NETSUITE AND CHANNELADVISOR PARTNER TO AUTOMATE OMNICHANNEL COMMERCE
Partnership Opens Up New Online Revenue Channels for NetSuite SuiteCommerce Customers
SAN MATEO, Calif.—October 9, 2013—NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites and ChannelAdvisor (NYSE:ECOM), a leading provider of cloud-based Ecommerce solutions that enable retailers and manufacturers to increase global sales, today announced a partnership to automate omnichannel commerce for businesses spanning a wide range of industries including retail, manufacturing, and wholesale/distribution to expand their sales channels. The NetSuite ChannelAdvisor partnership is expected to provide businesses with opportunities to achieve omnichannel success through the addition of new online sources of demand such as Amazon, Best Buy, eBay, Google Shopping, Facebook, Newegg, Sears and more.
"The Ecommerce environment is changing rapidly, so it's more important than ever that retailers' Ecommerce platforms are tightly integrated to their back-office operations to manage marketing spend and revenue through diversified online channels," said ChannelAdvisor CEO Scot Wingo. "Now, NetSuite customers can leverage ChannelAdvisor's leading Ecommerce solutions to access more sources of revenue across all Ecommerce channels, increasing the power of both companies' platforms to master omnichannel commerce."
ChannelAdvisor offers retailers, manufacturers, wholesalers and distributors leading cloud-based solutions to efficiently manage and automate the online selling process across multiple channels including third-party marketplaces, paid search and comparison shopping engines. ChannelAdvisor's robust software eliminates the tedious day-to-day tasks of optimizing online listings and analyzing performance, allowing sellers to successfully scale their Ecommerce businesses.
"ChannelAdvisor excels at connecting retailers and manufacturers with multiple online channels, making this a valuable alliance for our SuiteCommerce customers and enabling them to extend their online reach, drive more traffic and increase sales using ChannelAdvisor's expert solutions," said NetSuite General Manager of Commerce Products Andy Lloyd.
NetSuite SuiteCommerce enables B2C and B2B merchants, manufacturers and distributors to seamlessly connect every step of a multi-channel, multi-location business—from Ecommerce, point of sale (POS) and order management to merchandising, marketing, inventory, financials and customer support. Featuring an advanced webstore that allows the creation of uniquely branded and personalized shopping experiences optimized for multiple devices, SuiteCommerce empowers businesses to run across multiple touchpoints—web, brick-and-mortar stores, social, mobile—all from a single, unified cloud-based commerce system that provides unprecedented visibility into your business and customers. Please visit www.suitecommerce.com for more information.
Today, more than 16,000 companies and subsidiaries depend on NetSuite to run complex, mission–critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise–class cloud financials/ERP suites for divisions of large enterprises and mid-sized organizations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations as demonstrated in a recent Gartner study naming NetSuite as the fastest growing financial management software vendor on a global basis. NetSuite continues its success in delivering the best cloud ERP/financials suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud is accelerating.
ChannelAdvisor (NYSE: ECOM) is a leading provider of cloud-based Ecommerce solutions that enable retailers and manufacturers to integrate, manage and optimize their merchandise sales across hundreds of online channels including Amazon, Google, eBay, Facebook and more. Through automation, analytics and optimization, ChannelAdvisor customers can leverage a single inventory feed to more efficiently list and advertise products online, and connect with shoppers to increase sales. Billions of dollars in merchandise value are driven through ChannelAdvisor's platform every year, and thousands of customers use ChannelAdvisor's solutions to help grow their businesses. For more information, visit www.channeladvisor.com.
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