|Exchange:||New York Stock Exchange|
|Industry:||Software - Application|
|NetSuite Inc. was incorporated in California in September 1998 and reincorporated in Delaware in November 2007. The Company offers software suites for accounting/enterprise resource planning, customer relationship management, professional services automation & ecommerce functionality to medium-sized businesses and divisions of companies. It delivers its suite over the Internet as a subscription service using the software-as-a-service model. The Company's business management application suite is designed to serve as a single system for running a business. All elements of its application suite share the same customer and transaction data, enabling seamless, cross-departmental business process automation and real-time monitoring of business metrics. In addition, integrated ERP, CRM and e-commerce capabilities provide users with real-time visibility and appropriate application functionality through dashboards tailored to their particular job function and access rights. The Company’s NetSuite application are served to medium-sized businesses and divisions of large companies, provides a single platform for financials/ERP, CRM, PSA and Ecommerce capabilities. Its NetSuite OneWorld software is offered to large companies operating in multinational and multi-subsidiary environment. NetSuite OneWorld allows users to utilize its single platform for financials/ERP, CRM, PSA and Ecommerce capabilities in multi-currency environments across multiple subsidiaries and legal entities. Its NetSuite CRM+ is offered to medium-sized business customers. This application provides traditional sales force automation, marketing automation, customer support and service management functionality. NetSuite OpenAir PSA solution is used by professional services organizations. SuiteCommerce solution is built for retail and B2B businesses. SuiteCommerce enables businesses to move from standalone transactional channels such as online, in-store or telephone to an integrated commerce solution that puts the customer at the center of every experience. Add-On Modules offers integrated suite, NetSuite Retail Anywhere is a point-of-sale (POS) solution that is used by retail businesses. NetSuite Industry Editions serve companies in the wholesale/distribution, manufacturing, services, retail and software industries. SuiteCloud Platform develops and distributes cloud-based products of their own, including industry-specific versions of company’s application suite. The company competes with financials/ERP, CRM, PSA and Ecommerce companies. Its competitors are Epicor Software Corporation, Intuit Inc., Microsoft Corporation, Oracle Corporation, SAP AG, The Sage Group plc and salesforce.com, inc. The company is subject to income taxes in the United States and various foreign jurisdictions, and its domestic and international tax liabilities are subject to the allocation of expenses in differing jurisdictions.|
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