Software developer NetSuite released NetSuite OneWorld, an online accounting, enterprise resource planning, customer relationship management and e-commerce software system aimed at multinational and multi-subsidiary companies for managing their global business operations in real-time.

The system uses "cloud computing" technology to allow multiple companies and subsidiaries to operate the software from a single database. NetSuite said the software would provide the appropriate functionality for currency, taxation, language, reporting and dashboards wherever the user is located.

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