The NGO Solution is a add on of a special kind. This SAP Business One Integration was specially developed by Versino for the Yunus Social Business organisation in Haiti. The company, founded by Nobel Peace Prize winner Mohammed Yunus, supports various social projects, e.g. by providing microloans, donations, investor funds and services to local small businesses.
SAP B1 can support all of the organisation's business processes.
What is important for the YSB is predominantly the:
- Contract management (investors, donors)
- Administration, project allocation of funds and donations
- Accounting for repayment to investors
- Reporting for investors
- Monitoring of supported projects
In addition, the work with the system is complemented by a web app that can be easily operated with any mobile device. With this app, the funded companies report key performance indicators (KPIs) and milestones back to the funders - in this case YSB. These figures can prove the financial and economic progress of a project and form the basis for investor reporting. With SAP B1, this data can be securely recorded and evaluated.
This is the optimal way to carry out the concept of social business, as Mohammed Yunus himself supports it.