Oracle NetSuite rolls out new products at SuiteWorld 2019

ERP vendor Oracle NetSuite announced a number of new products at its annual conference, SuiteWorld 2019, including several that are of interest to accountants and consultants.

The theme of last week’s conference, which drew an estimated 10,000 partners, customers and employees to Las Vegas, was “Grow Beyond.” Keynotes featured NetSuite executive vice president Evan Goldberg and senior vice president of global field operations Jason Maynard.

“The pace of change around the world is increasing and organizations need to be agile to stay ahead of the competition and meet changing customer expectations,” said Goldberg. “To help our customers manage increasing demands and reach new heights in every market they operate in, we are committed to making the most complex business processes simple through continued global enhancements to NetSuite.”

NetSuite made some major product announcements during the conference. These included SuiteSuccess for Planning and Budgeting Cloud Services, which enables organizations to track their performance against their planning, tailored to industry requirements. It’s available in seven industry editions, including warehouse distribution, manufacturing, marketing and advertising agency, software, retail, services and nonprofit. PBCS is part of NetSuite's SuiteSuccess, a pre-configured cloud solution. Also announced at the conference were new global financial management capabilities that streamline currency and trade management and new localizations to support customers in countries including China, France, Germany, India, Japan, Mexico, Singapore and the U.K.

NetSuite executive vice president Evan Goldberg at SuiteWorld 2019

Of particular interest to accountants and consultants is SuiteLife, a new global partner engagement initiative. While NetSuite already has over 550 partners in 85 countries, new partners will be able to start selling and delivering NetSuite to customers in only 90 days. SuiteLife will enable NetSuite partners to gain the expertise required to help customers succeed, differentiate their practices and expand their businesses. NetSuite has an Accountant Program tailored to accountants who have clients running NetSuite or who are interested in implementing the solution. For more information, visit http://www.netsuite.com/portal/partners.

Another program announcement of interest to accountants is NetSuite Brainyard, a dedicated business research and benchmarking service. Built around success metrics and subject matter expertise gleaned from more than 20 years of cloud-based data, Brainyard provides business research, benchmark data, performance analysis and advice to help organizations accelerate their growth.

“We're giving away the source code for business growth by providing our customers with unparalleled insights into every single critical business process.” said Maynard.

For reprint and licensing requests for this article, click here.