LONDON, Oct. 9 /PRNewswire/ -- NetSuite, Inc. (formerly NetLedger), makers of Oracle Small Business Suite (Company
Profile, Past
Stories, Case
Studies), today announced that more than 100 UK small to midsize businesses have standardized their business operations -- sales, order management,
support, financials, inventory and warehouse management, payroll, and supply chain -- on either Oracle Small Business Suite or NetSuite. With today's UK launch of Oracle
Small Business Suite and NetSuite (see accompanying release), the number of UK customers will grow substantially, and will add to the more than 7,000 companies
around the world who have subscribed to the company's application services. The Oracle Small Business Suite name is used under license from Oracle Corporation
(Nasdaq: ORCL - News). For a free test-drive of NetSuite, please go to www.netsuite.com/uktestdrive.
Frustrated with the cost and complexity of using different software packages to run business operations, businesses come to NetSuite for its on-demand, integrated
application that automates both front- and back-office operations -- from contact to contract to cash to customer support. Oracle Small Business Suite and NetSuite provide
unprecedented power, effectiveness and productivity at a fraction of the cost for traditional, non-integrated software solutions.
"Companies struggle to integrate multiple software applications to run their business, and software vendors like Sage and Microsoft whose primary application
integration strategy is to hand the customer one invoice that 'integrates' line items for separate ERP and CRM applications only makes the problem worse," said Zach
Nelson, CEO of NetSuite, Inc. "At NetSuite, we built a single application integrating complete CRM and ERP by design. For the first time customers can spend their
resources on running their business, rather than spending them on running some vendor's software."
"Our business operates across a diverse range of geographical locations, so having a common communication and IT system infrastructure was particularly important
to us," said Gerry Kerins, Financial Director of Rococo Chocolates (www.rococochocolates.co.uk) in London. "Rococo is growing steadily, so we needed a
flexible and scaleable IT platform upon which to face the challenges of a growing company. NetSuite provides us with the powerful combination of a sophisticated, enterprise
wide system hosted on the Web at a price point that is appropriate for a growing SME like ourselves. For Rococo it's the right product at the right time."
"Our business moves pretty fast and in high volume," said Ash Thapar, managing director at London-based Sansar Solutions (www.sansarsolutions.com), which
procures electronic components from manufacturers throughout Europe, Asia and in the US. "It's so competitive these days that you need everything at your fingertips.
NetSuite gives us that advantage we need to compete in a global industry. What's more, we will save more than #20,000 a year -- much more than we paid for the
application -- in administrative salaries, thanks to efficiencies gained through NetSuite. When you factor in IT cost savings, implementation cost savings, and ongoing
maintenance costs, you can easily double that cost-savings figure."
"For our CRM needs, we needed much more functionality than a glorified contact management application like salesforce.com could provide," said Mener Tsitsis,
owner of JTA Property (www.jtaproperty.com), a property management firm based in London. "We leverage NetSuite's CRM functionality to maintain tenant billing
history, schedule jobs based on refurbishment and maintenance needs, track time, and to track lead and prospect information. It has boosted the level of customer service
that JTA can provide to its tenants by allowing them to e-mail work requests, which the system automatically processes and assigns to a contractor."
"NetSuite is allowing me to launch a company with every part of my business integrated, including my warehouse," said Michael Morgan, Director of Parc Ferme
Racing (www.parcfermeracing.com), a dealer of motorsport race parts based at Brands Hatch Race Circuit near London. "Suddenly I am competing against much
larger players in the British motorsport industry where Web sites tend to be slow and products difficult to find. On the other hand, my suppliers think my Web-based,
integrated NetSuite system is very professional and gives me instant recognition with seasoned industry professionals."
NetSuite, Inc. was founded in 1998 by Oracle CEO and Chairman Larry Ellison and current NetSuite CTO Evan Goldberg to bring the power of integrated application suites
and low-cost utility computing to small and midsized enterprises (SMEs). From the introduction of Oracle Small Business Suite in 1999 to the 2002 launch of NetSuite, the
first mid-market integrated CRM/ERP application, the company has led the market in creating a new standard in business applications. Delivered as Web-based on-demand
applications, Oracle Small Business Suite and NetSuite can reduce the cost of business applications by as much as 90 percent as there is no hardware to procure; no
large, up-front license fees; and no resources required to install, maintain, and upgrade the system. And finally, the products' easy-to-use "dashboard" user
interface provides an intelligent, role-specific portal view of the application. With more than 7,000 companies having licensed the company's products, NetSuite is the largest
provider of online business applications in the world.
For more information about NetSuite visit www.netsuite.com.
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