Cloud Doing Good

In the heart of the nonprofit sector, where the mandate to maximise impact with often limited resources is a growing daily challenge, the adoption of cloud finance software and Enterprise Resource Planning (ERP) systems is becoming a game-changer. The flexibility and adaptability of cloud finance and #ERP software is hugely beneficial when it comes to navigating complex funding structures, regulatory environments, and reporting standards. We've put together a #NetSuite Implementation guide for accountants that highlights the process: https://lnkd.in/e_gMYsQ5

✅ The Challenge of Funder Reporting for NGOs For many NGOs, securing and retaining funding depends on effective reporting. Funders—whether private donors, government bodies, or international organisations—require detailed, transparent reports on how their money is being used and the impact it’s making. However, many organisations face logistical difficulties, with data scattered across disconnected systems, leading to inefficiencies and errors. Is there a better solution? 💭 Join our virtual event on 24 October at 11:00 to find out how Baytna, a Belgium-based INGO, overcame these challenges and transformed its funder reporting process. Register here - https://lnkd.in/eAdPiPvg ! 🙂

When finance teams are ready to start looking at new finance software, "too often, the system is blamed for a problem that actually starts elsewhere. The problem, in fact, usually begins with the metadata." Iain Goldmann, partner Cloud Doing Good (Powerful Accounting Software) explains how finance data architecture can make a difference to your team. https://bit.ly/3v4p4OX

‘The best technologists are also systems thinkers — they look at the world as a set of interrelated parts and understand that no one set of processes or code modules or anything else exists in a vacuum. Look for people who seek to map out and understand relationships and dependencies.’ We would extend this thinking to any ERP implementation and maximising the ongoing benefits of these systems including in #nonprofits. ERP is, by definition, viewing end-to-end processes. For example, a standard Pledge or Grant to Cash process will pass through multiple hands from submission of an opportunity, through to the cash arriving in the bank. In configuring then ongoing optimising the system to meet the needs of all stakeholders from income generators (sales, fundraising, grant managers) through to finance people, a great ERP implementation and support team will have the breadth to consider both finance and non-finance needs. In our view, a key element in successful #ERP implementation is the ability and expertise in working across traditional separate departments, marrying the system and the people under one version of the truth. #CharityFinance #OracleNetsuite

In the dynamic landscape of business data management, #NetSuite emerges as a formidable player, offering advanced capabilities in data organisation and retrieval. Yet, organisations striving for deeper insights into strategic decision-making often bump into the limitations of NetSuite's reporting features. This guide delves into the top 5 challenges in NetSuite reporting and provides insights into overcoming them effectively. #charityfinance #financesoftware

If #Netsuite isn't working for you, it's likely that it wasn't rolled out or integrated properly with your organisation. Our team would be more than happy to have a chat with you if this feels familiar….we don’t install and run! We will always make sure the implementation is exactly what you need and more importantly, that it works. As a team of accountants with years of experience using Netsuite, we offer the best of both worlds. We're systems #accountants. #ChairtyFinance #FinTech

We're really proud of the team here at Cloud Doing Good (Powerful Accounting Software). We don't have a stand alone sales team or account managers. The people who talk with with our prospective clients are the people consulting, implementing and advising on the solutions we provide. They're experienced in the field and they have delivered great results by working start to finish closely on every project. This also means we're able to keep costs down, and that's what sets us apart. #FinTech #CharityFinance #Netsuite

#inventorymanagement is a multifaceted aspect of business that plays a pivotal role in tracking and controlling the flow of goods from procurement to customer fulfilment. Striking a delicate balance between having enough stock to meet customer demand and avoiding excess inventory is the primary objective. #charityfinance #cfocommunity #systemschange

Effective accounting systems are a game-changer for purpose-driven CFOs. They provide the clarity and efficiency needed to align financial resources with organisational missions. Here's a guide to cloud software for charities that we wrote recently: https://lnkd.in/eT5b_ZJp #AccountingSystems #PurposefulLeadership

#NetSuite offers a comprehensive suite of business solutions covering #ERP (Enterprise Resource Planning), accounting software and #CRM (Customer Relationship Management) and is used by more than 1 million users today. In addition to this, NetSuite has an open ecosystem, SuiteCloud. SuiteCloud allows certified developers to build further enhanced capabilities with the NetSuite platform. Because Netsuite is a ‘true cloud’ with the same core software, these apps work easily across all NetSuite implementations. Our apps are created with our NetSuite accredited accountants, so you can be confident that our apps are designed with finance teams in mind. Take a look at the list of apps we've built for Netsuite users. https://lnkd.in/eEhC_5bw