NetSuite Inc., an on-demand business software provider, unveiled NetSuite - Software Edition, a software company-geared version of their online flagship software system.NetSuite - Software Edition has updated three specific areas of its original online edition to meet the special needs of software companies. The new edition enhances the financial management, customer relationship management and dashboards of the software system.
Within the financial management enhancements, revenue recognition supports the America Institute of CPAs', Financial Accounting Standard Board's and Securities and Exchange Commission's rules and regulations, and manages generally accepted accounting principles revenues and billings separately. This back-office portion of the new edition also offers advanced billing and renewal, and maintenance sales management that puts start and end dates on customers to automatically trigger contract renewal reminders.
The embedded CRM houses tools like software sales forecasting, software commission management, partner relationship management, software-specific marketing and self-service customer portals.
Additional dashboards geared to 15 pre-configured top roles, such as chief executive or chief technology officer, or to a software company-specific key performance indicator dashboard, are also available.
NetSuite-Software Edition prices at $2,999 per month with an added $99 per user per month. For more information, visit www.netsuite.com.
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