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NetSuite offers new ERP modules.

NetSuite, Inc., a provider of integrated business application software for small and midsized businesses, has announced a pair of new advanced enterprise resource planning (ERP) modules, both designed to deliver financial application software via the Internet. The new modules include NetSuite Revenue Recognition Module and NetSuite Advanced Financials Module. The new modules provide back-office functionality to midsized customers, and they also aid in corporate regulatory compliance laws when combined with NetSuite. NetSuite ties ERP, CRM and e-commerce together in a single, hosted application so midsized businesses need not waste time and money integrating disparate applications. With NetSuite's architecture as a single data repository, the compliance issues raised by fragmented data stored in multiple systems is addressed.

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NetSuite is also delivered as an on-demand Web-based service, eliminating the ongoing cost of maintaining and upgrading the application.

NetSuite's Revenue Recognition Module is intended to ease accounting and reporting with flexibility, as well as to increase integrity and confidence with GAAP Compliance. NetSuite's Advanced Financials Module is intended to bring robust and more sophisticated financial features to midsized businesses. This module offers numerous features and functions, including the following: allocations, multicurrency, budgeting, advanced billing and accounts payable and sales tax payments via electronic funds transfer (EFT).

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Title Annotation:enterprise resource planning, NetSuite Advanced Financials Module, NetSuite Revenue Recognition Module
Publication:Customer Interaction Solutions
Article Type:Brief Article
Geographic Code:1USA
Date:Feb 1, 2005
Words:208
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