Transform Aid International Improves Financial Reporting

Transform Aid International Boosts Its Fight Against Poverty with Streamlined Financial Capabilities

Transform Aid International is a global aid organisation operating in 18 countries. Since its humble beginnings in an Australian garage, the organisation has grown to 75 employees and 40 volunteers to join hands to end poverty, uplift communities and provide disaster relief. Globally, it oversees 82 life-changing community development projects that strive to address the root causes of poverty, from providing clean access to water to education and health care.

COMPANY

Transform Aid International

LOCATION

Australia and 18 other countries

INDUSTRY

Global Charity and Aid Organisation

EMPLOYEES

75 full time, 40 volunteers

REVENUE

FY2018: AUD$ 18.1 million

NUMBER OF USERS

55 Full Access + 34 Employee Centre = 89 users

NUMBER OF SUBSIDIARIES

NUMBER OF COUNTRIES

3 countries with subsidiaries managed in NetSuite, about 20 countries where we either operate programs or fundraise

SYSTEM REPLACED

MYOB

NETSUITE PRODUCT IMPLEMENTED

NetSuite OneWorld Mid-Market Financials

IMPLEMENTATION PARTNER

In-house IT team with support from NetSuite Professional Services

NetSuite is the financial platform that enables us to efficiently track our income and expenditure to help us achieve our mission of creating a world without poverty.” Natasha Gerhardt, CFO, Transform Aid International

Improving Financial Accountability and Consolidation

Greater mission, greater accountability: Transform Aid International’s mission led to global expansion with the help of extensive local and international partners and alliances. This saw growing donation volumes and financial data from new jurisdictions, increasing the demand for new and more complex financial reporting and straining existing systems beyond their limits.

Lifting people out of poverty worldwide: To support its mission worldwide, Transform Aid International needed to better track and process growing transaction volumes through its supply chain. As it continues to grow and expand its projects globally, its new solution also had to scale, integrate with other digital assets and provide visibility for on-time budgeting and reporting.

Unified financials delivers proactive planning: Using NetSuite, Transform Aid International consolidated all transactions onto one shared accounting platform—allowing staff worldwide to access financial data from one source and enabling proactive planning of project budgets and fundraising campaigns. This has reduced the annual effort to consolidate donation data from weeks to hours.

Bringing on real global change: NetSuite’s platform has helped Transform Aid International to establish new subsidiaries, projects and partnerships with scalable, multinational financial systems that easily adapt to any situation. The organisation aims to continue using the solution to better drive projects, champion financial transparency for donors and meet financial compliance requirements as it continues to build lasting solutions to global poverty.

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