Contact:
Mei Li
Senior VP, Corporate Communications
Phone: 650.627.1063
E-mail: meili@netsuite.com
NetSuite, Inc.
ORACLE® SMALL BUSINESS SUITE
AWARDED ANOTHER PERFECT SCORE
Oracle Small Business Suite Outscores Intuit and Peachtree
Awarded Gold Cup from The CPA Software News
AICPA, LAS VEGAS, NV – June 24, 2003 –
NetLedger, Inc. today announced that its Oracle Small
Business Suite (OSBS) received a perfect, 5-star rating
in a recent detailed product review conducted by The
CPA Software News. In addition, Oracle Small Business
Suite outscored all other competitors reviewed in the
publication, including Intuit (Nasdaq: INTU) and Peachtree.
The Oracle Small Business Suite name is used under license
from Oracle Corporation (Nasdaq: ORCL).
The review examined the features and usability of Web-based
applications. Oracle Small Business Suite beat its competitors
in all categories including core accounting modules,
inventory capabilities, and reporting functionality.
The review highlights the importance of integrating
of both back-office and front-office functionality by
saying "OSBS stands out for its sheer depth and
breadth of features and its single-application design."
Additionally, the review gave kudos to Oracle Small
Business Suite user-interface and business performance
management capabilities by saying "OSBS's killer
feature is its Dashboard." The full review appears
in the June/July issue of The CPA Software News.
"Stand alone, non-integrated business software
applications are dead, regardless of whether those applications
are delivered as hosted or traditional software,"
said Zach Nelson, CEO of NetLedger. "The fact that
Oracle Small Business Suite is the only solution that
integrates CRM, ERP and on-line operations in a single
application is the reason we keep winning product shoot-outs
against legacy, 'silo' applications."
For more information about NetSuite please visit our
Web site at www.netsuite.com.
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