The Manila Times

Social enterprise incubator uses NetSuite to fight poverty

-

GAWAD Kalinga Enchanted Farm, an incubator for social enterprise­s in the Philippine­s, has implemente­d Oracle NetSuite to

million families by 2024. With NetSuite, GK Enchanted Farm has improved operationa­l

- ferent social business units and department­s, allowing greater scale and impact for Gawad Kalinga’s 2,500 communitie­s.

Establishe­d in 2010 by Gawad Kalinga Community Developmen­t Foundation (GK), a Philippine-based movement aiming to end poverty, GK Enchanted Farm provides local social entreprene­urs from a variety of industries with access to the resources needed to bring their ideas to life and build a sustainabl­e livelihood. To support its growing operations and ensure it could quickly and easily integrate data from its expanding network of social enterprise­s, GK Enchanted Farm selected NetSuite.

“To meet our goal of ending poverty for

streamline our business processes so that we could focus on driving growth and enhancing the quality of life for local farmers,” said Shanonraj Khadka, chief executive, GK Enchanted Farm. “With NetSuite at the heart of all our business processes, we’ve reduced the time spent on administra­tive tasks by half and can now get a complete and timely view into our operations. This makes a huge difference and will help us focus time and resources on achieving our mission.”

With NetSuite OneWorld, GK Enchanted Farm has been able to enhance decision mak-

to manage all business operations, including its network of incubated social enterprise­s.

NetSuite gives GK Enchanted Farm a better understand­ing of its business performanc­e — both overall and on granular levels — so that the NGO is able to make more accurate forecasts and ensure that it is tax compliant at all times.

“Organizati­ons like Gawad Kalinga Enchanted Farm should be focusing their time and resources on realizing their vision, instead of administra­tive tasks,” said Hazel del Rosario-Lee, managing director, Oracle NetSuite Philippine­s. “We are delighted to support GK Enchanted Farm so that they can better serve social enterprise­s and ultimately reduce poverty in the Philippine­s and the rest of the world.”

Newspapers in English

Newspapers from Philippines