SAN MATEO, Calif., Nov. 20, 2014 /PRNewswire/ -- NetSuite Inc.
(NYSE: N), the industry's leading provider of cloud-based
financials / ERP and omnichannel commerce software suites, today
announced that 31 percent of companies on the Deloitte Technology
Fast 500 list for 2014 in the fast-growing Silicon Valley and
Seattle markets run NetSuite to
drive innovation, business efficiency, agility and scalability. Now
in its 20th year, the Deloitte Technology Fast 500 ranks
the fastest-growing technology, media, telecommunications, life
sciences, and clean technology companies in North America based on percentage of fiscal
year revenue growth over the past four years.
NetSuite customers on the Deloitte Technology Fast 500 list for
2014, including Adaptive Insights, Apptio, Box, Tableau Software,
TubeMogul and others, run their core business processes on
NetSuite, which delivers a single, integrated cloud solution for
financial management, CRM, ecommerce and professional services
automation (PSA). Some of these customers also run the NetSuite
OneWorld global business management solution, gaining capabilities
for global financial consolidation and reporting, multi-currency
transactions and country-specific taxation compliance. With a
unified real-time view into business performance, NetSuite gives
fast-growth companies the agility they need to rapidly expand into
new markets. Several NetSuite customers on the list, including
Tableau, and TubeMogul, have also leveraged NetSuite's
award-winning financial management capabilities to prepare for and
execute successful IPOs.
"Leading companies on the Deloitte Technology Fast 500 are
making the most of NetSuite to maximize their operational
efficiency and swiftly execute on business opportunities, all in
the cloud," said Jim McGeever, Chief
Operating Officer at NetSuite. "Cloud ERP has been a catalyst for
efficiency at many of our top customer organizations, and we're
delighted to see so many earning the recognition they deserve on
the prestigious Fast 500 list from Deloitte."
With support for 190 currencies, 19 languages and automated tax
compliance in over 50 countries, NetSuite OneWorld is the solution
of choice for fast-growth multinational companies that want a
single, unified system of record across the business. NetSuite
delivers the flexibility that companies need to customize their ERP
systems to their business needs. Companies on the Deloitte
Technology Fast 500 list use NetSuite for:
- Financial consolidation. NetSuite OneWorld supplies a
unified platform for global subsidiary management and financial
visibility, providing a real-time view of global financials.
- Multi-currency management. NetSuite OneWorld provides
support for transactions in over 190 currencies, enabling companies
to seamlessly expand into new global markets and accommodate
customer preferences.
- Deep customizability and integration. The SuiteCloud
Development Platform allows companies to customize NetSuite to meet
their unique business requirements and to incorporate third-party
cloud applications from NetSuite partners.
- Robust CRM. NetSuite CRM enables companies to better
cultivate and manage profitable relationships with a single,
consolidated record of account information and customer/prospect
interactions and natively integrate that information with
financials data.
- Professional services automation. Optional PSA
capabilities through NetSuite Services Resource Planning (SRP)
provide services teams capabilities for project management and
project accounting, as well as resource optimization and time and
expense management.
Deloitte recently announced its Technology Fast 500 rankings,
with NetSuite sponsoring the annual events in the Silicon Valley,
Seattle and New York/New
Jersey/Connecticut markets.
The winners were honored at gala dinner ceremonies by Deloitte, a
NetSuite Systems Integrator Partner, in cities across the United States and Canada.
Today, more than 20,000 companies and subsidiaries depend on
NetSuite to run complex, mission-critical business processes
globally in the cloud. Since its inception in 1998, NetSuite has
established itself as the leading provider of enterprise-class
cloud financials/ERP suites for divisions of large enterprises and
mid-sized organizations. NetSuite excels at streamlining business
operations as demonstrated in a recent Gartner study naming
NetSuite as the fastest growing financial management software
vendor on a global basis. NetSuite continues its success in
delivering cloud ERP/financials suites to businesses around the
world, enabling them to lower IT costs significantly while
increasing productivity, as the global adoption of the cloud is
accelerating.
Follow NetSuite's Cloud blog, NetSuite's Facebook page and
@NetSuite Twitter handle for real-time updates.
For more information about NetSuite, please visit
www.netsuite.com.
NOTE: NetSuite, the NetSuite logo, and OneWorld are registered
service marks of NetSuite Inc. Third-party trademarks mentioned are
the property of their respective owners.
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SOURCE NetSuite Inc.