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NetSuite Inc.
Type	Public (NYSE: N)
Founded	California (1998)
Headquarters	San Mateo, California, U.S.
Key people	Lawrence (Larry) J. Ellison, Zachary (Zach) Nelson (CEO), Evan M. Goldberg (Chairman/CTO)
Industry	Computer software
Products	NetSuite NetCRM NetCRM+ SuiteFlex NetERP NetSuite Small Business NetCommerce
Revenue	▲ US$67.2 million (2006)[1]
Operating income	▲ (US$34,99) million (2006)[1]
Net income	▲ (US$35,7) million (2006)[1]
Employees	603 (September 30, 2007)[1]

NetSuite Inc. (NYSE: N) is a company that offers Software as a Service (SaaS) for small to medium enterprises. NetSuite was originally named NetLedger by its founders Larry Ellison and his protege Evan Goldberg.^[2] NetSuite logo, claiming fair use This is a copyrighted and/or trademarked logo. ... This article does not cite any references or sources. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... This article is about the U.S. state. ... Year 1998 (MCMXCVIII) was a common year starting on Thursday (link will display full 1998 Gregorian calendar). ... San Mateo is a city in San Mateo County, California, in the San Francisco Bay Area. ... For other uses of terms redirecting here, see US (disambiguation), USA (disambiguation), and United States (disambiguation) Motto In God We Trust(since 1956) (From Many, One; Latin, traditional) Anthem The Star-Spangled Banner Capital Washington, D.C. Largest city New York City National language English (de facto)1 Demonym American... Lawrence Larry Joseph Ellison (born August 17, 1944) is an American entrepreneur and the co-founder and CEO of Oracle Corporation, a major enterprise software company and is the 11th richest person in the world [1] // Ellison was born in New York City to Florence Spellman, a 19-year-old... Software redirects here. ... For the tax agency in Ireland of the same name, see Revenue Commissioners. ... USD redirects here. ... Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ... USD redirects here. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... USD redirects here. ... This article is about work. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Software as a service (SaaS) is a model of software delivery where the software company provides maintenance, daily technical operation, and support for the software provided to their client. ... Small and medium enterprises or SMEs are companies whose headcount or turnover falls below certain limits. ... Lawrence Larry Joseph Ellison (born August 17, 1944) is an American entrepreneur and the co-founder and CEO of Oracle Corporation, a major enterprise software company and is the 11th richest person in the world [1] // Ellison was born in New York City to Florence Spellman, a 19-year-old... Evan Goldberg is a writing and producing partner of Seth Rogen. ...

History

NetSuite’s hosted online business software programs include accounting, customer relationship management (CRM), enterprise resource planning (ERP) software, e-commerce and Web site development. This article does not cite any references or sources. ... Customer relationship management (CRM) is a broad term that covers concepts used by companies to manage their relationships with customers, including the capture, storage and analysis of customer, vendor, partner, and internal process information. ... Enterprise Resource Planning systems (ERPs) integrate (or attempt to integrate) all data and processes of an organization into a unified system. ...

Evan Goldberg, chairman and chief technology officer, founded the company with the financial backing of Lawrence J. Ellison, founder and chief executive officer of Oracle Corp. Other initial investors were StarVest Partners and UBS PaineWebber. Oracle Corporation (NASDAQ: ORCL) is one of the major companies developing database management systems (DBMS), tools for database development, middle-tier software, enterprise resource planning software (ERP), customer relationship management software (CRM) and supply chain management (SCM) software. ...

The initial iteration was marketed as NetLedger then Oracle Small Business Suite.^[2]

NetSuite has grown to about 600 employees and has offices in California as well as in the United Kingdom, Canada, the Philippines, Japan, Singapore, Hong Kong and Australia.

In 2007, NetSuite filed for an IPO on the NYSE.^[3] IPO redirects here. ...

Products

NetSuite has released NetSuite 2007.0 as its base service with NetSuite, NetSuite Small Business, NetSuite CRM, NetSuite CRM+, SuiteFlex, NetERP and NetCommerce as other integratable services. In April 2008 NetSuite introduced OneWorld, the first and only on-demand system to deliver global business management and financial consolidation capabilities to mid-market companies. With NetSuite OneWorld, multi-national organizations can manage companies with multiple subsidiaries, business units and legal entities from a single NetSuite account, seamlessly handling different currencies, taxation rules, and reporting requirements. Individual users at the local level get an application in their language and can transact in the local currency with local taxes and financial compliance fully enforced.

Features

NetSuite is an application covering business functions such as CRM, ERP, ecommerce, customer support, accounting, sales force automation, partner relationship management, inventory management, and marketing automation. Each of these also includes groups calendaring and tasking functions. Customer relationship management (CRM) is a broad term that covers concepts used by companies to manage their relationships with customers, including the capture, storage and analysis of customer, vendor, partner, and internal process information. ... Enterprise Resource Planning systems (ERPs) integrate (or attempt to integrate) all data and processes of an organization into a unified system. ... Electronic commerce or e-commerce consists of the buying, selling, marketing, and servicing of products or services over computer networks. ... Tech Support is the modern term for assistance with electronics or software, usually computer related. ... It has been suggested that Accounting scholarship be merged into this article or section. ... Sales force management systems are information systems used in marketing and management that automate some sales and sales force management functions. ... In business management, inventory consists of a list of goods and materials held available in stock. ...

Supported Countries

Most countries in the world seem supported by NetSuite. 12 languages are available.

Country specific features:

UK: VAT 100 report, UK settlement discount, full support of VAT.

Australia: Business Activity Statement, Australia tax code list, full support of GST.

Canada: GST34 report, full support of GST/PST.

Japan: application in Japanese

See also

• Comparison of accounting software
• Web application

The following comparison of accounting software documents the various features and differences between different accounting software packages. ... In software engineering, a web application is an application delivered to users from a web server over a network such as the World Wide Web or an intranet. ...

References

1. ^ ^{a b c d} NetSuite Inc. (2007-12-19). NetSuite IPO prospectus. Retrieved on 2008-01-11.
2. ^ ^{a b} Turner, Rob (2005-02-01). "Larry's Kids". Inc. Magazine. Retrieved on 2008-01-11. 
3. ^ Kawamoto, Dawn (2007-07-02). NetSuite files for IPO. CNET News.com. Retrieved on 2008-01-07.

Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 353rd day of the year (354th in leap years) in the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... is the 11th day of the year in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... is the 32nd day of the year in the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... is the 11th day of the year in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 183rd day of the year (184th in leap years) in the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance to the Gregorian calendar. ... is the 7th day of the year in the Gregorian calendar. ...

External links

• Company website
• Small Business Computing Magazine Review of NetSuite.
• InfoWorld: Four-way CRM shootout - compares NetSuite, RightNow, SalesNet, EBSuite & Salesforce.com.
• NetLedger