The scalable foundation for modern high-growth technology companies.
In the high tech industry, vision and the ability to scale often separate the alsorans 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.
With growth comes business complexity. You have to manage more complex business processes such as revenue recognition, forecasting, procurement, specialized 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.
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 optimized for the latest mobile devices. And the solution is easy to use so you can increase employee productivity and ramp new employees quickly.
Key benefits of NetSuite for Technology Companies
- Manage Orders - Automate processing for both initial and recurring transactions.
- Streamline Billing - Automate billing across multiple revenue streams—subscription, product, usage and services.
- Recognise Revenue - Solve complex revenue recognition challenges and comply with evolving standards.
- Close The Books - Close with confidence and report financials quickly and accurately.
- Optimise Recurring Revenue - Manage recurring revenue with powerful solutions for both SaaS and perpetual license providers.
- Consolidate Global Financials - Seamlessly manage multiple currencies and reporting as your business expands.
- Automate Professional Services - Maximize resource allocation, elevate on-time delivery and streamline project accounting.
- Customise For Your Business - Leverage SuiteCloud to customize for today and future-proof your investment.
- Salesforce Integration - Integrate with your existing CRM for complete lead-to-cash automation. Learn more about how we haved helped customers just like you