Oracle NetSuite Corporate Communications
Senior Director, Global Communications
Integrated Suite and Cloud Computing Make Real-Time Global Business Management Possible for Multi-National Companies
SAN MATEO, Calif. — September 16, 2008 — NetSuite Inc. (NYSE: N), a leading vendor of on-demand, integrated business management software suites for mid-market enterprises and divisions of large companies, today announced the launch of NetSuite OneWorld for the Australian and New Zealand markets. NetSuite OneWorld makes real-time, global business management feasible by combining a mature, multi-company business application suite — that includes enterprise resource planning (ERP), customer relationship management (CRM) and Ecommerce — with cloud computing delivery. For more information about NetSuite OneWorld, please visit www.netsuite.com.
Built from the ground up as one system that includes ERP, CRM and Ecommerce, NetSuite OneWorld enables mid-market businesses with multiple subsidiaries, business units and legal entities to:
NetSuite's native Software as a Service (SaaS) delivery model enables its ERP, CRM and e-commerce functionality — including NetSuite OneWorld capabilities — to be accessed anywhere simply by opening a browser. It also eliminates the enormous IT issues associated with traditional approaches to global business management software. The combination of the new NetSuite OneWorld capabilities and NetSuite's cloud computing delivery platform helps eliminate the cost and technology barriers facing midsized companies operating globally or across multiple locations.
Prior to NetSuite OneWorld, typically only large companies with the ability and willingness to spend a large sum of money could approach such levels of business integration. Mid-sized companies using traditional applications such as Microsoft Dynamics GP (often referred to as Great Plains) could achieve a low-level of business integration, but often only see limited consolidated financials, which can be of suspect value. Of course, large systems such as SAP or mid-market systems like Microsoft Dynamics GP are not delivered as native web-applications, so any attempt at limited business consolidation typically requires large expenditures in IT costs and systems management.
"With NetSuite OneWorld, we are delivering capabilities to mid-sized companies that even the world's largest companies have often failed to achieve after spending millions of dollars," said Zach Nelson, CEO of NetSuite. "I am confident that the introduction of NetSuite OneWorld into Australia and New Zealand will help local businesses achieve global success. NetSuite OneWorld delivers local control with global visibility, not just across financials but across every aspect of the business — from lead to forecast to order to cash collection. This really makes the fantasy of running your business globally in real-time come true."
Additional benefits of NetSuite OneWorld include the following:
Pricing and Availability
NetSuite OneWorld is available now through the NetSuite Australia office and is offered for $2670 AUD per month.
NetSuite Inc. (NYSE: N) is a leading vendor of on-demand, integrated business management software suites for mid-sized businesses and divisions of large companies. NetSuite enables mid-market companies to manage core business operations in a single system, which includes accounting / enterprise resource planning (ERP), customer relationship management (CRM), and Ecommerce. NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into up-to-date, role-specific business information. For more information about NetSuite please visit www.netsuite.com.
NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite, Inc. Other marks are the property of their respective owners.