Transform your Software/Internet Company



NetSuite for Software, Cloud & Internet Providers.

A solid foundation allowing fast-paced growth for modern technology companies.

Scale

NetSuite is powering today’s fastest growing companies from start-up to IPO and beyond.

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Streamline

Automate key business processes to increase finance efficiency and accuracy.

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Modernize

Unlock the innovative potential within your organization. Easy to use and accessible anytime, anywhere.

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Scale

Underpinning your Company and Scaling for Hyper-Growth.

In the high tech industry, strong vision and the ability to embrace rapid growth separates the winners from the losers. The key to unlocking and managing growth is a back office system that can address today's challenges while providing the critical foundation needed for the future. NetSuite's cloud ERP/financial suite is the top choice of today’s technology companies.

NetSuite uniquely understands the challenges facing hyper-growth software companies because it too has grown its business from start-up to software industry leader, with annual revenue run rate of over half a billion. And it did this running on NetSuite.

NetSuite's track record as the business system for hyper-growth tech companies is unmatched. The Deloitte Technology Fast 500, JMP Securities' Hot 100 and other lists that celebrate tech company success routinely name NetSuite customers.

Today over 1,000 software companies are using NetSuite to provide the foundation that runs their mission critical business processes. And the software industry's hottest IPOs continue to run on NetSuite. Simply put, tomorrow’s tech leaders run NetSuite today.

NetSuite is the key to scaling your organization regardless of how big you are today. Increase efficiency with a comprehensive, global financial and accounting core, improve visibility as your business grows and evolves, and eliminate costly and ineffective manual processes and disparate systems. Start-ups, midsize and enterprise software providers all benefit from NetSuite's award-winning solutions.

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Streamline

Streamlining the Back Office so You can Focus on Growing the Business.

Growth inevitably leads to business complexity. You have to manage more complex business processes such as revenue recognition, forecasting, procurement, specialized pricing models, recurring/subscription based revenue streams, order management and an embedded professional services team, just to name a few.

Cracks begin to appear in the processes and systems that worked well when your business was a start-up, or focused on a single product type, or selling in a single market. It's tempting to patch these with spreadsheets and standalone applications to meet incremental needs as they arise. But as growth continues, these disconnected processes and ad-hoc applications begin to slow down productivity.

But there is another way.

NetSuite's cloud business management solutions provide the foundation software companies need to streamline critical business process. By automating quote-to-contract, provision-to-bill, invoice-to revenue recognition, project proposal-to-profit and plan-to-report processes, NetSuite helps software companies:

  • Eliminate the use of error-prone spreadsheets.
  • Reduce manual reconciliations.
  • Speed up the financial close process.
  • Improve order-processing efficiency.
  • Reduce IT support and resource costs.
  • Improve professional services productivity.
  • Gain controls critical for compliance activities.

The results speak for themselves. NetSuite’s software customers report 25-80% improvements across multiple areas of the business, including: financial management, IT management, professional services and business visibility.

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Modernize

The Choice for Modern, Forward-Looking Tech Companies.

Disparate business systems, manual processes and isolated data sources are hindrances to growth. Modern technology companies require a foundation that enables flexibility, agility and visibility. Cloud computing is the accepted business architecture of today and tomorrow. NetSuite gives modern technology companies the flexibility and agility they need while providing a 360° view of their business - free to focus on innovation rather than the burden of maintaining hardware and software.

NetSuite gives you access to important business information anytime, anywhere. Solutions are optimized for the latest mobile devices and they are easy to use so you can increase employee productivity and ramp up numbers quickly.

NetSuite provides real-time data insights that allow you to make necessary course adjustments and project changes out into the future giving you an important forward-looking, dynamic control of your business.

Each software company is unique and requires the flexibility to adapt to today’s ever changing business environment. The SuiteCloud platform is built in to NetSuite and offers multiple tools that empower you to both configure and customize NetSuite to meet your specific business needs.

