San Mateo, Calif. (Aug 1, 2003) -- NetLedger Inc., maker of Oracle Small Business Suite, is doing away with its Advanced Accounting product and replacing it with NetERP -- a back-office application that provides supply-chain management and e-commerce for midsized businesses.

Enterprise resource planning applications have traditionally only been available to large businesses with sizable IT budgets and typically require lengthy, expensive consulting projects to install, integrate and maintain.

"NetERP lets mid-market companies automate their back-office business processes without the headaches, hassles and costly implementation cycles of traditional enterprise software," said Zach Nelson, chief executive of NetLedger. "NetERP's integration of complete Web-hosting and e-commerce technology allows our customers to easily extend their enterprise systems for on-line, business-to-business transactions."

NetERP is built on a single data store so that traditionally separate applications such as financials, inventory management, order management and e-commerce are now managed in one data repository. It includes serialized inventory, units of measure, matrix item management, and bar coding. NetERP also enables companies to extend their operations to business partners, vendors and customers via a complete integrated Web hosting and e-commerce capability.

NetERP is free to NetSuite subscribers through September. It will then be available as a stand-alone offering or as part of the NetSuite integrated ERP/CRM solution. New subscribers pay $4,800 per year for a single user, and $75 per user per month.

-- Seth Fineberg

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