San Mateo, Calif. (May 28, 2004) -- In its ongoing effort to compete against established desktop enterprise resource planning systems such as Microsoft Great Plains and MAS 200, hosted business application software maker NetSuite will offer additional ERP functionality in the latest version of its flagship product.

The company will begin rolling out the new capabilities in June. New features are specifically targeted at NetSuite’s core customer base of wholesalers and distributors and service-oriented businesses. Key features will include allocations; advanced budgeting; advanced billing for service-oriented businesses; revenue recognition; and wholesaler-specific features, including special orders for unstocked items and lot tracking.

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