NetSuite for Software, Cloud and Internet Companies

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NetSuite for Software, Cloud and Internet Companies
NetSuite for Software, Cloud and Internet Companies
NetSuite is the only cloud ERP/financials solution purpose-built for software companies. The scalable
foundation for modern high-growth technology companies, NetSuite increases efficiencies so you can
accelerate productivity and revenue growth.
NetSuite for Software, Cloud and Internet Companies
OVERVIEW
                                                         OVERVIEW         Benefits        Features          Customer Success          Resources/Contact

                                                       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       disparate systems – these are the keys to
                                                       top choice of technology companies who            scaling your organization regardless of how
                                                       understand that the key to unlocking and          big you are today. Startups, midsize and
Zach Nelson explains why cloud computing is the last
great technology architecture and NetSuite’s role as   managing growth is a back office system           enterprise software providers all benefit from
a cloud computing pioneer.                             that can address today’s challenges while         NetSuite’s award-winning solutions.
                                                       providing the critical foundation needed for
                                                       the future.                                       Leapfrog your competition with technology
                                                                                                         built for the 21st century business while at the
More than 1,200 software                               Over 1,200 software companies trust NetSuite      same time future-proofing your infrastructure
                                                       to provide the foundation that runs their         investment. NetSuite’s cloud subscription
companies run their                                    mission critical business processes. NetSuite’s   model dramatically lowers costs and the
                                                       track record as the business system of            burden on internal IT organizations. The
business on NetSuite—                                  record for hyper-growth tech companies            latest software enhancements are applied
                                                       is unmatched. Our customers are routinely         automatically, and customizations carry over
and we do too.                                         named to the Deloitte Technology Fast 500,        with each upgrade. Anytime, anywhere access
                                                       the JMP Securities’ Hot 100 and other lists       boots productivity and scales with your
                                                       that celebrate tech company success. And          business.
                                                       NetSuite continues to power the software
                                                       industry’s hottest IPOs.

                                                       But NetSuite isn’t just for start-ups.            “We needed more than just a good
                                                       Software companies of all sizes benefit           accounting solution. We had to responsibly
  LEARN MORE                                           from our solutions. Increase efficiency           manage growth, and NetSuite provided the
  RESEARCH STUDY                                       with a comprehensive, global financial and        business application to do exactly that.”
  Cloud-Based Solutions Deliver Key                    accounting core, improve visibility as your
  Performance Improvements to Software                 business grows and evolves, and eliminate         —SolarWinds
  Companies                                            costly and ineffective manual processes and

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NetSuite for Software, Cloud and Internet Companies
BENEFITS
                                                        Overview         BENEFITS           Features      Customer Success          Resources/Contact

                                                       NetSuite focuses in on pain points and provides a solid
                                                       foundation for rapid growth.
                                                       FOR START-UPS AND MID-MARKET                    SIMPLIFY REVENUE RECOGNITION
                                                       COMPANIES                                       Solve complex revenue recognition
                                                       With growth comes complexity. You have          challenges with flexible revenue recognition
Box leverages NetSuite Cloud ERP as part of best-of-   to manage complex business processes            scheduling that supports all current standards,
breed approach to business technology.
                                                       such as revenue recognition, forecasting,       and be prepared to comply with the evolving
                                                       procurement, specialized pricing models, and    guidelines coming with ASU 2014-09.
                                                       recurring revenue streams. The systems that
“NetSuite’s financial reporting, compliance            worked well when you were a start-up begin      ACCELERATE FINANCIAL CLOSE
workflows, and other functions helped us               to break down. It’s tempting to augment with    Close with confidence and report financials
                                                       spreadsheets and standalone applications, but   quickly and accurately. NetSuite combines
save months of staff time during our IPO
                                                       as growth continues these manual efforts and    rich accounting functionality with strong
process, and they continue to help us
                                                       ad-hoc applications hinder productivity.        compliance management that eliminates
save time and money in our day-to-day
                                                                                                       the need for spreadsheets and manual
financial compliance reporting.”                       NetSuite helps hyper-growth companies:          reconciliations, even as your business
—Cornerstone OnDemand                                                                                  expands internationally.
                                                       SCALE FOR RAPID GROWTH
                                                       The most consistent benefit reported by         LEVERAGE YOUR EXISTING CRM
                                                       software companies using NetSuite is the        INVESTMENT
                                                       ability to rapidly scale the business and       Our real-time connector for Salesforce
                                                       provide the back-office systems foundation      integrates NetSuite’s powerful order
                                                       that stands up to the rigors of transitioning   management and finance capabilities with
                                                       from a small privately held company to a        your existing CRM for complete lead-to cash
LEARN MORE                                             publicly held global organization.              automation.
EXECUTIVE BRIEF
Why Private Software Companies Grow
Better in the Cloud

