First Industry-Specific On-Demand Business Suite NetSuite Software Company Edition Launched
Integrates Industry-Specific ERP and CRM Functionality With 15 Role-Based AJAX Dashboards
Mar. 15, 2006 12:30 AM
NetSuite has launched NetSuite-Software Company Edition. NetSuite-Software Company Edition is specifically designed to manage a software business and the software customer life cycle, from the moment the lead is in the system through the sales process to purchase and on to subsequent renewals and repeat sales. In addition, NetSuite-Software Company Edition adds new rich financial management functionality including revenue recognition and usage-based billing that can cost hundreds of thousands of dollars when purchased from niche providers of inflexible applications. Finally, this edition of NetSuite includes new versions of NetSuite’s renowned AJAX Dashboards that are specifically designed to give software company executives and frontline users real-time visibility into the key performance indicators that make or break their success.
The new features of NetSuite-Software Company Edition result from NetSuite’s own use of the product, as well as feedback from its many software customers. As NetSuite has grown to be one of the fastest growing software companies in the world, it has built features into the NetSuite application that have both fueled that growth and helped the company manage it. The new NetSuite product offering enables a software company of any size to manage its entire business in a single business application suite. NetSuite-Software Company Edition also has many new features specifically designed to manage a Software as a Service (SaaS) business.
Zach Nelson, CEO of NetSuite, said: “Running a software company is complex, especially in the new world of Software as a Service combined with the complexity of financial compliance. After years of using NetSuite to manage every aspect of our business, we are happy to extend our experience to other software companies. There is no question that if a software company is not using NetSuite to run its business, it is at a significant disadvantage to its competitors who are using NetSuite.”
The ultimate business dashboard simplifies management of a software business.
NetSuite has long been the leader in dashboard technology and has now applied those innovations specifically to the needs of software companies. The AJAX-based dashboards deliver a great user experience, but more importantly, they give every user in a software company a custom dashboard that allows them to monitor everything in the business relevant to them – in real-time for the current period and as compared to past periods.
15 pre-configured role-based dashboards address the specific needs and best practices for every major user in a software organization including CEO, CFO, Controller, Sales VP, Sales Manager, Renewals Manager, Support VP, Support Manager, Engineer, etc.