Revenue recognition. NetSuite simplifies complex revenue recognition with full support for key standards, including SOP 81-1, SOP 97-2 & 98-9, SAB 101, and EITF 00-21, and the latest EITF 08-01 and EITF 09-03 rules.Unified billing. NetSuite delivers a single unified solution to manage subscription, ad hoc and usage-based billing across multiple revenue sources. Renewals management. NetSuite supplies automation and visibility to optimize contract renewals, dramatically minimizing revenue leakage and customer churn with a single repository accessible to sales, service and finance. Global business management. Software companies are growing internationally with NetSuite OneWorld for global financial consolidation, multi-subsidiary management, transactions in up to 190+ currencies and automated tax compliance in nearly 50 countries. Professional services automation. NetSuite OpenAir services resource planning (SRP) and PSA give services teams capabilities for project management, resource optimization, time and expense reporting and automated invoicing, fully integrated with financials. Real-time business visibility. NetSuite supplies real-time visibility into business performance across finance, sales and service through role-based dashboards and metrics specifically designed for the needs of software companies. Today, more than 16,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-class cloud financials/ERP suites for divisions of large enterprises and mid-sized organizations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations as demonstrated in a recent Gartner study naming NetSuite as the fastest growing financial management software vendor on a global basis. NetSuite continues its success in delivering the best cloud ERP/financials suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud is accelerating. Follow NetSuite's Cloud blog, NetSuite's Facebook page and @NetSuite Twitter handle for real-time updates. For more information about NetSuite, please visit www.netsuite.com. NOTE: NetSuite and the NetSuite logo are service marks of NetSuite Inc.