Is it time to migrate from your legacy ERP?

By - December 7, 2023

Is it time to Migrate from your Legacy ERP?

Signs to Migrate from an Old System include:

  1. Unsupported Technology
  2. The system does not adapt to changing business trends/regulations
  3. Limited integration, automation, and customization capabilities
  4. Limited reporting requires dependence on Excel

 

Top 5 Reasons Nonprofit Organizations Should Consider Implementing NetSuite with RSM

  1. NetSuite is an integrated solution for Nonprofits, including Financials, CRM, eCommerce, Revenue Recognition, and Grant Management. RSM can support scoping software needs to be tailored to your organization and partner with you as a software advocate and reseller.
  2. RSM offers nonprofit industry-specific implementation expertise from consultants who will recommend industry-leading practices for solution architecture design.
  3. NetSuite supports no-code configuration and has extensive customization opportunities. RSM has built pre-configured accelerators to automate common processes in the Nonprofit industry.
  4. NetSuite performs routine product upgrades twice per year that enhance system capabilities and do not interrupt the user experience. NetSuite is committed to a product development roadmap to continue supporting the ever-changing industry trends.
  5. RSM offers Managed Services support for long-term NetSuite system administrator needs, continued training, and/or support ticket management.

 

Why NetSuite for Your Nonprofit Organization?

 

Shortcomings from Legacy System

NetSuite Advantage

No flexible segmentation is available for reporting. All reporting dimensions need to be embedded in the Chart of Accounts. NetSuite has flexible segmentation to support a streamlined Chart of Accounts that can be extended by segmentation for views into the source and use of funds (e.g. department, grant, program, etc.).
Lacking a native CRM component. This deficiency necessitates customers to acquire and integrate two separate product sets to attain comprehensive Financials/CRM reporting. NetSuite offers a distinct advantage by furnishing customers with a unified, all-encompassing suite that seamlessly integrates Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and e-commerce functionalities. This cohesive suite is tailored to accommodate Nonprofit-specific needs for donor management.
Lacks native support for e-commerce functionalities such as web storefronts, membership portals, event websites, etc. To address this gap, a supplementary application that enables e-commerce capabilities is typically required but is limited in integration capabilities. NetSuite has a native e-commerce platform to manage donor/grantee login portals, membership portals, event websites, etc.
Modifying old systems can be challenging due to limitations in customizing tables and existing fields. Even attempting to alter the structure of a table can risk compromising data integrity. NetSuite presents a notable advantage by providing limitless no-code configuration of custom attributes as well as ‘Suitelets’ and ‘Portlets’ that facilitate seamless environment customization. Suitelets, acting as web servlets, offer a front-end GUI for enhanced user interaction. At the same time, Portlets enable comprehensive dashboard customization, including integration of external data feeds via formats like RSS, HTML, or Flash.
In the realm of customization, old systems present a daunting challenge as numerous customers have expressed frustrations over the complexity of effecting changes without disrupting the extensive 21 million lines of code that underpin the system. Customization efforts necessitate developers to work externally, constructing modifications in Visual Basic before integrating them into the system. NetSuite offers a distinct advantage by directly integrating the application layer through web services. This approach minimizes the risk of data corruption while maintaining system integrity. NetSuite’s ‘SuiteTalk’ feature further enhances its flexibility, allowing users to harness Web service APIs to extend the platform’s capabilities into other systems, irrespective of the programming language used. This positions NetSuite as an appealing choice for businesses aiming to implement customizations while ensuring seamless integration and reliable performance efficiently and securely.

 

Old systems face significant limitations in accommodating flexible business processes. Their inherent structure prevents the alteration of established workflows. To address this shortfall, businesses must often invest in third-party solutions. NetSuite emerges as a more advantageous option by encompassing all the necessary tools for customization, including custom fields, forms, and tables, within its framework. This enables organizations to exercise complete control over processes like budget control or approval routings.
On-premises systems can be an expensive business solution, considering annual maintenance fees and in-house resources required for support. NetSuite’s cloud-based, on-demand solution allows organizations to pay based on the number of users per month. NetSuite handles all maintenance/upgrades, thus alleviating operational complexities and risks.
Older systems face challenges regarding their growth stability. This uncertainty has left organizations uneasy, as the absence of active product commitment hinders their ability to influence improvements. NetSuite presents a distinct advantage by already embodying the web-based, service-oriented architecture. This places NetSuite at the forefront of innovation, with functionality designed to not only meet current business requirements but also to accommodate future needs. Businesses seeking a reliable and forward-looking solution can find assurance in NetSuite’s capability to provide stability, adaptability, and growth in an ever-evolving market landscape.

 

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