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Netsuite Consulting

NETSUITE CONSULTING SERVICES FOR A CHARITY

Scale with a finance led, low IT, unified technology solution

Consulting

Cloud Doing Good is a сharity accounting specialist team with over 50+ year Oracle-NetSuite experience. We combine Oracle-NetSuite certifications with professional accounting qualifications (CPA,CIMA). 

Our deeply experienced team offers system accountant led expertise, guidance, and support throughout the entire lifecycle of using NetSuite, ultimately helping charity finance and social enterprise finance teams improve efficiency, streamline operations, and achieve their strategic objectives. 

Read what our customers have to say about working with Cloud Doing Good, and how we help charities and social enterprises of all sizes achieve finance transformation.

Contact us for your ERP project

Who Are NetSuite Partners And What Do They Do?

NetSuite Partners

A NetSuite Partner is an organization that has entered into a partnership with Oracle NetSuite, a cloud-based ERP (Enterprise Resource Planning) software provider. NetSuite Partners are authorized and recognized by Oracle NetSuite to offer a range of services related to the NetSuite platform, including implementation, customization, training, support, and more. These NetSuite Consultants working for partners play a crucial role in helping organisations successfully adopt and leverage the NetSuite ERP system. 

Role of a NetSuite Partner: NetSuite Partners, and the employed NetSuite Consultants, are authorized and certified by Oracle NetSuite to provide a variety of NetSuite services that cater to the needs of charities looking to implement or optimize the NetSuite ERP platform.

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NetSuite is a versatile cloud-based ERP (Enterprise Resource Planning) platform that is used by more than 2,800 non profit organizations to improve their efficiency, streamline finance operations, and further their strategic objectives . Its comprehensive suite of modules and functionalities makes it suitable for charities of different sizes, from small, community driven charities to global NGOs. One example of NetSuite's versatility is how NetSuite and Power BI can be linked together.

Benefits

E-commerce

NetSuite is popular among retail businesses and e-commerce companies (whether for profit or non profit) for managing their sales, inventory, order processing, and customer relationships. It streamlines operations across online and brick-and-mortar stores.

Membership Organisations

Membership organisations utilize NetSuite to manage recurring subscription billing, courses and project based work for their members, all within the one single source of truth (SSOT) data model. This mitigates the issues that arise with separate, often legacy, membership billing systems that are disconnected from the general ledger.

Wholesale and Distribution

NetSuite is used by wholesale and distribution businesses to manage inventory, orders, shipments, and distribution channels. It provides real-time visibility into stock levels and helps streamline order fulfillment.

Services and Consulting

Professional services firms, such as consulting, marketing, and IT services, harness NetSuite to manage their projects, in addition to resource allocation, time sheet tracking, and financial management.

Technology and Software

Many technology companies, including software development firms, use NetSuite for its project management capabilities. When coupled with NetSuite's financial management tools, subscription ledger and CRM apparatus, companies are able to run projects that are integrated with the rest of the firm's operations.

Nonprofit Organizations

Nonprofits find NetSuite to be an excellent tool for maintaining transparency and accountability. NetSuite's integrated platform means fundraising campaigns, grant tracking and donor relationship are housed under the same roof as the core financials. 

Healthcare and Life Sciences

NetSuite is used by healthcare organisations, including medical equipment suppliers and pharmaceutical companies, for its breadth and flexibility. It allows healthcare organisations to manage inventory, in tandem with managing financial processes, where the increased financial transparancy makes regulatory compliance much more straightforward.

Financial Services

Financial institutions, including investment firms and asset management companies, use NetSuite for financial reporting, compliance, and customer relationship management.

INGOs

International Non Government Organisations (INGOs) utilize NetSuite to simplify and streamline their global operations. The single source of truth model is particularly useful for INGOs as it enables them to have a unified view of both grant making and funding. This increase in transparancy makes for more effective operations, allowing them to maximise the good they do.

Care Homes

NetSuite is employed by care home organisations for its financial capabilities, such as how it allows for recurring billing of both individuals and councils, and how it enhances transparancy; it ensures compliance with industry standards.

Real Estate and Property Management

Real estate companies use NetSuite to manage property portfolios, lease agreements, financials, and tenant relationships.

Education

Educational institutions organizations use NetSuite to handle student enrollment, financial aid, course registration, and administrative processes. This data coupled with the core accounts reduces the administrative burden for educational institutes.

Professional Sports Teams

Sports organizations and teams use NetSuite to manage ticket sales, sponsorships, merchandise, and fan engagement.

An ERP (Enterprise Resource Planning) system is a software solution that integrates and centralizes various processes and functions within an organization. The primary goal of an ERP system is to enhance efficiency, streamline operations, and provide accurate and real-time information for decision-making across the entire enterprise.

Key characteristics and features of an ERP system include:

ERP System

Centralized Database

An ERP system provides a single, unified database that stores data from different departments and functions. This eliminates data duplication and ensures data consistency and accuracy. Your data is continually backed up across multiple data centres, meaning it is available 24/7, 365 days a year wherever you have internet connection.

Integrated Modules

ERP systems consist of various modules that correspond to different business functions, such as finance, human resources, inventory management, sales, procurement, production, customer relationship management (CRM), and more. These modules can communicate with each other, allowing information to flow seamlessly between departments.

