Coca Cola Foundation Improves Back-end Operations with Oracle NetSuite Social Impact

Coca-Cola Foundation Improves Back-end Operations with Oracle NetSuite Social Impact

Company

Coca-Cola Foundation Philippines

Location

Manila, Philippines

Industry

Nonprofit

Application Replaced

QuickBooks

NETSUITE PRODUCT IMPLEMENTED

NetSuite ERP

“NetSuite is helping us operate more efficiently so that we can put our time and energy into making a meaningful difference in the lives of underprivileged Filipinos.” Coca-Cola Foundation Philippines

Customer Success

Coca-Cola Foundation Philippines has gained new visibility and control in financials and project management to heighten the impact of its diverse social welfare programmes.
Greater process efficiency and automation in NetSuite helps the nonprofit organisation channel time and energy into projects related to access to water, environment preservation, youth empowerment and disaster response and relief operations.
Donation and discounted licensing of Oracle NetSuite Social Impact also preserves limited resources to help the nonprofit better serve disadvantaged Filipinos.
With on-demand access to real-time information, Coca-Cola Foundation Philippines is able to make faster, more informed decisions to better fulfill its social mission.
Nonprofit forecasts savings of 2.5 million Philippine pesos in training and software licensing costs through Oracle NetSuite Social Impact.
Coca-Cola Foundation Philippines is saving two days of work a week with financial reports that provide snapshots of per-project budgets, costs and funding with drill-down to detail.
Project Management reports enable Coca-Cola Foundation Philippines to save two weeks of work a month in managing project financials by donors, vendors and more.
NetSuite supplies scalability for growth and continued delivery of projects that have touched hundreds of thousands of Filipinos since the organisation’s founding in 1986.

Challenges

Coca-Cola Foundation Philippines experienced limitations in functionality, process synchronisation and visibility in its previous QuickBooks environment.
As any nonprofit, Coca-Cola Foundation Philippines wanted to expand its growth potential and better manage and measure the impact of programs for the benefit of its stakeholders.
The limited available software in the market were either too expensive or too time-consuming to implement by its lean staff.

Solution

Selected after a rigorous evaluation against competing solutions, NetSuite was far more affordable and delivered the industry-leading management capabilities that Coca-Cola Foundation Philippines wanted.
A three-person Suite Pro Bono team had NetSuite up and running just two months, helping Coca-Cola Foundation Philippines speed time to value from June 2014 go-live date.
Suite Pro Bono implemented customisations that give the nonprofit better visibility by tying together project financials, donors and vendors engaged for project-related goods and services.

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