Oracle NetSuite Corporate Communications
New Point of Sale Solution Unifies In-Store and Online Brand Experiences, Enabling Omnichannel Commerce from a Single Cloud Commerce Platform
SUITEWORLD 2015, SAN JOSE, Calif.—May 5, 2015—NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced SuiteCommerce InStore, the first system that integrates comprehensive omnichannel capabilities into an enterprise-class, mobile-first, point-of-sale (POS) solution and seamlessly unifies the online and in-store customer journey. SuiteCommerce InStore is designed to empower the sales associate and elevate the shopper's brand experience. For the first time, retailers will be able to equip sales associates with complete inventory and customer information to engage shoppers more effectively, drive more sales and provide a satisfying shopping experience.
NetSuite's SuiteCommerce InStore brings the full omnichannel commerce experience into the retail storefront to provide consumers with the highest level of customer service, product knowledge and personalization today's shoppers expect from retailers. Store associates are better able to free themselves from the cash-wrap and engage shoppers from anywhere in the store. Built on NetSuite's powerful order and inventory management system, SuiteCommerce InStore provides visibility into inventory anywhere in the business, including the ability to combine different fulfillment models such as cash-and-carry and ship-to-home in a single transaction. And with full POS capabilities for conducting complex transactions such as discounting, multi-tender, override, gift receipts, suspend/resume transactions and more, SuiteCommerce InStore handles them all with ease.
Further, SuiteCommerce InStore helps to unify the online and in-store experiences. Customers are able to access products they have added to their ecommerce shopping carts or wish lists at the point-of-sale and add them to an in-store transaction with a few clicks. Products that shoppers would like to save for later can be added back to their ecommerce wish lists. And the full capabilities of NetSuite's omnichannel CRM provide a retail associate access to a comprehensive 360-degree customer history from the store floor. A visual timeline shows all purchases, returns, exchanges, store visits and service requests regardless of channel, with the ability to drill into any transaction.
Early Customers Ring Up Early Benefits from SuiteCommerce InStore
Early customers that have deployed SuiteCommerce InStore to support their existing NetSuite environment and rapid growth have already achieved early successes.
Wrigleyville Sports (www.wrigleyvillesports.com), a leading retailer of Chicago Cubs and other Chicago sports merchandise and collectibles, runs its core business operations on NetSuite's single, unified platform to run its customer relationship management (CRM), inventory management, order processing and ecommerce, allowing the company to offer its sports fans a seamless and personalised omnichannel shopping experience from any touchpoint. With SuiteCommerce InStore, Wrigleyville Sports is gaining a unified POS system that has in-depth functionality and a user-friendly experience. The quick processing of transactions has been especially important given this season's spike in excitement among its local Cubs fans.
The Noerr Programs (www.NoerrPrograms.com) is a leading digital event imaging provider choreographing the Santa and Bunny Experience, as well as destination events at nearly 300 shopping centers, resorts and retail locations annually. Noerr captures memories, preserving millions of unforgettable moments through sales of high resolution photos, videos, frames and accessories using NetSuite. The addition of SuiteCommerce InStore gives Noerr new deployment options, allowing economical and mobile solutions, including the ability to add stores and checkout lanes without any delay or additional expense in provisioning. In addition, NetSuite's unified platform provides Noerr with real-time reporting and on-the-fly flexibility to adapt to changing business conditions.
Lovesac (www.lovesac.com), a leading omnichannel furniture retailer with 59 stores in the US, runs NetSuite across Financials / ERP, Inventory and Order Management, Customer Relationship Management (CRM) and POS. Lovesac is using SuiteCommerce InStore to enhance the experience for its sales associates and customers alike. Key features such as real-time access to customer data and orders across channels, omnichannel order management, inventory visibility and an innovative mobile app experience have already added value to Lovesac's customer-driven sales experience.
"We immediately saw how SuiteCommerce InStore could serve as the foundation for the next-generation in-store experience we are building," said Ryan Johnson, Chief Operating Officer at Lovesac. "It was obvious to us that the product was designed with the omnichannel shopper in mind, but also with an eye toward helping our sales associates serve our customers better. And, because it is built on SuiteCommerce, we were able to deploy all of its omnichannel capabilities in a fraction of the time it would have taken to deploy virtually any other point of sale solution."
The addition of SuiteCommerce InStore to the NetSuite SuiteCommerce platform provides retailers with:
"SuiteCommerce InStore is the strongest proof point yet that NetSuite's vision of a single platform serving every customer touch point, built on top of a company's core operational system will allow retailers to better serve their customers, and innovate faster than their competitors," said Andy Lloyd, General Manager of Commerce Products at NetSuite. "It is very difficult for a retailer to deploy a unified omnichannel commerce system that delivers customer-centric ecommerce and in-store experiences on the timeline and at the price point that they can with SuiteCommerce."
Pricing and Availability
NetSuite SuiteCommerce InStore is available immediately to NetSuite customers in the US, with international releases planned for early 2016. The solution is priced at $39 per month, per store associate.
About NetSuite SuiteCommerce
NetSuite's SuiteCommerce is the leading cloud-based omnichannel B2B and B2C commerce platform, with more than 3,000 brands leveraging SuiteCommerce to drive their commerce strategies across point-of-sale, ecommerce and call center. In addition, SuiteCommerce is the only unified cloud omnichannel commerce platform that brings together all the operational capabilities required to deliver a complete omnichannel commerce solution from ecommerce and point of sale to order and inventory management. www.suitecommerce.com
Today, approximately 24,000 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 and omnichannel commerce software suites for divisions of large enterprises and mid-sized organisations seeking to upgrade their antiquated client/server systems. NetSuite continues its success in delivering the best cloud solutions to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud accelerates.
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