In the high tech industry, vision and the ability to scale often separate the also-rans from the winners. NetSuite’s cloud ERP/financial suite is the top choice of technology companies who understand that the key to unlocking and managing growth is a back office system that can address today’s challenges while providing the critical foundation needed for the future.
NetSuite uniquely understands the challenges facing hyper-growth software companies. We’ve grown our business from start-up to software industry leader with annual revenue run rate of over half a billion. And we did it running on NetSuite.
Today we have over 1,000 software companies that trust NetSuite to provide the foundation that runs their mission critical business processes. NetSuite's track record as the business system of record for hyper-growth tech companies is unmatched. Our customers are routinely named to the Deloitte Technology Fast 500, the JMP Securities' Hot 100 and other lists that celebrate tech company success. And NetSuite continues to power the software industry's hottest IPOs. Simply put, tomorrow’s tech leaders run NetSuite today.
But NetSuite isn't just for start-ups. Software companies of all sizes benefit from our solutions. Increase efficiency with a comprehensive, global financial and accounting core, improve visibility as your business grows and evolves, and eliminate costly and ineffective manual processes and disparate systems—these are the keys to scaling your organisation regardless of how big you are today. Startups, midsize and enterprise software providers all benefit from NetSuite's award-winning solutions.
With growth comes business complexity. You have to manage more complex business processes such as revenue recognition, forecasting, procurement, specialised pricing models, recurring/subscription based revenue streams, order management and an embedded professional services team, just to name a few.
The processes and systems that worked well when your business was a start-up, or focused on a single product set, or selling in a single geography, begin to break down. It's tempting to augment with spreadsheets and standalone applications to meet incremental needs as they arise. But as growth continues, these un-integrated processes and ad-hoc applications begin to hinder productivity.
It doesn't have to be this way.
NetSuite's cloud business management solutions provide the foundation software companies need to streamline critical business process. By automating quote-to-contract, provision-to-bill, invoice-to revenue recognition, project proposal-to-profit and plan-to-report processes, NetSuite helps software companies:
The results speak for themselves. Our software customers report 25 percent to 80 percent improvements across multiple areas of the business, including: financial management, IT management, professional services and business visibility.
Fragmented business systems, siloed data and manual processes stifle growth. Modern technology companies require a foundation that enables flexibility, agility and visibility. Cloud computing is the accepted business architecture of today and tomorrow. You are free to focus on innovation rather than the burden of maintaining hardware and software.
With NetSuite you have access to important business metrics anytime, anywhere. Our solutions are optimised for the latest mobile devices. And the solution is easy to use so you can increase employee productivity and ramp new employees quickly.
Equally important is the need for a solution that is dynamic and forward-looking. NetSuite provides real-time data insights that allow you make important course corrections and project changes out into the future.
Each software company is unique and requires the flexibility to adapt to today’s ever changing business environment. The SuiteCloud platform is built in to NetSuite and offers multiple tools that empower you to both configure and customise NetSuite to meet your specific business needs.