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Oracle NetSuite Blog

Constellation Research Recognizes NetSuite as a Leader in Enterprise Cloud Finance

By Barney Beal
, Content Director
Tuesday, August 14, 2018

Industry analyst firm Constellation Research this week named Oracle NetSuite to its Q3 2018 Enterprise Cloud Finance Shortlist.

NetSuite was one of seven vendors named to the list, which is compiled through conversations with early adopter clients, independent analysis, and briefings with vendors and partners.

R “Ray” Wang, founder and principal analyst at Constellation and author of the report, writes:

Enterprise cloud finance applications provide the backbone of accounting, finance, and treasury for organizations. These applications automate processes such as financial close cycles, regulatory requirements and cash management. The software supports the financial operations and delivers the core foundation for ERP and back‐office systems. The move to the Cloud enables financial apps to access unlimited compute power, improve integration across multiple data sources, and consume faster cycles of innovation and regulatory updates.

Criteria in the report include: fixed asset accounting; special purpose ledgers; profitability analysis; cost center accounting and more.

NetSuite has been in the cloud computing business for 20 years and is trusted by more than 40,000 organizations and subsidiaries in 199 countries and territories. We provide a full suite of applications for customers that span fast-growing start-ups to global enterprises. The Constellation Research report is further proof of NetSuite’s ability to serve large enterprises with complex financial requirements.

For more on analyst validation of NetSuite’s functionality and vision, learn why IDC named NetSuite a Leader in Point of Sale Software, why Gartner named NetSuite a Leader in Core Financial Management Software for Midsize, Large and Global Enterprises and why Forrester Consulting says NetSuite Can Deliver ROI of 380 percent.

Oracle NetSuite Once Again Named a Leader on Gartner’s Magic Quadrant for Cloud Core Financial Management Systems for Midsize, Large and Global...

For the third year in a row, Gartner Inc. has placed Oracle NetSuite in the Leaders quadrant of its Magic Quadrant for Cloud Core Financial Management...

NetSuite Named a Leader by Gartner in the MQ for Cloud Core FMS for Midsize, Large and Global Enterprises, 2018

Founded in 1998 as a cloud financials solution to solve the problems of fast growing businesses, NetSuite is now used by more than 40,000...

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