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

NETSUITE AND BURR PILGER MAYER PARTNER TO LAUNCH NEW CLOUD COMPUTING PRACTICE

California's Top Public Accounting Firm to Deploy NetSuite's Cloud ERP Suites

AICPA Practitioners Symposium and TECH+ Conference, LAS VEGAS —June 14, 2011—NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, today announced a systems integrator (SI) partnership with Burr Pilger Mayer (BPM), the largest California-based accounting and consulting firm. This partnership gives BPM the foundation to build a cloud integration practice focused  on implementing and supporting NetSuite's cloud computing global business management suites, as well as building vertical SuiteApps for the NetSuite SuiteCloud platform, serving companies in vertical fields spanning manufacturing, technology, retail, professional services and life sciences. For more information about NetSuite partnerships, please visit http://bit.ly/NetSuitePartnerProgram.

Partnering with NetSuite gives BPM an immediate presence in the rapidly expanding cloud computing industry, a world-class development platform as well as a superior line-up of cloud business management solutions, including NetSuite's core integrated suite that combines ERP / financials, customer relationship management (CRM) and Ecommerce software, and NetSuite OneWorld—a cloud computing solution which enables multinational and multi-subsidiary companies to manage their global financial consolidation and business operations in real-time.

The new practice leverages BPM's extensive business process domain knowledge and understanding of clients' critical business processes to deliver best-in-class implementation services and support. NetSuite OneWorld, a solution that enables companies to lower costs, operate more efficiently and compete globally, complements BPM's global international tax and consulting businesses that have a strong focus on California-based businesses and their international operations. In addition, NetSuite's powerful, proven cloud computing platform provides vast possibilities to BPM's IT services group that has built trusted relationships with major clients for more than 20 years. NetSuite's integrated Ecommerce functionality can enable BPM to rapidly expand its Ecommerce offerings to a wide client base in technology, retail, and distribution. The new practice is expected to deliver NetSuite solutions to both public and private companies seeking a modern, comprehensive, cloud-based approach to financials, ERP and CRM. BPM's Cloud Integration Practice also includes a dedicated team to develop in-depth customisations and NetSuite Applications (SuiteApps) to meet clients' unique requirements and creates substantial new ongoing revenue streams for BPM.

BPM recognised the limitations of its existing on-premise ERP technology partners and the significant customer demand for the flexibility and efficiency of modern cloud computing solutions. After thorough research, NetSuite rose to the top as the obvious choice for their cloud computing partnership. NetSuite has long been the solution of choice for companies looking to modernise their business operating platforms, particularly those firms with global aspirations. With extensive multi-currency, multi-language and multi-subsidiary support as well as unparalleled support for complex processes such as revenue recognition management, NetSuite and BPM can offer more powerful solutions to customers, with just a fraction of the implementation cost and IT overhead of conventional on-premise software. NetSuite's unrivalled international inventory management and demand planning should be of keen interest to BPM customers seeking efficiencies in those areas.

Today, more than 10,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes in the cloud globally. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-class cloud ERP solutions for divisions of large enterprises and mid-sized organisations seeking to upgrade their antiquated client/server ERP systems. As demonstrated by the 2011 CODiE Award for Best Financial Management Solution as well as a recent Gartner study naming NetSuite as the fastest growing financial management systems vendor in the world, NetSuite has continued its success in delivering the best cloud businesses solutions to businesses around the world, enabling them to lower IT costs significantly while increasing productivity as the global adoption of the cloud is accelerating.

"The combination of BPM and NetSuite brings together some of the brightest minds in Northern California to solve the problems of today's growing global businesses," said Jim McGeever, NetSuite COO. "The combination of NetSuite's unparalleled cloud computing platform and BPM's trusted accountants and consultants can deliver immediate value to new joint customers in a dosen industries."

Burr Pilger Mayer is one of thelargest accounting firms on the West Coast, the largest in California by number of employees, and is ranked the 44th largest accounting and consulting firm in the country according to the 2010 Accounting Today "Top 100 Firms." With six offices throughout Northern California, an office in Hong Kong and clients on multiple continents, BPM has been delivering internationally recognised accounting and consulting services to clients for 25 years. BPM also has one of the largest international tax practices on the West Coast and currently plans to expand rapidly over the next 18-36 months.

"We knew that our new Cloud Integration Practice needed to be anchored by a partner that would provide stability, scalability, and a wide range of vertical market solutions. Only NetSuite was able to meet our demands and the demands of our customers to run their international business on a single, powerful solution," said Steve Mayer, President and CEO of BPM. "We look forward to delivering more value to our regional and international clientele with the power and flexibility of NetSuite solutions, which perfectly complement our 25 years' experience as trusted advisors to companies around the world."

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

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

 

 


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