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Six Keys To Preparing Systems For Successful Initial Public Offerings

SAN MATEO, Calif., Aug. 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 and other high-technology companies strengthen their ability to manage a successful IPO across key areas such as financial controls, systems, process and reporting. Attendees will hear from three software industry executives who will share their insights, tips and experiences in taking fast-growing Internet and technology firms public. Planning, executing and managing the initial public offering (IPO) is a challenging task for the CEO and CFO. Guest speakers Perry Wallack, CFO of Cornerstone OnDemand ( www.cornerstoneondemand.com) and Jim Kelliher, CFO of LogMeIn ( www.logmein.com) will explain how they helped ensure that the IPO process for their companies were successful. They will be joined by NetSuite COO Jim McGeever, who was NetSuite's CFO during the company's successful auction-based initial public offering.

The webinar, "Six Keys to Preparing for a Successful IPO," will be held on Wednesday, August 22 at 10:00 a.m. PDT ( 1:00 p.m. EDT). Register for the event at www.netsuite.com/sixkeys-ipo.

The speakers will also address the advantages they realized in using NetSuite's single, integrated cloud solution for financial management, reporting and compliance, and how they gained flexibility to drive continued growth as a public company. NetSuite delivers capabilities critical for software and technology companies to function as public entities, including advanced revenue recognition, recurring contract and subscriptions management, and built-in support for regulations such as Sarbanes-Oxley and Financial Accounting Standards Board (FASB) EITF 08-01 and EITF 09-03, governing multi-element sales. The NetSuite OneWorld international edition enables financial consolidation and reporting on a global scale across multiple subsidiaries, with support for 17 languages, more than 190 currencies and local country taxation compliance.

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