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NetBooks(R) Introduces First-Ever Web-Based Business Management System for the True Small Business.


Founder/CEO Ridgely Evers, 'Visionary behind QuickBooks,' Goes beyond Bookkeeping bookkeeping, maintenance of systematic and convenient records of money transactions in order to show the condition of a business enterprise. The essential purpose of bookkeeping is to reveal the amounts and sources of the losses and profits for any given period.  to Help Owners Manage the Entire Business

ROHNERT PARK Rohn·ert Park  

A city of west-central California, a residential suburb of Santa Rosa. Population: 42,300.
, Calif. -- NetBooks[R] (www.netbooks.com) premieres its powerful, easy-to-use system for running an entire small business. The product comes to market after more than four years in development, and gives True Small Businesses (TSBs) a suite of capabilities previously available only to the enterprise, including sales management Sales Management Role and Goal
Importance of sales management is critical for any commercial organization. Expanding business in not possible without increasing sales volumes, and effective sales management goal is to organize sales team work in such a manner that ensures a
, customer relationship management, vendor relationship management, inventory and production management, shipping, bookkeeping, reporting, and more.

Delivered on-demand, the software leverages the near ubiquity Ubiquity
See also Omnipresence.



Burma-Shave

their signs seen as “verses of the wayside throughout America.” [Am. Commerce and Folklore: Misc.
 of broadband to allow small business owners to manage the entire business without heavy investment in IT equipment and staff. In addition, NetBooks provides its customers with an unheard-of level of support for the TSB TSB TPS (Thermal Protection System) Sample Box
TSB Technical Service Bulletin
TSB Transportation Safety Board of Canada
TSB Telecommunication Standardization Bureau
TSB Trustee Savings Bank
TSB Telecommunications Systems Bulletin
 market.

"Small business is a vastly underserved market, because the software industry splits the world into two segments - enterprise and consumer," said Ridgely Evers, NetBooks CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and Founder, and himself a small business owner for more than 30 years. "But simply stripping features out of enterprise software and dropping the price doesn't meet the needs of a small business. They need a solution that is tailored to their unique requirements: similar breadth of functionality, but affordably priced and optimized for ease of use. This is why we created NetBooks."

The True Small Business Market

NetBooks addresses the specific needs of the TSB: the 5.1 million owner-operated, self-funded companies that employ half of US workers and account for the majority of new job formation. Today they must try to manage their businesses with a disjointed combination of bookkeeping software, spreadsheets, legal pads legal pad
n.
A pad of ruled, usually yellow writing paper that measures 8 1/2 by 14 inches.
, sticky notes and paper files. This leads to costly errors, delays in responding to customers, and difficulty making good business decisions. With NetBooks, all of the key business information is stored and shared in one system, dramatically improving productivity, responsiveness and owner control.

"A single system for managing my whole business is something I hoped for," said Paul Rosen Paul Rosen (born on April 26, 1960) is a Canadian sledge hockey goalie and motivational speaker. Rosen suffered a leg injury during a hockey game as a youth, and the resulting damage, infections and pain to his leg plagued him for years until his lower leg was amputated at age 39. , owner of Paromi Tea, www.paromi.com. "NetBooks assists in the many aspects of my business--from online orders to shipping to managing my manufacturing--so I can keep tabs on everything from wherever I am."

Software as a Service

NetBooks uses an on-demand, or Software as a Service, delivery model. This means customers experience continuous, incremental Additional or increased growth, bulk, quantity, number, or value; enlarged.

Incremental cost is additional or increased cost of an item or service apart from its actual cost.
 software improvements that require no installation, and they never have to undergo painful upgrade cycles.

In addition, supporting one delivery platform (the web browser--Mac and Windows) and one version of the product (the latest release) means development effort is almost entirely focused on adding value to the product.

Finally, this model means that all customer data is protected in a highly secure hosting facility that features bank-grade security, redundant infrastructure and continuous data backup: a much safer environment for business-critical data than on a local hard drive.

