How Netsuite ERP Can Help Educational Organizations?

 

1.    NetSuite as a comprehensive cloud financial management solution for education industry helps you to gain full visibility into your integrated financials with prebuilt, accounting-intelligent capabilities. You can report financials quickly and accurately while ensuring proper security & compliance.

2.       You can accept and process electronic payments and can also track, manage and report the book value and depreciation of your company's fixed assets.

3.       NetSuite helps you to evaluate unlimited "what if" scenarios between actuals and projections and update forecasts as needed. You can create and consolidate driver-based plans with customized data entry sheets and reusable formulas and allocation methods.

4.       By delivering 360-view of all constituents, NetSuite helps you to better manage and cultivate important relationships. Identify and target prospects for highly focused, personalized campaigns, promotions and communications.



5.       NetSuite helps in the management of complete donation cycle, from pledge to payment. You can accept and process donations online, automate recurring donation schedules and standardize your donation processes.

6.       With NetSuite, you can create & customize online store and integrate it with accounting, marketing, order and inventory management. NetSuite also helps you to manage orders from multiple channels, such as online and phone, all in one place.

7.       NetSuite optimizes your procurement process for recurring needs with negotiated terms, tiered pricing, and pre-specified delivery schedules. You can also enforce compliance with purchasing thresholds and guidelines. With NetSuite, you can establish budget and spend controls to ensure compliance with policies.

8.       Leverage NetSuite reporting capabilities, you can create reports and dashboards that combine operational and financial data and KPI's. NetSuite delivers real-time visibility to all key stakeholders to ensure compliance and minimize risk.

9.       With NetSuite, you can adjust currency, taxation and legal compliance differences at the local level, with regional and global business consolidation and rollup.

10   You can Configure and monitor business processes and workflows and analyze statistical measures and results for each department, location, funder/donor and more.

Conclusion

NetSuite is the leading ERP for Educational Institute. If you’re looking for CloudERP for University Management or want to know how NetSuite can help your education institute, you should feel free to contact us. We offer NetSuite Professional Services like NetSuite Licensing, Implementation, Customization, Integration, Maintenance& Support.

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