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Contact:

Mei Li
Senior VP
Corporate Communications
NetSuite Inc.
Phone: 650.627.1063
E-mail: meili@netsuite.com

NETSUITE ACCOUNTANT PROGRAM REACHES MORE THAN 1,000 MEMBERS

Free Access to Client Accounts, Faster Close Times Compelling Benefits for Accountants, Customers


SAN MATEO, Calif.—August 28, 2013—NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that the NetSuite Accountant Program, a program designed exclusively for accountants eager to tap the power of cloud computing to provide the best possible service to clients running their financials on NetSuite, has reached more than 1,000 accountant members. The growth of the NetSuite Accountant Program is a further indication of NetSuite's strong momentum, as more and more businesses are turning to NetSuite's cloud business management suite to run their entire business.

Launched in 2010, the NetSuite Accountant Program offers accountants secure, real-time, browser-based access to their clients' NetSuite accounts, at the clients' discretion, and preferred rates on NetSuite training. For more information on the NetSuite Accountant Program, please visit www.netsuite.com/accountantprogram.

"Surpassing 1,000 members in our Accountant Program is a clear indication of the rapid uptake of NetSuite's leading financial management solutions by organisations across the globe as well as our commitment to creating innovative programs to help our customers succeed," said Craig West, NetSuite Vice President of Americas Channel Sales.

The NetSuite Accountant Program highlights the key benefits of cloud-based financial systems. Accountants in the program can access their client's critical business information remotely to collaborate in real-time, providing end-to-end business visibility, and a single version of the truth, helping to accelerate financial close times and improve revenue recognition, all at no charge. Accountants in the program can also earn commission on NetSuite referrals.

"We have found that NetSuite's Accountant Program has assisted us in improving our service offering to all of our clients in Australia," said Matthew Ashley, Director at Duncan Dovico Pty Ltd. Chartered Accountants. "Our clients love the fact that we can log into their accounting system and provide real-time assistance without having to constantly provide on-site support, saving them time and money."

"We have found NetSuite's 'Free Accountant Login' to be very beneficial when working with our clients across North America," said Dirk Shimpach, CPA, Managing Partner at goVirtualOffice, LLC. "It allows us to easily login and work on our clients' general ledger and financials."

NetSuite customers with accountants in the program get fast, convenient access to dependable financial services from a professional familiar with their system of record with complete control over the access and permissions.

"It has been extremely helpful to have our accountant, Barry Boese at Baac Office, be able to access our NetSuite account from his office in the US for free as part of the NetSuite Accountant Program," said John Welensky, Director of Advanced MP3 Players, a UK-based retailer of MP3 players, headsets and accessories. "He has helped to transform our monthly accounting procedures and reconciled the huge volumes of transactions from Amazon, PayPal and other payment providers."

Today, more than 16,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-class cloud financials/ERP suites for divisions of large enterprises and mid-sized organisations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations as demonstrated in a recent Gartner study naming NetSuite as the fastest growing financial management software vendor on a global basis. NetSuite continues its success in delivering the best cloud ERP/financials suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud is accelerating.

 

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For more information about NetSuite, please visit www.netsuite.com.

NOTE: NetSuite and the NetSuite logo are service marks of NetSuite Inc. Third-party trademarks mentioned are the property of their respective owners.