platform for business · netsuite philosophy suitecloud platform erp/commerce/srp oneworld...
TRANSCRIPT
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Copyright © 2017, Oracle and/or its affiliates. All rights reserved.1
TODAY’S PRESENTERS
Ron Orrick
VP of Information Technology,
Compassion International
David Geilhufe
Senior Director Nonprofit,
NetSuite
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Copyright © 2017, Oracle and/or its affiliates. All rights reserved.2
AGENDA
1 The Overhead Myth
2 Intro to NetSuite
3 Compassion International’s Journey
4 Q&A
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OVERHEAD DEFINED
The overhead ratio commonly refers to the
percentage of a nonprofit organization's
expenses that is devoted to administrative
costs and fundraising costs.
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DISASTER?
Overhead is a waste of money that takes
away from the mission
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BUILDING BLOCK?
Overhead is an investment in capacity that
supports the mission.
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OVERHEAD VARIES
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Copyright © 2017, Oracle and/or its affiliates. All rights reserved.7
STARVATIONCYCLE
Pressure on
Nonprofits to
Conform
Misleading
Reporting
And Overhead
“Phobia”
Unrealistic
Funder
Expectations
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Copyright © 2017, Oracle and/or its affiliates. All rights reserved.8
Technology
Leading Practices
A Partner VICIOUS CYCLE
Pressure on
Nonprofits to
Conform
Misleading
Reporting
And Overhead
“Phobia”
Unrealistic
Funder
Expectations
Tech, Process
& Biz Model
Innovation
Measure and
CommunicateChanging
Funder
Expectations
VIRTUOUS CYCLE
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Copyright © 2017, Oracle and/or its affiliates. All rights reserved.9
NETSUITE
PHILOSOPHY
SUITECLOUD PLATFORM
ERP/COMMERCE/SRP
ONEWORLD
NONPROFIT
Financial Transparency
Effortless Compliance
Grant Accounting
Fund Accounting
Member Experience
Donor Experience
Dollars to Outcomes
Multi-book
Multi-language
Multi-currency
Multi-country tax compliance
Point & Click Customization
Built-in Platform
Multi-tenant
Built on Oracle Stack
Unified Data Model
Everyone on Same Release
Omnichannel Commerce
ERP
Financials
SRP
SCM
CRM
HCM
Built for the Cloud
Built to Run a Business
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NETSUITE STAIRWAY FORNONPROFITSA strategy for nonprofit organizations to meet today's challenges, and accelerate their mission
www.netsuite.com/nonprofit
• Role-based ERP
• Real time dashboards
and KPIs
• Grant accounting
• Smart financials
• Nonprofit budgeting
• Affiliate and multi-subsidiary
• capabilities
• Financial planning and analysis
• Fund accounting
• Program and project
• management
• Unified CRM data
• Centralized Human Capital
Management
• Single revenue tracking system
• Integrated online donation
platform
• Social branding
• Unified billing and reporting
• Mission ERP
• Flexible development platform
TRANSFORMENHANCE
INNOVATEEXPANDREMEDIATE
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Copyright © 2017, Oracle and/or its affiliates. All rights reserved.11
1,000+Nonprofits & Social
Enterprises
9,745pro bono volunteer
service hours
$1.4M+in donated pro bono
$70M+in donated software
WE’RE HERE TO HELP
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NAVIGATING DIGITAL TRANSFORMATION
Ron Orrick
VP of Information Technology
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QUESTIONS?
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THANK YOU!
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