Oracle NetSuite Corporate Communications
Report Finds SuiteCommerce Solution is Best Fit for Midmarket B2B Organizations Looking for an Easily-configured, Value-priced Multi-tenant SaaS Commerce Suite
SAN MATEO, Calif.—September 5, 2017—Oracle NetSuite, one of the world’s leading providers of cloud-based financials / ERP, HR, Professional Services Automation (PSA) and omnichannel commerce software suites, today announced that NetSuite was recognized as a leader in The Forrester Wave™: B2B Commerce Suites for Midsize Organizations, Q3 2017.
In a summary of its profile, the report states, “Oracle’s NetSuite SuiteCommerce Advanced solution is a best-fit for midmarket B2B customers looking for an easily-configured, value-priced multi-tenant SaaS commerce suite that works seamlessly with NetSuite’s widely-deployed ERP solution.”
“Being named a leader in this Wave evaluation validates that a cloud-based, unified platform is the right approach for midsize companies looking to enhance their ecommerce experience while lowering costs. This approach eliminates the time, money and IT resources needed to manage software and hardware without compromising on functionality or performance,” said Andy Lloyd, Vice President of Commerce Products, Oracle NetSuite. “Instead, companies can shift their focus and resources on what’s truly important—growing the business and providing superior customer service. Additionally, as companies explore new business models including B2C, SuiteCommerce is a solution that will continue to support their needs.”
To be competitive in today’s digital landscape, companies need to create sites that engage business customers, maximize their buying efforts and save them time. SuiteCommerce Advanced easily adapts and scales to the unique B2B selling and buying scenarios the industry requires. SuiteCommerce Advanced not only provides an online web store but also delivers password-protected, self-service capabilities to manage all aspects of the business relationship, including:
One Platform for B2B and B2C. Rapidly deploy and manage multiple B2B and B2C sites on the same platform by using the same content and infrastructure to create custom sites and catalogs. Manufacturers and distributors can offer direct-to-consumer online sales and support the traditional B2B channel.
Pricing, Terms and Credit Limits. Offer the same tailored pricing, terms and credit limits to your buyers online that they receive offline. You can also set different pricing levels for the same item for different customers and offer channel or volume discounts.
Quoting. Streamline the quoting process. Allow buyers to submit a Request for Quote on your website. A company representative can revise/approve the quote, the buyer can then convert the quote to an online order.
Billing. Automate and expedite your billing process by giving your customers the ability to review and manage payments online.
Global Support. Expand your business around the world from a single platform that supports 20 languages, automated tax calculation in more than 100 countries and 190 currencies. All the while, you can easily consolidate multi-subsidiary reporting.
Single Source of Data. With a single, unified platform, fragmented sources of data are consolidated into a single repository to create a single source of customer, inventory and order data that allows merchants to provide a more consistent and relevant customer experience while streamlining operations, better managing suppliers and stock, speeding fulfillment and improving customer service.
About Oracle NetSuite
Oracle NetSuite pioneered the Cloud Computing revolution in 1998, establishing the world’s first company dedicated to delivering business applications over the internet. Today, it provides a suite of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries. For more information, please visit http://www.netsuite.com.
The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.
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