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NetSuite And TechSoup Global Partner To Bring The NetSuite Cloud To Nonprofits Globally

SAN MATEO, Calif., June 30, 2014 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced a partnership with TechSoup Global, the international network that leverages technology to help build the capacity of non-governmental organizations (NGOs), bringing NetSuite's comprehensive suite of cloud business management applications, including ERP, CRM, ecommerce, professional services automation (PSA), TribeHR for social human capital management ( HCM) and the LightCMS content management platform, to nonprofits worldwide. Currently, the partnership gives qualified nonprofits access to a donation of NetSuite's powerful cloud-based management suite of applications on TechSoup.org through the NetSuite.org corporate citizenship program, enabling these organizations to conduct their mission-critical business operations like accounting, social impact reporting and nonprofit business processes unique to their organizations, as well as ERP, grants management, donor management and fundraising. In addition, the partnership can eventually make NetSuite available to organizations worldwide through the TechSoup Global Network of 52 partner organizations around the world.

"This partnership fills a very specific need for our community that has not been addressed up until this time. It goes a long way toward helping TechSoup Global deliver on its promise to provide technology information and resources for nonprofits and to help mission-driven organizations change the world faster," said Gayle Samuelson Carpentier, Chief Business Development Officer, TechSoup Global.

"We're excited about the chance to ultimately extend our suite of applications to deserving organizations around the globe and equip them with the tools to manage finances and donors, and explain the impact that their efforts are having on their communities and the world," said David Geilhufe, Senior Director of NetSuite.org.

NGOs across the globe have shown a clear desire for cloud-based technology, according to a 2012 TechSoup Global survey of more than 10,800 NGOs in 88 countries. The survey revealed that 90 percent of respondents worldwide reported using at least one cloud application, and 53 percent reported plans to move a "significant portion" of their IT to the cloud within the next three years. NetSuite is the first cloud-based financial solution to be available through TechSoup Global's product philanthropy platform and TribeHR and LightCMS are the first cloud-based human capital management and content management systems respectively to be made available.

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