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Customer Stories

  • openwave

    Openwave

    Global provider of white-label messaging solutions for service providers and enterprise companies, with more than 400 million mailboxes installed worldwide and 35% market share

  • si_group

    S.I. Group

    World leader in CAM, nesting and PCS solutions for sheet metal working

  • tagetik

    TAGETIK

    Tagetik offers a unified Corporate Performance Management software solution for for budgeting, planning, forecasting, consolidation, reporting, profitability management, disclosure, financial governance, analysis and more

  • Moviri

    MOVIRI

    Moviri deliver enterprise performance optimization solutions, partnering with top vendors like BMC, HP, Splunk and VMware. Consulting projects for 200+ enterprise IT customers

  • uFirst

    UFIRST

    uFirst, an innovative application that allow you to skip the line at any place in the world where you are

  • Ex Libris

    Ex Libris

    Leading provider of library automation solutions

  • Selerant

    Selerant

    Product Lifecycle Management (PLM) and Compliance Solutions

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Eliminate complexity and unlock growth with powerful, cloud-based business management solutions.

Manage Orders

Automate processing for both initial and recurring transactions.

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Streamline Billing

Automate billing across multiple revenue streams—subscription, product, usage and services.

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Recognize Revenue

Solve complex revenue recognition challenges and comply with evolving standards.

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Close the Books

Close with confidence and report financials quickly and accurately.

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Optimize Recurring Revenue

Manage recurring revenue with powerful solutions for both SaaS and perpetual license providers.

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Consolidate Global Financials

Seamlessly manage multiple currencies and reporting as your business expands.

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Salesforce Integration

Integrate with your existing CRM for complete lead-to-cash automation.

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Automate Professional Services

Maximize resource allocation, elevate on-time delivery and streamline project accounting.

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Customize for Your Business

Leverage SuiteCloud to customize for today and future-proof your investment.

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Manage Orders

Eliminate Manual Headaches and Kick-start Your Order-to-Cash Process.

Establish a smooth flow from sales quote to approved order with intelligent workflows that automate approvals, pricing and discounting.

  • Automate order validation and quality assurance.
  • Establish credit controls.
  • Support discount approvals.
  • Manage your subscription business.
  • Facilitate customer service with a 360-degree view of customers.
Business Impact

Cost to Serve
Reduce your cost to serve with improved speed and accuracy.

Revenue Growth Rate
Easily scale order capacity as your business grows.

Cycle Time
Drive down cycle times by eliminating manual processes.

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Streamline Billing

Streamline Billing Across Multiple Revenue Streams.

Automate billing across your product, subscription and services revenue streams with the only comprehensive billing solution pre-integrated with core financials.

  • Automate the order-to-cash process.
  • Generate, transmit and collect invoices.
  • Support for billing from multiple revenue streams.
    • Sales order billing
    • Project billing
    • Usage/consumption billing
  • Collect key information with real-time access.
  • Integration with revenue recognition.
Business Impact

Cash Conversion
Eliminate billing errors and improve invoice to payment cycle time.

DSO
Improve DSO/DBO with controls and visibility.

Revenue Growth
Reduce revenue leakage with a solution that scales rapidly.

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Recognize Revenue

Recognize Revenue with Confidence and Accuracy.

Solve complex revenue recognition challenges with support for current standards and be prepared to comply with evolving rules and guidelines.

  • Automate complex revenue recognition.
  • Flexible revenue recognition scheduling.
  • Comply with existing standards including:
    • Revenue arrangements with multiple elements (ASC 605-25).
    • Software and services contracts (ASC 985-605).
    • Percentage-of-completion accounting (ASC 605-35).
  • Prepare for ASU 2014-09 adoption.
Business Impact

Back Office Efficiency
Eliminate spreadsheets and manual work efforts.

Compliance
Maintain compliance with applicable accounting standards.

Deferred Revenue
Automate revenue recognition schedules and manage deferred revenue.

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Close the Books

Accelerate the Financial Close Process.