Business Process Automation

ERP systems automate and optimize business processes by providing standardized workflows and procedures. This reduces manual intervention, minimizes errors, and increases efficiency. Especially for smaller organisations and charities, this dramatically reduces the in-house administrative burden.

Real-time Information

ERP systems offer real-time data updates, giving users access to up-to-date information for making informed decisions. This is particularly valuable for monitoring performance, tracking orders, managing inventory, and responding to customer inquiries promptly.

Reporting and Analytics

ERP systems often include reporting and analytics tools that enable users to generate customized reports, dashboards, and visualizations. This helps organisations gain insights into their operations and performance. Having KPIs side by side with financial data makes for highly informed decision making.

Scalability

ERP systems are designed to scale as a business grows. New modules and functionalities can be easily added to accommodate changing needs.

Security and Data Integrity

ERP systems provide security features to protect sensitive data and ensure data integrity through user access controls and authentication mechanisms. With strong encryption, role- based acess controls and multi-factor end-user authentication you can be sure that NetSuite deploys the strongest operational data security.

You don't have to take our word for it, NetSuite is externally audited to SOC 1 Type 2 and SOC 2 Type 2 (SSAE18 and ISAE 3402) standards while maintaining ISO 27001 and 27018, PCI DSS and PA-DSS compliance.

Compliance and Regulations

ERP systems include features to help organizations comply with industry regulations and standards. This is especially important in industries with strict compliance requirements, such as healthcare, finance, and manufacturing.

Collaboration

ERP systems promote secure collaboration and information sharing across departments, as data is centrally stored so is accessible to authorized users across the organisation. This is particularly helpful for budget holders working on the front line of an organisation. A budget holder gets their actual to budget report in the system, and crucially if there are transactions they are unsure about they can immediately drill down within the system all the way to the individual transaction documents.

Customization

Through our expert NetSuite Developers, ERP systems can be customized to align with an organization's specific processes and needs. This allows businesses to adapt the system to match their workflows.

Overall, an ERP system serves as a backbone for an organization's operations, helping departments work together cohesively, optimizing resource allocation, reducing manual tasks, and improving overall efficiency. Implementing an ERP system can lead to increased productivity, reduced operational costs, better decision-making, and a more agile response to changes in the business environment. Additionally, ERP enabled professional services automation lets your organisation to focus on its core mission by reducing time wasted on administration.

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Why Use A NetSuite Certified Consultant?

Using a NetSuite certified consultant with accounting expertise can bring several advantages to your charity when implementing or optimizing the NetSuite platform.

NetSuite Certified Consultant

NetSuite is a comprehensive cloud-based ERP (Enterprise Resource Planning) system that covers various functions such as financial management, customer relationship management (CRM), inventory management, e-commerce, and more. Here are some reasons why using a certified NetSuite consultant can be beneficial:

Consultant Benefit

Expertise and Knowledge: NetSuite certified consultants have undergone official training and certification programs provided by NetSuite. This means they have a deep understanding of the platform's features, capabilities, and best practices. They can provide insights and recommendations tailored to your specific business needs.

Consultant Benefit

Problem Solving: When issues or challenges arise during, or after, implementation, a certified consultant can troubleshoot problems and find solutions quickly due to their extensive knowledge of the system.

Consultant Benefit

Customization and Configuration: NetSuite is highly customizable to suit different business processes. A certified consultant can help you configure the system according to your requirements, ensuring that your business processes are supported.

Consultant Benefit

Integration and Data Migration: If you need to integrate NetSuite with other systems or migrate data from existing systems, a certified consultant can ensure a seamless process, reducing the risk of data loss or disruptions.

Consultant Benefit

Optimal Implementation: Implementing an ERP system like NetSuite can be complex. Certified consultants have experience in planning and executing successful implementations. They can help you define project scope, create implementation strategies, and ensure a smooth rollout.

Consultant Benefit

Scalability and Growth: As your business evolves, your ERP system needs to adapt. Certified consultants can help you plan for scalability, ensuring that NetSuite continues to meet your needs as your business grows.

Consultant Benefit

Efficient Training: A NetSuite certified consultant can provide training to your team, ensuring that your employees are well-versed in using the system effectively. This minimizes the learning curve and maximizes the return on your investment.

Consultant Benefit

Risk Mitigation: ERP implementation projects carry inherent risks, such as budget overruns or project delays. Certified consultants can help mitigate these risks by following established methodologies and best practices.

Consultant Benefit

Best Practices: Certified consultants are up-to-date with the latest best practices in ERP implementation and usage. They can guide you in making informed decisions about how to structure your business processes within the system.

Consultant Benefit

Vendor Relationship: Certified consultants often have direct connections to NetSuite and can facilitate communication with the vendor when necessary. This can be especially helpful in resolving technical issues or gaining access to support resources.

Our NetSuite practice can help
your charity if:

NetSuite Practice
  • You have a lack of insight or have limited reporting facilities
  • You are looking to improve efficiency and reduce costs
  • You're undergoing rapid expansion
  • You have recently merged with another charity 
  • You're struggling with ageing applications and infrastructure

In summary, NetSuite certified consultants with accounting expertise bring specialized knowledge, experience, and a track record of successful implementations to your organization. Their expertise can help you make the most of the NetSuite platform, allowing your charity to focus on doing good and not on administration.

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