GL custom segments. Innovate data entry systems with NetSuite’s segmentation engine, providing unlimited segment combinations.
FASB Compliant
Tag revenue, time and expenses using GL custom segments. Build automated FASB reports—Statement of Functional Expenses, Statement of Activity, Cash Flow, Statement of Functional Expenses.
Transparent Reporting
Gain complete visibility into restricted/unrestricted fund balances and grant contributions at transactional and summary levels. Use over 250 Standard and customized reports and dashboards with real-time access to the financial and operational performance using NetSuite’s customized Reporting Engine.
KPIs, Roles and Dashboards
From FASB compliance reporting, to role-based metrics and analytics, to insight and decision-making, gain a more complete picture of your nonprofit’s performance, on-demand and in real-time.
Reporting Metrics that Matter
Nonprofit Dashboards, Key Performance Indicators, Analytics and Reporting
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Facilitate timely identification of successes, issues and gaps with pre-built dashboards for CEO, Controller, CFO, Program, Development and Grants Managers.
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Align KPIs across the organization using Charity Navigator recommended scorecards for Fundraising Efficiency, Program Efficiency, Administrative Ratio, Fundraising Ratio, Cash Flow to Total Debt, Contributions Ratio and more.
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Confidently compliant – create FASB reports—Statement of Functional Expenses, Statement of Activity, Cash Flow, Statement of Functional Expenses—on the fly.
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Harmonize fundraising and finance reporting in one system with built-in fundraising reports such as Top Donor Reports, ’Last Year But Unfortunately Not This Year’ and ‘Some Year But Unfortunately Not This Year’.
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Ground decisions in concrete data with over 250 pre-built yet customizable nonprofit reports, searches, KPIs and dashboards.
Business Impact
Improve Decision Making
Drive better, faster decision-making with real-time data and reporting, and personalized dashboards.
Focus on Metrics that Matter
Align definitions of success across the organization using Charity Navigator recommended scorecards.
Harmonize Fundraising and Finance
Create detailed reports that encourage dialogue about progress toward goals using cross-departmental benchmarks.
Program Efficiency Tracking
Create a culture of data driven decision-making using Charity Navigator™ recommended scorecards for program metrics that matter.
Excellence in Performance Measurement
KPI Scorecard
The watchdog agency Charity Navigator recommends to closely monitor functional expenses to demonstrate commitment to funding programs and services in an efficient way.
With NetSuite’s built in scorecard, you can align definitions of success across the organization using Charity Navigator recommended governance metrics for Fundraising Efficiency, Program Efficiency, Administrative Ratio, Fundraising Ratio, Cash Flow to Total Debt, and Contributions Ratio.
Business Impact
Focus on Metrics that Matter
Align definitions of success across the organization using Charity Navigator recommended scorecards.
Improve Decision-Making
Drive better, faster decision-making with real-time data and reporting, and personalized dashboards.
Harmonize Fundraising and Finance
Create detailed reports that encourage dialogue about progress toward goals using cross-departmental benchmarks.
Spend Management
Ensure full accountability and stewardship of funds and gain complete control and visibility over total spend.
Gain Complete Visibility into Spend
Spend Management
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From acquisition through payment, automate the complete procurement process for goods and services.
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Establish budget and spend controls to ensure compliance with policies.
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Gain real-time visibility into the spending trends across your organization.
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Effectively track and manage detailed costs associated with grants and funds.
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Tie time and expenses back to one or more sources of funds; manage grants over multiple years.
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Multi-level approval processes to facilitate grant and fund/program management and ensure expenses stay within organizational policies.
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Procurement dashboard and email alerts to ensure purchases are completed and paid on time.
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Allocation schedules for spreading direct/indirect expenses across grant and fund/programs.
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Pre-defined expense or fixed asset accounts, as well as default billing schedule or amortization templates.
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Ability to track and monitor inventory.
Business Impact
Control Spend
Automate the procure-to-pay process and drive greater visibility into spend.
Ensure Compliance
Configure requirements, authorizations and approvals.
Constituent Relationship Management
Constituent & Financial Acuity
CRM & Fundraising Operations
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Track individuals, organizations, households, relationships and multiple revenue streams.
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Manage all financial transactions in a single, unified set of tools.
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Build bridges between systems: NetSuite integrates constituent and transactional data with external systems.
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Manage and cultivate important relationships with a 360-degree view of all constituents.
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Establish customized workflows and processes to match the needs of your organization.
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Track actions, send emails, segment constituents.
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Build collaborative insight: generate fundraising and finance reports in one system.
Business Impact
Integrate Finance and Fundraising
The whole is greater than the sum of its parts: data collaboration unites fundraising and finance.
Financial Acuity for Mission Impact
See the big picture from fundraising, to finance, to program.
Constituent 360
Make more educated decisions about programs, people, and other key business drivers.
Global Cloud
Expand Your Mission in the Cloud Globally
NetSuite Cloud: OneWorld
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You’re in the hands of a leader: NetSuite was born and bred in the cloud.
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Run nonprofits IT operations with a browser and an internet connection.
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Confidence: Applications, operating systems, servers and network switches all managed by NetSuite.
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Security: Uptime, application maintenance, disaster recovery and system upgrades.
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Perfect for distributed workforce: Ease of access at any time, and from anywhere.
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Manage your affiliate or global nonprofit across multiple locations.
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Visibility into every aspect of your multinational or affiliate organization, even with multiple languages and currencies, including forecasts and campaigns.
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Adjust for currency, taxation and legal compliance differences at the local level, with regional and global consolidation and rollup.
Business Impact
Global Cloud Workforce
Work anywhere at any time; manage your entire global and affiliate nonprofit on a single unified platform.
Focus on your Impact not on IT
Expand your mission globally and focus your resources on achieving social impact, not managing Information Technology complexity.
Solutions to Fit Your Unique Needs
Membership Organizations
Register for a free product tour to learn why membership organizations run their operations with NetSuite nonprofit management software
International NGOs
Register for a free product tour to learn why International NGOs run their operations with NetSuite nonprofit management software
Health & Human Services Organizations
Register for a free product tour to learn why services-based nonprofits run their operations with NetSuite.
Museums & Cultural Institutions
Register for a free product tour to learn why museums and cultural institutions run their operations with NetSuite.
Faith-based Organizations
Register for a free product tour to learn why faith-based nonprofits run their finances with NetSuite nonprofit management software.
Educational Organizations
Register for a free product tour to learn why education-based nonprofits run their operations with NetSuite nonprofit management software.
Philanthropic Organizations
Register for a free product tour to learn why services-based nonprofits run their operations with NetSuite.