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NetSuite for Software, Cloud and Internet Companies
BENEFITS
                                                 Overview        BENEFITS           Features          Customer Success            Resources/Contact

                                               NetSuite is the choice for modern, forward-looking tech companies.
                                               For Mature and Public Companies                     multinational organizations to seamlessly
                                               Modern technology companies require a               manage multiple currencies, tax rules, and
                                               foundation that enables flexibility, agility and    reporting requirements. Gain unprecedented
Jive Software orchestrates global growth and   visibility. Cloud computing is the accepted         visibility of your business in real time, ensuring
agility with NetSuite OneWorld.                business architecture of today and tomorrow,        consistent, compliant management across the
                                               freeing you to focus on innovation rather than      organization, locally and globally.
                                               maintaining hardware and software. Equally
                                               important is the need for a solution that is        SUPERCHARGE PROFESSIONAL SERVICES
“With NetSuite, we’ve eliminated a lot of      dynamic and forward-looking. Real-time data         PROFITABILITY
complexity with a unified platform that        insights that allow you make important course       Embedded Professional Services teams
integrates with other cloud applications.      corrections, and the powerful SuiteCloud            benefit from NetSuite PSA solutions designed
NetSuite gives us transparency and a           platform empowers you to configure and              to maximize resource utilization, elevate on-
single view of everything without jumping      customize NetSuite to meet specific needs.          time delivery, automate billing and revenue
through hoops.”                                                                                    recognition, and gain visibility into project
                                               NetSuite helps mature companies:                    profitability.
—CommVault Systems
                                               INCREASE VISIBILITY FOR                             IMPROVE AGILITY AND FUTURE-PROOF
                                               DECISION MAKING                                     THE BUSINESS
                                               With NetSuite you have access to important          NetSuite provides a cost-effective solution that
                                               business metrics anytime, anywhere. Business        boosts productivity, integrates with other best
                                               users get real-time dashboards, analytics, and      of breed cloud applications and reduces the
                                               alerts through solutions optimized for the latest   burden on IT. Built-in is the SuiteCloud platform
LEARN MORE                                     mobile devices.                                     that provides a range of customization tools for
WHITE PAPER                                                                                        extending NetSuite to fit your unique business
The 8 Ways Outdated ERP Damages                STREAMLINE GLOBAL                                   needs — now and as your business challenges
Your Business                                  BUSINESS OPERATIONS                                 evolve.
                                               NetSuite OneWorld allows multisubsidiary,

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NetSuite for Software, Cloud and Internet Companies
FEATURES
                                                  Overview          Benefits        FEATURES         Customer Success          Resources/Contact

