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NetSuite Inc. is an American cloud-based enterprise software company that provides products and services tailored for small and medium-sized businesses (SMBs) including accounting and financial management, customer relationship management (CRM), inventory management, human capital management, payroll, procurement, project management and e-commerce software.
Cost of goods purchased for resale includes purchase price as well as all other costs of acquisitions, [7] excluding any discounts. Additional costs may include freight paid to acquire the goods, customs duties, sales or use taxes not recoverable paid on materials used, and fees paid for acquisition.
NetSuite: Cloud/SaaS-based Enterprise resource planning (ERP) software $9,300 [27] May 2, 2016 Opower: Cloud-based customer engagement software for the utility industry $532 [28] April 28, 2016 Textura [29] Construction management and engineering SaaS software $663 [30] April 14, 2016 Crosswise [31] Cross-Device Identification Mapping $50 [32]
On July 28, 2016, Oracle bought NetSuite, the first cloud company, for $9.3 billion. [52] NetSuite provides cloud ERP, CRM, supply chain and e-commerce software to small and medium-sized businesses. It is regarded as the first fully cloud company in the world and is an industry leader in its own right. Platform as a Service (PaaS) [50]
NetSuite: Software as a Service: Yes Yes Yes Mid-market CRM, ERP, E-commerce, Accounting, Financial Management, Supply Chain Management, Inventory Management, Warehouse Management, Human Capital Management, Professional Services Automation, Ecommerce, Reporting, and Analytics Web-based NewViews: Proprietary: Yes No No Low to mid-market
Balance sheet; Trial balance. quotations and order management. time tracking. invoicing capabilities (mailing, printing), with invoices based on: orders (which in turn can be based on quotations) shipments; time cards. inventory tracking, with activity reports. fixed assets. full separation of duties for invoices and GL transactions.
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