NetSuite Inc., an on-demand business software provider, unveiled NetSuite-Software Edition, a version of its online flagship software system specifically geared for software companies.

The latest edition has updated three specific areas of their 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 American Institute of CPAs', Financial Accounting Standard Board's, and Securities and Exchange Commission's rules and regulations, and manages GAAP revenues and billings separately. The back-office portion of the edition also offers advanced billing and renewal, and maintenance sales management that puts in start and end dates to automatically trigger contract renewal reminders.

The embedded CRM of the latest NetSuite version houses tools like software sales forecasting, software commission management, partner relationship management, software-specific marketing and self-service customer portals.

Additional dashboards are geared to top job functions, such as chief executive officer or chief technology officer.

NetSuite-Software Edition prices at $2,999 per month, with an added $99 per user per month. More information is available by visiting www.NetSuite.com.

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