The International Agency for Women’s Development (IWDA) pursues its vision of an equal world with NetSuite OneWorld
SYDNEY, November 28, 2017 / PRNewswire / – Oracle NetSuite, the World’s Leading Cloud-Based Financial Services Provider / ERP, HR, Automation of professional services (Message of public interest) and omnichannel commerce software suites, today announced that International Agency for Women’s Development (IWDA), Australia’s leading agency fully focused on women’s rights and gender equality in Asia Pacific, implemented NetSuite OneWorld to centralize and improve financial management and deliver new operational efficiencies that will help it strengthen and focus more deeply on its vision of gender equality for all.
Founded in 1985 and based in Melbourne, Australia, IWDA’s mission is to advance and protect the rights of women and girls everywhere by promoting women’s leadership and participation, strengthening women’s safety and security, accelerating women’s economic empowerment and advancing systemic change. IWDA worked with 194 program partners in 36 countries and territories around the world. Today it focuses on partnership programs and projects through Asia Pacific as well as research, policy and advocacy through national, regional and global platforms. IWDA conducts gender-sensitive research on topics such as the relationship between money and violence, violence against women with disabilities in Cambodia and the poverty gap between men and women. IWDA staff and partners are constantly on the move, working in urban or rural settings – from the Highlands to Papua New Guinea, in the Valleys of Burma and the mountains of Timor Leste or the lagoons of The Solomon Islands. This creates significant challenges in the areas of communications, accountability, reporting and management.
The Social Impact branch of NetSuite is committed to mobilizing corporate resources for social impact through its software donation and pro bono services. As a non-profit organization, IWDA has qualified for Social impact of NetSuite software donation.
The organization has experienced strong growth, with revenues increasing by $ 4.5 million to $ 10.6 million over four years through development grants and community support contributions. As a result, IWDA had to replace its existing MYOB, Calxa and Excel spreadsheets for financial management and reporting. He implemented NetSuite OneWorld in January this year to free up staff time so they could focus more on programs, resources, partnerships and advocacy, rather than getting bogged down in manual processing and creating reports.
“The centralized, integrated cloud solution provided by NetSuite has brought a significant technological leap to our operations and reduced data management and duplication, creating efficiencies across the agency,” said Joanna hayter, CEO of IWDA. “We are excited to advance our agency’s productivity in this way and believe that NetSuite will continue to provide us with scalability for the future. “
NetSuite OneWorld supports 190 currencies, 20 languages, automated tax calculation and reporting in over 100 countries; customer transactions in more than 200 countries; and enables companies to streamline their critical business processes.
NetSuite OneWorld has enabled IWDA to adopt a sophisticated financial knowledge management process that provides greater data integrity and minimizes data duplication. The solution also helped strengthen audit trails and cut the time spent on month-end reports by at least three days, with the hope that this will reduce further. IWDA staff and partners can now also remotely access documentation and information anywhere, anytime
A critical element of the partnership was NetSuite’s ability to demonstrate similar corporate values in terms of supporting nonprofit organizations through its corporate social responsibility (CSR) initiatives and alignment of values and focus. intention towards fair and equitable work and vision. This important metric was the first attribute assessed by IWDA when it first selected NetSuite.
“We are delighted to be working with IWDA in providing the technological foundation to help the organization in its mission to help women achieve true equality,” said Lee Thompson, group vice president and general manager, Asia Pacific and Japan (JAPAC), Oracle NetSuite. “With NetSuite OneWorld, IWDA can better use existing information and data to envision the future more strategically and make the best business decisions to advance the organization’s vision and achieve its socially and economically important business goals. “
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