Contact:
Mei Li
Senior VP, Corporate Communications
Phone: 650.627.1063
E-mail: meili@netsuite.com
NetSuite, Inc.
Responding to Customer Suggestions
and Requests, Oracle® Small Business Suite Introduces
New Features and Enhancements
Oracle Small Business Suite Continues to Make Improvements
at an Unprecedented Speed
Redwood Shores, CA - December 27, 2001 -
Oracle Corp., the largest provider of software for
e-business, today announced the launch of Oracle Small
Business Suite 7.5, powered by NetLedger, just six weeks
after the major 7.0 release. The new features and enhancements
being introduced are suggestions from customers.
New features and enhancements have been made in all
components of Oracle Small Business Suite, including
Sales Force Automation, Customer Support Management,
Web Store and Order Management, and Accounting. These
new features and enhancements focus on usability and
customization tools, allowing small businesses to tailor
Oracle Small Business Suite to meet their individual
needs and help them simplify business processes with
unprecedented ease of use.
In the Sales Force Automation and Customer Support
Management components, many new reports have been added
to give sales and support users more powerful reporting
and analysis capabilities. Another new feature is File
Cabinet, a document storage and attachment feature where
documents can be uploaded and placed in folders. The
folders can be assigned rules to limit viewing to only
those with access privilege. This feature allows users
to attach customer-specific records to their customer
files, making customer interaction and customer service
much easier. In addition to managing customers and vendor
relationships, Oracle Small Business Suite now allows
businesses to manage relationships with their partners
from the new Partner list feature.
Custom Tabs have been added to the Web store component
of the Suite, giving small businesses even more flexibility
to create and design advanced Web stores and Web sites,
which work seamlessly together with other components
of the Suite.
In addition, many enhancements have been made to the
Accounting functions within the Suite. Enhanced pricing
with bulk updates allows users to change the price of
all items being sold by a similar amount or percentage
with one click, making company-wide price changes easier
to implement. Also new is the ability to bill jobs through
customers, which simplifies the bill presentment task
for companies that have multiple jobs with one customer.
Additionally, more powerful searching capabilities are
available to users. These searching capabilities allow
users to save the results to utilize in analysis and
reporting as needed.
This release also contains updated Payroll Tax Tables
and W-2 forms for 2002, free of charge within the Oracle
Small Business Suite service. A new Payroll Manager
role has been added, and all standard roles now have
default shortcut selections to help users quickly and
easily get started and become familiar with the application.
"Today's announcement underscores our commitment to
give our customers what they need to succeed. These
new customization and reporting features have been added
based on our customers' feedback," said Evan Goldberg,
president and CEO of NetLedger. "It's also a testament
to the power of our hosted approach that we can bring
this added level of benefits to our customers automatically,
with no upgrade costs whatsoever to our users, less
than six weeks after our previous major release."
The Oracle Small Business Suite is one completely integrated
application to help small businesses manage their entire
company more efficiently, including accounting and finance,
sales and service, Web presence, and employee management.
Companies can save time and money by utilizing one centralized
and up-to-date database, ending the headache of using
multiple incompatible applications. With anytime, anywhere
Web access, the award-winning solution is the first
and only multi-user, multi-location complete small business
management solution.
For more information about NetSuite please visit our
Web site at www.netsuite.com.
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