The #1 Cloud-Based ERP/Financial Suite for Software Companies
NetSuite – Software Company Edition 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. See key benefits below.
- Gain real-time visibility into your business performance
- Meet your revenue recognition requirements
- Streamline billing processes
- Automate the renewals process
- Align sales and marketing
KEY FEATURES INCLUDE
Revenue Recognition – NetSuite solves your revenue accounting challenges with complete support for all key revenue recognition standards, automated revenue calculation, and fully integrated dashboards and reporting. The result is greater ease of use and flexibility, better data integrity, more visibility and lower ongoing maintenance.
Recurring Revenue Management – NetSuite’s powerful renewals engine gives you complete control of the renewals process. Easily drive renewals off contract end date, create co-terminus-based contracts and include uplift amounts that can be generated at a predetermined time. NetSuite lets you manage billing for subscription- and maintenance-based revenue streams, and increase profitability by cross-selling and up-selling to customers.
Financial Analytics and Reporting – NetSuite’s pre-configured role-based dashboards and metrics for software companies provide immediate insights into your licenses and maintenance, deferred revenue retention sales pipeline, and upsell and down-sell, and more. NetSuite even provides financial planning and modeling capabilities to ensure financial and operational discipline.
Financial Management – NetSuite’s financial management software solution is used by thousands of organizations to manage their accounting needs. It accelerates your financial close, provides strong expense management and offers streamlined and auditable revenue recognition management, including support for SOP 81-1, SOP 97-2 & 98-9, SAB 101, EITF 00-21, EITF 08-01 and EITF 09-03.
Order and Billing Management – Integrated quote-to-order-to-billing management capabilities fast-track business processes, improve quote accuracy, eliminate billing errors, strengthen revenue recognition processes and accelerate cash flow—all in a single solution. The result is faster orders, improved front- and back-office productivity and dramatically reduced billing errors.
Global Business Management – Easily manage global software companies that have multiple subsidiaries, business units and legal entities, and gain a real-time view into sales, service and financial performance. NetSuite enables complete management of different currencies, taxation rules and reporting requirements.
Customer Relationship Management (CRM) – Gain comprehensive CRM capabilities, including sales force automation (SFA), customer service and marketing automation. NetSuite’s seamless integration between marketing, sales and finance eliminates redundancy, and reduces manual processes and errors while increasing operational efficiencies.
Partner Relationship Management (PRM) – Improve collaboration with your partners, distributors and resellers with complete PRM capabilities that let you treat your partners as an extension of your direct sales team, with joint marketing campaigns, lead management and order processing.
Salesforce.com Integration – SuiteCloud Connect for salesforce.com allows salesforce.com customers to integrate their CRM processes with NetSuite’s leading on-demand financials/ERP and ecommerce functionality.