NetSuite ERP Delivers Value to Social Enterprises

January 28, 2011 - 1:17pm | 0 Comment(s)

NetSuite Inc. has announced the latest social enterprises to benefit from a NetSuite.org product donation to integrate enterprise resource planning (ERP) on a social scale. NetSuite.org is NetSuite's unique corporate citizenship program, which enables growing social enterprises to access product donations of NetSuite's cloud-based business software service.

This service helps deliver increased productivity, reduced operating costs, and improved organizational flexibility through NetSuite ERP solutions.

NetSuite is uniquely well-suited to the needs of social enterprises with its ERP platform. As market-driven entities, social enterprises need a reliable solution to manage inventory, accounting, international consolidation, reporting, real-time analytics, and low-cost, reliable operations. But, their social aims require the ability to also track their social impact for more control over their brand message.

Social enterprises are mission-driven organizations which apply market-based strategies to achieve a social purpose. The movement includes both non-profits that use business models to pursue their mission, and for-profits whose primary purposes are social. NetSuite ERP, provided by NetSuite.org's Social Enterprise Grant, is a natural fit.

As the adoption of modern cloud-based software solutions accelerates, emerging social enterprises are looking for cost efficient ways to adopt state of the art business operations software. NetSuite ERP’s flexible reporting and powerful analytics tools make it easy for them to evaluate social impact as a key performance indicator (KPI), alongside conventional notions such as operating margin and cash flow.

NetSuite has the expertise needed in providing and optimizing business management software that directly helps these organizations change lives and fulfill their missions. NetSuite and its powerful ERP platform are helping social enterprises, thus helping businesses that are changing the world for the better.