Press Releases


Contact:

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

NETSUITE WHOLESALE / DISTRIBUTION EDITION VERSION 2007.0 TARGETS MID-MARKET COMPANIES WITH NEW FEATURES TO ADDRESS DEEP, INDUSTRY-SPECIFIC NEEDS

NetSuite Extends Leadership in On-demand Business Application Suites for Industry Verticals

New Features Bring Power and Ease to Mid-Market Wholesalers and Distributors

SAN MATEO, Calif., September 13, 2007—NetSuite Inc., a vendor of on-demand, integrated business application suites that provide Enterprise Resource Planning, CRM and Ecommerce functionality for small and medium-sized businesses and divisions of large companies, today announced the addition of a host of new features for its Wholesale / Distribution Edition targeting mid-sized wholesalers and distributors. Key features added include Transaction Forms Assistant, Matrix Item Assistant, Vendor Returns, FedEx Shipping to Canada, and a host of enhancements around Inventory Management, Warehouse Operations and Fulfillment. These new features add industry-specific capabilities while bringing more power and ease to wholesale / distribution companies to manage their core business functions — from lead generation to sales orders, and from warehouse and inventory management in multiple locations to shipping — with accounting support throughout. For more information about NetSuite Wholesale / Distribution Edition, please visit www.netsuite.com/wholesaledistribution

Growing and mid-sized wholesale / distribution companies have similar challenges to their large business counterparts when it comes to managing business processes. And these mid-market wholesalers and distributors are continually pressured by the complex requirements forced upon them by larger trading partners, global competition, multiple global locations, small margins, and ever more demanding customers. With the new NetSuite Wholesale / Distribution Edition, these mid-market companies have access to capabilities and integrated functionality previously generally reserved for large wholesalers and distributors with a cost structure that mid-market companies can afford.

Designed for mid-market wholesale / distribution companies, the new features include:

  • Graphical, Transaction Form Assistant
  • Matrix Item Assistant
  • Vendor Return Authorizations
  • FedEx Shipping for Canada and Greater Control on Shipping Processes
  • Order Management Flexibility
  • Multi-Location Inventory — "On Hold" Stock Locations
  • Customizable Inventory & Fulfillment Processes

"For two years our global wholesale and light manufacturing operations have been running successfully on NetSuite," said Susan Casebeer, CFO, Southwest Windpower (www.windenergy.com), based in Flagstaff, Ariz. "Version 2007.0 is providing us even more power than before. The new Vendor Return functionality looks to be especially useful to our incoming material review process, and the new concept of 'available inventory' locations will help our warranty department process customer returns in a more efficient and logical manner."

Pricing and Availability:
Available now, NetSuite Wholesale / Distribution Edition Version 2007.0 is priced at $1499 per month for the base suite and $99 per user per month.

For more information about NetSuite, please visit the NetSuite website.

 

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