NetSuite for Software, Cloud and Internet Companies
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NetSuite for Software, Cloud and Internet Companies NetSuite is the only cloud ERP/financials solution purpose-built for software companies. The scalable foundation for modern high-growth technology companies, NetSuite increases efficiencies so you can accelerate productivity and revenue growth.
OVERVIEW OVERVIEW Benefits Features Customer Success Resources/Contact In the high tech industry, vision and the ability to scale often separate the also-rans from the winners. NetSuite’s cloud ERP/financial suite is the disparate systems – these are the keys to top choice of technology companies who scaling your organization regardless of how understand that the key to unlocking and big you are today. Startups, midsize and Zach Nelson explains why cloud computing is the last great technology architecture and NetSuite’s role as managing growth is a back office system enterprise software providers all benefit from a cloud computing pioneer. that can address today’s challenges while NetSuite’s award-winning solutions. providing the critical foundation needed for the future. Leapfrog your competition with technology built for the 21st century business while at the More than 1,200 software Over 1,200 software companies trust NetSuite same time future-proofing your infrastructure to provide the foundation that runs their investment. NetSuite’s cloud subscription companies run their mission critical business processes. NetSuite’s model dramatically lowers costs and the track record as the business system of burden on internal IT organizations. The business on NetSuite— record for hyper-growth tech companies latest software enhancements are applied is unmatched. Our customers are routinely automatically, and customizations carry over and we do too. named to the Deloitte Technology Fast 500, with each upgrade. Anytime, anywhere access the JMP Securities’ Hot 100 and other lists boots productivity and scales with your that celebrate tech company success. And business. NetSuite continues to power the software industry’s hottest IPOs. But NetSuite isn’t just for start-ups. “We needed more than just a good Software companies of all sizes benefit accounting solution. We had to responsibly LEARN MORE from our solutions. Increase efficiency manage growth, and NetSuite provided the RESEARCH STUDY with a comprehensive, global financial and business application to do exactly that.” Cloud-Based Solutions Deliver Key accounting core, improve visibility as your Performance Improvements to Software business grows and evolves, and eliminate —SolarWinds Companies costly and ineffective manual processes and < 2 >
BENEFITS Overview BENEFITS Features Customer Success Resources/Contact NetSuite focuses in on pain points and provides a solid foundation for rapid growth. FOR START-UPS AND MID-MARKET SIMPLIFY REVENUE RECOGNITION COMPANIES Solve complex revenue recognition With growth comes complexity. You have challenges with flexible revenue recognition Box leverages NetSuite Cloud ERP as part of best-of- to manage complex business processes scheduling that supports all current standards, breed approach to business technology. such as revenue recognition, forecasting, and be prepared to comply with the evolving procurement, specialized pricing models, and guidelines coming with ASU 2014-09. recurring revenue streams. The systems that “NetSuite’s financial reporting, compliance worked well when you were a start-up begin ACCELERATE FINANCIAL CLOSE workflows, and other functions helped us to break down. It’s tempting to augment with Close with confidence and report financials spreadsheets and standalone applications, but quickly and accurately. NetSuite combines save months of staff time during our IPO as growth continues these manual efforts and rich accounting functionality with strong process, and they continue to help us ad-hoc applications hinder productivity. compliance management that eliminates save time and money in our day-to-day the need for spreadsheets and manual financial compliance reporting.” NetSuite helps hyper-growth companies: reconciliations, even as your business —Cornerstone OnDemand expands internationally. SCALE FOR RAPID GROWTH The most consistent benefit reported by LEVERAGE YOUR EXISTING CRM software companies using NetSuite is the INVESTMENT ability to rapidly scale the business and Our real-time connector for Salesforce provide the back-office systems foundation integrates NetSuite’s powerful order that stands up to the rigors of transitioning management and finance capabilities with from a small privately held company to a your existing CRM for complete lead-to cash LEARN MORE publicly held global organization. automation. EXECUTIVE BRIEF Why Private Software Companies Grow Better in the Cloud < 3 >
BENEFITS Overview BENEFITS Features Customer Success Resources/Contact NetSuite is the choice for modern, forward-looking tech companies. For Mature and Public Companies multinational organizations to seamlessly Modern technology companies require a manage multiple currencies, tax rules, and foundation that enables flexibility, agility and reporting requirements. Gain unprecedented Jive Software orchestrates global growth and visibility. Cloud computing is the accepted visibility of your business in real time, ensuring agility with NetSuite OneWorld. business architecture of today and tomorrow, consistent, compliant management across the freeing you to focus on innovation rather than organization, locally and globally. maintaining hardware and software. Equally important is the need for a solution that is SUPERCHARGE PROFESSIONAL SERVICES “With NetSuite, we’ve eliminated a lot of dynamic and forward-looking. Real-time data PROFITABILITY complexity with a unified platform that insights that