                                                 Powerful cloud-based business management solutions that enable
                                                 software companies to eliminate complexity and unlock growth.
                                                 COMPREHENSIVE FINANCIAL                          REGULATORY COMPLIANCE
                                                 MANAGEMENT AND REVENUE                           NetSuite simplifies compliance with GAAP,
                                                 RECOGNITION CAPABILITIES                         FASB, SEC, and AICPA regulations and
Adaptive Insights shares the keys to scaling a
                                                 NetSuite gives software companies all the        standards. It also facilitates SOX Section 404
hyper-growth cloud company.
                                                 tools needed to manage revenue recognition       compliance by supporting internal controls
                                                 and billing schedules while ensuring             and enabling individual accountability through
                                                 compliance. You eliminate double entries and     a complete audit trail of all processes and
“It was very important to have a solution        manual reconciliations with a single financial   transactions.
that could scale and grow with us. NetSuite      system that manages accounting, complex
                                                 billing, and revenue recognition.                PROFESSIONAL SERVICES AUTOMATION
OneWorld is reliable, it’s organized, it can
                                                                                                  Take advantage of all the tools needed to
be counted on and it’s made a lot of things
                                                 RECURRING REVENUE AND SUBSCRIPTION               leverage resources, manage projects, and
so much easier. It’s an amazingly efficient      MANAGEMENT TOOLS                                 deliver profitable quality services to your
way to manage our global finances and            Manage recurring revenue streams with            clients. And because NetSuite solutions are
operations.”                                     powerful solutions for both SaaS and             run in the cloud, your consultants can take
—Tableau Software                                perpetual license providers. Automate contract   advantage of online and mobile access to
                                                 renewals, streamline management of term          work where and when they want.
                                                 and evergreen subscriptions, facilitate change
                                                 orders/co-termination, and gain support for      INDUSTRY-LEADING CUSTOMIZATION
                                                 upsell and cross-sell activities.                NetSuite believes that customers should be
                                                                                                  able to configure their systems with minimal IT
                                                 GLOBAL BUSINESS MANAGEMENT                       and developer efforts. Our SuiteCloud platform
LEARN MORE                                       AND CONSOLIDATION                                provides powerful tools to tailor and integrate
WHITE PAPER                                      Seamlessly manage multiple currencies            NetSuite for your unique business needs and
Revenue Recognition Changes are                  and reporting as your business expands           ensures that your customizations migrate
Coming Soon: Five Key Consideration              globally. NetSuite One World provides global     when upgrading to a new release.
for Adopting ASU 2014-09                         accounting and consolidation, award-winning
                                                 multicurrency management, a configurable tax
                                                 engine, and comprehensive language support.
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NetSuite for Software, Cloud and Internet Companies
CUSTOMER SUCCESS
                                                        Overview   Benefits   Features   CUSTOMER SUCCESS   Resources/Contact

                                                       Click below to find out why more than 1,200 software companies have
                                                       chosen NetSuite, making it the #1 cloud business management
                                                       suite powering the high tech industry.

See how ESET grew its revenue by 10X after switching
to NetSuite.

“NetSuite has allowed us to build a
stable and reliable financial platform
to support the company through its
dramatic growth.”
—Atlassian

LEARN MORE
CUSTOMERS LIKE YOU
NetSuite Software Industry Customer
Success Stories

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NetSuite for Software, Cloud and Internet Companies
RESOURCES
                                                                                    Overview                     Benefits              Features                     Customer Success                     RESOURCES/CONTACT

WATCH VIDEOS

Box leverages NetSuite Cloud ERP as part of best-of-breed   See how ESET grew its revenue by 10X after switching to     Adaptive Insights shares the keys to scaling a hyper-growth   Jive Software orchestrates global growth and agility with
approach to business technology.                            NetSuite.                                                   cloud company.                                                NetSuite OneWorld

Contact us or explore these resources to find out more about NetSuite for the software industry.
NETSUITE DATA SHEETS                                        NETSUITE CFO                                                    THE NETSUITE ECOSYSTEM
NetSuite                                                    EXECUTIVE BRIEF                                                 NetSuite is supported by a
NetSuite Revenue Recognition                                Why Private Software Companies                                  thriving ecosystem of partners
NetSuite OneWorld                                           Grow Better in the Cloud                                        who provide innovative third-party
NetSuite Financial Planning                                                                                                 solutions tested and developed
                                                            IDC TECHNOLOGY
                                                            SPOTLIGHT                                                       specifically to work with and
                                                            Strategies for Optimizing                                       extend your NetSuite investment.
SL ASSOCIATES
RESEARCH PAPER                                              Recurring Revenue Models in                                     LEARN MORE
Cloud-Based Business Solutions                              the Software Industry
Deliver Key Performance
                                                            NETSUITE WHITE PAPER
Improvements to Software
Companies                                                   Recognition Changes are Coming
                                                                                                                                                                                      NEXT STEPS
                                                            Soon: Five Key Consideration for                                                                                          Contact Us: 1877NETSUITE
                                                            Adopting ASU 2014-09                                                                                                      info@netsuite.com
                                                                                                                                                                                      Take a Free Product Tour

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NetSuite for Software, Cloud and Internet Companies
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