"SaaS now allows millions of small businesses, without full-time IT departments or significant capital budgets, to utilize powerful software that was only available to large enterprises in the past," according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Jeffrey M. Kaplan, Managing Director of THINKstrategies and Founder of the SaaS Showplace. "Today's on-demand applications, such as NetBooks, are also packaged and priced to be easier to use and more economical to meet the specific needs of small business owners."

Powerful Product, Partnerships

NetBooks is a completely integrated system for operating a business, including:

* Sales management

* Customer relationship management

* Vendor relationship management

* Production and inventory management

* Fulfillment and shipping

* Bookkeeping and reporting

NetBooks will also partner with best-of-breed providers to deliver added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:

Added Value = Sales - Purchases - Labour Costs - Capital Costs
 to customers. At launch, the product will be fully integrated with PayCycle[R] for payroll, UPS[TM] for shipping and VerticalResponse[R] for email marketing. NetBooks' commitment to deliver "software that runs your whole business" means that the product roadmap is full of additional functionality and opportunity for partnerships.

Software and Service

NetBooks is not only bringing complete business management software to the TSB market, but also backing it with an unprecedented level of hands-on support, including:

* Dedicated concierges, each with at least 10 years of experience working with small businesses, to assist with the transition to NetBooks

* Immediate access, directly within the product, to experienced support personnel

* Unlimited support access at no additional charge

"QuickBooks has been singularly successful among software for the small business market by making one specific function--bookkeeping--easy to use. Now, the visionary behind QuickBooks has developed NetBooks: modern, on-demand software See SaaS.  designed to help small business owners go beyond keeping the books to running the entire business," said Tom Proulx, NetBooks board member, co-founder of Intuit in·tu·it  
tr.v. in·tu·it·ed, in·tu·it·ing, in·tu·its Usage Problem
To know intuitively.



[Back-formation from intuition.
, and 1992 Inc. magazine's Entrepreneur of the Year. "NetBooks brings the kind of capabilities previously reserved for big companies, from vendors like SAP and NetSuite, to the True Small Business."

Affordable Pricing, with a Unique Pricing Guarantee

NetBooks is priced at $200/month, or about what most business owners pay for their cell phones. This fee covers up to five users plus a bookkeeper and an accountant. Additional users cost just $20/month each. Support is included, along with all current and future product functionality (with the exception of optional fees for services provided by partners). Customers can choose between quarterly and annual billing options.

In what the company believes is a first for the on-demand software industry, NetBooks guarantees this price for the duration of the customer relationship. If NetBooks increases its pricing, existing customers continue to pay the old price. If NetBooks decreases its pricing, all customers automatically get the new, lower price.

Interested companies can learn more at www.netbooks.com and sign up for a live online demo.

About NetBooks

NetBooks' mission is to revolutionize rev·o·lu·tion·ize  
tr.v. rev·o·lu·tion·ized, rev·o·lu·tion·iz·ing, rev·o·lu·tion·iz·es
1. To bring about a radical change in: Television has revolutionized news coverage.

2.
 the way small businesses are managed. They do this by uniting technology, people, and partners into solutions that are as simple as possible, and as powerful as necessary, to run the whole business.

Using a Software as a Service (SaaS) delivery model, NetBooks addresses the long-standing need for a comprehensive, easy-to-use business management system for America's 5.1 million True Small Businesses (owner-operated firms with fewer than 50 people). The privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
, based in Rohnert Park, California Rohnert Park is a city in Sonoma County, California, United States, located approximately 50 miles north of San Francisco. The population was 42,236 at the 2000 census. It is an early planned city modeled directly after Levittown, New York and Levittown, Pennsylvania. , is funded by CMEA CMEA Council for Mutual Economic Assistance
CMEA Cellular Message Encryption Algorithm
CMEA Canadian Music Educators' Association
CMEA Council for Mutual Economic Aid
CMEA Certified Machinery Equipment Appraiser
CMEA Colorado Music Education Association
 Ventures, Integral Capital, and select advisors. www.netbooks.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Sep 5, 2007
Words:1023
Previous Article:NetBooks(R), Inc. Closes Nearly $9 Million in Funding.
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