Diligent’s SuiteApp for GRC receives NetSuite recognition

Diligent, a SaaS company specializing in governance, risk and compliance (GRC) has announced that its new board reporting tool, Diligent Boards for NetSuite, has achieved the ‘Built for NetSuite’ certification.

Developed on the Oracle NetSuite SuiteCloud platform, the SuiteApp integrates with the Diligent One Platform to provide organizations with secure access to financial metrics and insights across risk, compliance audit and ESG domains. It also offers board education and best practice resources to enhance governance practices.

Brian Stafford, president and CEO of Diligent, explained that Diligent Boards for NetSuite combines NetSuite’s comprehensive ERP capabilities with the Diligent One platform to “improve how boards and executives access and digest financial data for effective oversight”. 

“As organizations prepare for IPOs or navigate regulated markets, it’s essential to have reliable, real-time financial data, which NetSuite provides. This integration adds to NetSuite financial metrics in board report templates to help streamline reporting and design work. Diligent’s visual reports can be customized with commentary highlighting key takeaways to bring clarity and consistency to board and leadership reporting,” he added.

Targeted at small to mid-market companies, pre-IPO businesses and publicly traded organizations, Diligent Boards for NetSuite aims to integrate financial management with governance protocols. The SuiteApp facilitates the creation of reports using templates crafted by industry experts and delivers these directly to leadership and board directors through the Diligent Boards platform.

“Delivering clear and digestible data-informed insights to leadership is essential for sound decision-making and business success,” said Guido Haarmans, group vice president of SuiteCloud developer network and partner programs at Oracle NetSuite. “This new SuiteApp extends our robust solution for financial reporting and can help NetSuite customers improve board communications and governance oversight.”

The ‘Built for NetSuite’ certification ensures SuiteApps meet Oracle NetSuite’s standards and best practices. This program is part of the SuiteCloud Developer Network (SDN) and is designed to give customers confidence in the quality and reliability of third-party integrations like Diligent Boards for NetSuite.

What it means for ERP Insiders

Diligent Boards for NetSuite expanding users’ capabilities: Diligent Boards for NetSuite represents a significant step forward for key stakeholders like financial controllers, governance professionals and board administrators. This integration can redefine how these roles interact with data, enabling more efficient, streamlined board reporting and governance oversight. By connecting NetSuite’s real-time financial insights with Diligent’s expertise in governance, risk and compliance (GRC), users are to expect reduced manual effort, improved data visualization and actionable insights tailored to leadership needs. 

Growing in tune with the GRC software market: This launch aligns with broader trends in the governance and financial technology space, where demand for integrated, scalable solutions continues to rise. According to industry reports, the GRC software market is expected to grow at a compound annual growth rate of over 12 percent, reaching $75bn by 2030. Competitors like SAP, Workiva and Tableau are also innovating to capture this growing market, emphasizing features like enhanced data analytics and ESG compliance. 

Choosing the Right GRC Solution to integrate into ERP systems: When evaluating technology providers in this category, end-users should prioritize key criteria such as ease of integration with existing ERP systems, the robustness of data security protocols and scalability to meet evolving business needs. Solutions that offer customizable reporting, industry-standard certifications and a strong support ecosystem stand out in a crowded market. Beyond functionality, organizations should also consider a vendor’s track record in delivering GRC solutions and their commitment to staying ahead of regulatory and technological trends, ensuring long-term value and operational resilience.