allow you make important course Embedded Professional Services teams integrates with other cloud applications. corrections, and the powerful SuiteCloud benefit from NetSuite PSA solutions designed NetSuite gives us transparency and a platform empowers you to configure and to maximize resource utilization, elevate on- single view of everything without jumping customize NetSuite to meet specific needs. time delivery, automate billing and revenue through hoops.” recognition, and gain visibility into project NetSuite helps mature companies: profitability. —CommVault Systems INCREASE VISIBILITY FOR IMPROVE AGILITY AND FUTURE-PROOF DECISION MAKING THE BUSINESS With NetSuite you have access to important NetSuite provides a cost-effective solution that business metrics anytime, anywhere. Business boosts productivity, integrates with other best users get real-time dashboards, analytics, and of breed cloud applications and reduces the alerts through solutions optimized for the latest burden on IT. Built-in is the SuiteCloud platform LEARN MORE mobile devices. that provides a range of customization tools for WHITE PAPER extending NetSuite to fit your unique business The 8 Ways Outdated ERP Damages STREAMLINE GLOBAL needs — now and as your business challenges Your Business BUSINESS OPERATIONS evolve. NetSuite OneWorld allows multisubsidiary, < 4 >
FEATURES Overview Benefits FEATURES Customer Success Resources/Contact Powerful cloud-based business management solutions that enable software companies to eliminate complexity and unlock growth. COMPREHENSIVE FINANCIAL REGULATORY COMPLIANCE MANAGEMENT AND REVENUE NetSuite simplifies compliance with GAAP, RECOGNITION CAPABILITIES FASB, SEC, and AICPA regulations and Adaptive Insights shares the keys to scaling a NetSuite gives software companies all the standards. It also facilitates SOX Section 404 hyper-growth cloud company. tools needed to manage revenue recognition compliance by supporting internal controls and billing schedules while ensuring and enabling individual accountability through compliance. You eliminate double entries and a complete audit trail of all processes and “It was very important to have a solution manual reconciliations with a single financial transactions. that could scale and grow with us. NetSuite system that manages accounting, complex billing, and revenue recognition. PROFESSIONAL SERVICES AUTOMATION OneWorld is reliable, it’s organized, it can Take advantage of all the tools needed to be counted on and it’s made a lot of things RECURRING REVENUE AND SUBSCRIPTION leverage resources, manage projects, and so much easier. It’s an amazingly efficient MANAGEMENT TOOLS deliver profitable quality services to your way to manage our global finances and Manage recurring revenue streams with clients. And because NetSuite solutions are operations.” powerful solutions for both SaaS and run in the cloud, your consultants can take —Tableau Software perpetual license providers. Automate contract advantage of online and mobile access to renewals, streamline management of term work where and when they want. and evergreen subscriptions, facilitate change orders/co-termination, and gain support for INDUSTRY-LEADING CUSTOMIZATION upsell and cross-sell activities. NetSuite believes that customers should be able to configure their systems with minimal IT GLOBAL BUSINESS MANAGEMENT and developer efforts. Our SuiteCloud platform LEARN MORE AND CONSOLIDATION provides powerful tools to tailor and integrate WHITE PAPER Seamlessly manage multiple currencies NetSuite for your unique business needs and Revenue Recognition Changes are and reporting as your business expands ensures that your customizations migrate Coming Soon: Five Key Consideration globally. NetSuite One World provides global when upgrading to a new release. for Adopting ASU 2014-09 accounting and consolidation, award-winning multicurrency management, a configurable tax engine, and comprehensive language support. < 5 >
CUSTOMER SUCCESS Overview Benefits Features CUSTOMER SUCCESS Resources/Contact Click below to find out why more than 1,200 software companies have chosen NetSuite, making it the #1 cloud business management suite powering the high tech industry. See how ESET grew its revenue by 10X after switching to NetSuite. “NetSuite has allowed us to build a stable and reliable financial platform to support the company through its dramatic growth.” —Atlassian LEARN MORE CUSTOMERS LIKE YOU NetSuite Software Industry Customer Success Stories < 6 >
RESOURCES Overview Benefits Features Customer Success RESOURCES/CONTACT WATCH VIDEOS Box leverages NetSuite Cloud ERP as part of best-of-breed See how ESET grew its revenue by 10X after switching to Adaptive Insights shares the keys to scaling a hyper-growth Jive Software orchestrates global growth and agility with approach to business technology. NetSuite. cloud company. NetSuite OneWorld Contact us or explore these resources to find out more about NetSuite for the software industry. NETSUITE DATA SHEETS NETSUITE CFO THE NETSUITE ECOSYSTEM NetSuite EXECUTIVE BRIEF NetSuite is supported by a NetSuite Revenue Recognition Why Private Software Companies thriving ecosystem of partners NetSuite OneWorld Grow Better in the Cloud who provide innovative third-party NetSuite Financial Planning solutions tested and developed IDC TECHNOLOGY SPOTLIGHT specifically to work with and Strategies for Optimizing extend your NetSuite investment. SL ASSOCIATES RESEARCH PAPER Recurring Revenue Models in LEARN MORE Cloud-Based Business Solutions the Software Industry Deliver Key Performance NETSUITE WHITE PAPER Improvements to Software Companies Recognition Changes are Coming NEXT STEPS Soon: Five Key Consideration for Contact Us: 1877NETSUITE Adopting ASU 2014-09 info@netsuite.com Take a Free Product Tour < 7 >
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