#United States #Salem #RSM US LLP #NetSuite Award #Peabody Essex Museum

RSM US LLP Honored for Financial Modernization Efforts

In an impressive feat, RSM US LLP has been recognized at the NetSuite Spring 2026 Spotlight Awards, winning in the nonprofit category for its significant contribution to the Peabody Essex Museum (PEM). As a prominent leader in consulting, tax, and assurance services tailored to the middle market, RSM has once again demonstrated its expertise by enhancing financial operations at PEM, located in Salem, Massachusetts.

A Legacy of Excellence

Founded in 1799, PEM stands as the oldest continuously operating museum in the United States. With a mission dedicated to preserving and showcasing diverse art and cultural works from around the world, the museum’s operations have evolved significantly over the years. However, as PEM expanded its vast collection and audience, it faced challenges stemming from outdated and fragmented technology systems that hindered financial visibility and decision-making.

To combat these issues, PEM turned to RSM for a comprehensive modernization solution aimed at enhancing its finance environment. The collaboration focused on improving operational foundations, streamlining processes, and providing better visibility into financial data, all crucial elements for the museum's growth and sustainability.

Implementation of NetSuite

Employing the RSM Velocity methodology, the firm implemented a NetSuite enterprise resource planning (ERP) system coupled with an enterprise performance management (EPM) platform. This structured approach included the use of pre-configured industry accelerators and a well-documented framework to facilitate design, testing, and deployment.

The entire modernization process was accomplished in just three and a half months, showcasing RSM's commitment to swift and effective project delivery. Leveraging their deep knowledge about nonprofit operations, the team ensured that PEM could manage budgeting, planning, forecasting, and reporting with enhanced efficiency and insight.

Dan Draper, the Acting CFO of PEM, emphasized the importance of having a trusted advisor like RSM throughout the implementation process. He noted, “Successful technology initiatives depend on having a trusted advisor who is invested in your success well beyond go-live.” This endorsement highlights the importance of partner engagement in technology transitions, particularly in nonprofit sectors where financial management is key to fulfilling missions.

Significance of the Recognition

RSM's recognition at the NetSuite Spotlight Awards underscores its leadership in helping nonprofits navigate financial complexities. As the largest global NetSuite partner, the firm continues to offer extensive support throughout the ERP lifecycle, from implementation to optimization and managed services.

Heidi Megna, Principal of NetSuite Consulting at RSM, pointed out, “As organizations face increasing complexity, they need finance systems that deliver real-time insights, operational efficiency, and the flexibility to scale.” This perspective reflects the critical need for nonprofits to adapt and improve their financial management infrastructure in an ever-evolving landscape.

Conclusion

The relationship between RSM US LLP and Peabody Essex Museum exemplifies successful collaboration geared toward innovation and operational excellence. As PEM continues to embrace modern financial management practices, its capability to fulfill its mission remains strong. The recognition from NetSuite serves as a testament to RSM's commitment to empowering organizations in the middle market and enhances their operational frameworks to ensure long-term success and sustainability. To learn more about the Peabody Essex Museum's endeavors and its impressive collection, visit their website at www.pem.org. For further details about RSM’s services, check out rsmus.com.