SAN MATEO, Calif., March 13, 2012 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, today announced a webinar designed to help software companies explore how cloud-based ERP can help address challenges unique to the software industry and support a rapid growth culture. The webinar, "Why Next-generation Software leaders leverage NetSuite for Cloud ERP," will feature executives of two fast-growing software companies, Datacert and HotSchedules, which both replaced disconnected on-premise applications and point solutions with NetSuite's cloud business management suite. The webinar will be held on Thursday, March 15, at 11:00 a.m. PDT ( 2:00 p.m. EDT). Register for the event at: http://www.netsuite.com/portal/email/webinar-software-success-030512-email_PR.html.
Software companies face unique business challenges, such as complying with complex revenue recognition rules, increasing revenue in recurring subscription and contract models, and achieving the real-time visibility needed to swiftly identify weaknesses and capitalize on opportunities across a global marketplace. For years, the effectiveness of software companies' financial and business operations was constrained by on-premise software and manual processes. On-premise software lacks the scalability needed by fast-growing, international businesses. Many software companies still rely on highly inefficient, spreadsheet-driven manual procedures to manage key business processes such as billing, purchases, expenditure approvals, financial reporting, contract renewal, professional services automation and revenue recognition. It's very costly to install and maintain traditional on-premise software, and the complexities of the systems don't scale with a growing employee base.
NetSuite delivers the right combination of scalability, flexibility and cost-effectiveness. NetSuite's cloud-based ERP suite is the solution of choice for the software industry, running critical business processes for hundreds of the most innovative software companies. The world's first and most powerful cloud ERP solution for complex, multi-national companies, NetSuite OneWorld meets the needs of global software companies with built-in support for real-time multi-subsidiary financial consolidation and reporting, multi-currency, multinational taxation rules and unified real-time views into the business performance of each and every subsidiary. NetSuite is uniquely positioned to serve today's best and brightest firms by providing an integrated, focused set of functionality for software companies. With NetSuite, software companies are able to focus on innovation and growth while enjoying streamlined billing and renewal processes, accurate financial reporting and the ability to meet revenue recognition requirements and comply with the Financial Accounting Standards Board (FASB) rules for multi-element sales, known as EITF 08–01 and EITF 09–03.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV