SVP, Corporate Communications
SAN MATEO, Calif.—June 5, 2008—NetSuite Inc. (NYSE: N), a leading vendor of on-demand, integrated business management software suites for small and mid-sized businesses and divisions of large companies, today announced that its on-demand ERP/Accounting, CRM and Ecommerce software solution received a perfect 5-star rating in a detailed review of the industry's top financial management and accounting products recently conducted by The CPA Technology Advisor magazine. Among the ten companies reviewed, NetSuite was recognised as the only company that delivers integrated ERP / Accounting, CRM and Ecommerce Software-as-a-Service (SaaS) while other companies provide on-premise products that require integration with multiple systems to achieve a complete business solution. This marks the fourth straight year that NetSuite has received a perfect 5 of 5 stars from The CPA Technology Advisor and reinforces NetSuite's leadership position in the SaaS ERP market.
In its June / July issue, The CPA Technology Advisor evaluated 10 accounting software packages based on the following areas: ease-of-use / basic functionality; core accounting / security features; reporting & management functions; import / export / integration; help & support options; and relative value. NetSuite scored high points for features which relate to the art of managing human interaction through its seamless integration to CRM components, in addition to tackling core ERP and accounting needs that involve logical mathematical manipulation.
The review, which can be found at http://www.cpatechnologyadvisor.com/article/article.jsp?id=1998&pageNum=1, scored NetSuite with an overall rating of five stars — the maximum. The review summarises NetSuite by stating: "geared to ... entities with strong customer relationship requirements, particularly sales-centric concerns, e-commerce businesses and those with multi-national / multi-lingual requirements. The web-based system offers outstanding flexibility and customisation options along with the convenience of anytime, anywhere access."
For more information about The CPA Technology Advisor review, please visit www.netsuite.com/cpatechaward.
For more information about NetSuite Inc., please visit www.netsuite.com.
NOTE: NetSuite and the NetSuite logo are registered service-marks of NetSuite Inc.