Close with confidence and report financials quickly and accurately. NetSuite combines rich accounting functionality with strong compliance management that eliminates the need for manual reconciliations.

  • General ledger
  • Accounts receivables
  • Accounts payable
  • Internal controls
  • Compliance
  • Audit trails
  • Tax management
Business Impact

Time to Close
Close the books with speed and accuracy by eliminating manual reconciliations.

Back Office Efficiency
Automate the end-to-end financial close process.

Compliance
Establish controls and enable audit trails.

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Optimize Recurring Revenue

Feed Your Recurring Revenue Engine.

Grow recurring revenue streams with a powerful subscription and maintenance renewals engine designed for SaaS and perpetual license software providers.

  • Term and evergreen subscription management
  • Change order management
  • Support for co-termination
  • Contract renewal automation
  • Termination and cancellations
  • Support for upsell and cross-sell
Business Impact

Customer Lifetime Value
Increase LTV by automating the renewals process.

Average Customer Revenue
Capitalize on upsell and cross-sell to grow ARR/MRR.

Forecasted Revenue
Gain insights into the drivers of your business to improve forecast accuracy.

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Consolidate Global Financials

Effortlessly Expand to International Markets.

As your business grows globally, seamlessly enable management of multiple currencies, tax rules, and reporting requirements while maintaining visibility with NetSuite OneWorld.

  • Global accounting and consolidation
  • Comprehensive multicurrency management
  • Audit and compliance reporting
  • Comprehensive language support
  • Configurable tax engine
  • Instant visibility at the global and subsidiary level
Business Impact

Back Office Efficiency
Multi-currency management tools ensure reporting accuracy locally and globally.

Time to Close
Eliminate the complexity of managing multiple currencies and close the books faster.

Decision Support
Get unprecedented visibility of your business worldwide in real time.

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Salesforce Integration

Leverage Your Existing CRM Investment with Salesforce Integration.

Real-time connector for Salesforce integrates NetSuite's powerful order management and finance capabilities with your existing CRM for complete lead-to-cash automation.

  • Seamless integration from NetSuite ERP to Salesforce CRM.
  • 360-degree view of data throughout the lead-to-cash process.
  • Customizable fields and processes based on company workflow.
  • Uses the native Salesforce interface.
  • Quick and easy setup to ensure rapid business impact.
Business Impact

Sales Efficiency
Sales benefits from a 360-degree view into orders, payments and invoices.

Pipeline Management
Get up-to-date sales data from Salesforce CRM to support time sensitive business decisions.

Forecasting
Real-time data synch eliminates manual work and improves forecast accuracy.

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Automate Professional Services

Maximize the Value of Your Embedded Professional Services Team.

Embedded Professional Services teams benefit from NetSuite PSA solutions designed to maximize resource allocation, elevate on-time delivery and streamline project accounting.

  • Improve utilization with resource management.
  • Gain visibility into project management.
  • Automate billing and revenue recognition.
  • Easily manage time and expense.
  • Enable project accounting.
Business Impact

Project Profitability
Gain visibility into project profitability to inform decision-making.

Resource Utilization
Improve burn rates and ensure your resources are assigned to maximize value.

Customer Satisfaction
Elevate on-time delivery through increased visibility into all aspects of your PS business.

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Customize for Your Business

Future-Proof Your Investment with Powerful Tools for Customization and Extension.

The SuiteCloud platform provides a range of customization tools to extend NetSuite to fit your unique business needs—now and as your business challenges evolve.

  • Point-and-click application configuration
  • Click-not-code workflow engine
  • Scripting solutions for building new apps and processes
  • SOAP-based web-services for integration with existing applications
  • Real time role-based dashboards
  • Pre-built and ad-hoc reporting with ODBC access across customizations
Business Impact

Back Office Efficiency
Automate processes unique to your business to further increase efficiencies.

Real-time Visibility
Integrate NetSuite with other critical business systems to create one system of record.

Decision Support
Improve decision making with advanced analytics and reporting across the organization.

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