With NetSuite Software Company Edition, NetSuite provides the leading cloud-based integrated ERP/financials for software, Software as a Service (Saas) and Web 2.0 companies. Leveraging NetSuite, your software company can manage its entire front- and back-office operations through a single, flexible, powerful business application. Integrating advanced financials, revenue recognition, billing, CRM, ecommerce and more, NetSuite provides a complete on-demand solution tailored to the unique needs of the software industry.
As a software company, NetSuite understands the challenges of managing a global software business across thousands of customers and employees. The NetSuite Software Company Edition features software-specific capabilities that your company needs to address the industry’s requirements—evolving revenue recognition rules, recurring revenue management, real-time visibility and more. Unlike on-premise vendors or niche tools that require high maintenance or don’t focus on software-specific requirements, NetSuite’s solution is built from the cloud up to help your company understand and manage performance and optimise revenue and growth.
- Gain real-time visibility into your business performance across finance, sales and service through role-based dashboards and KPIs specifically designed for the needs of software companies
- Meet your revenue recognition requirements, with support for SOP 81-1, SOP 97-2 & 98-9, SAB 101, and EITF 00-21, and the latest EITF 08-01 and EITF 09-03 rules
- Streamline billing processes with recurring revenue management functionality that frees up resources and reduces billing errors
- Automate the renewals process to ensure that sales, finance and service are focused on maximising customer renewals
- Align sales and marketing with powerful CRM functionality, including advanced quote management, cross-sell and up-sell management and commissions management.
Solve complex revenue recognition challenges with support for current standards and be prepared to comply with evolving rules and guidelines.
Seamlessly enable management of multiple currencies, tax rules and reporting requirements as your business grows internationally, without losing visibility into performance.
Automate billing across multiple revenue streams—subscription, product, usage and services—with the only comprehensive billing solution pre-integrated with core financials.
SuiteCloud Connect for Salesforce CRM integrates the #1 cloud financials solution with your existing CRM for complete lead-to-cash automation.
Embedded Professional Services organisations benefit from NetSuite’s PSA solutions designed to maximise resource allocation, elevate on-time delivery and streamline project accounting.
Optimise recurring revenue streams with a powerful subscription and maintenance renewals engine designed for SaaS and perpetual license software providers.
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