NetSuite Adds ERP Modules To Online CRM
2005-01-28 23:57:00
NetSuite this week launched a pair of add-on enterprise resource planning modules (ERP) to its hosted customer relationship management software, and aimed the modules at mid-sized companies.
NetSuite Revenue Recognition Module and NetSuite Advanced Financials Module both combine with NetSuite, the San Mateo, Calif.-based company's flagship hosted software.
"With this advanced ERP, we're taking companies off the near abacus-like financial tools they're using and putting the more sophisticated tools they need in their hands to manage the complexities of their businesses," said Zach Nelson, the chief executive of NetSuite, in a statement.
Revenue Recognition provides a system of checks and balances for review, approval, and execution of revenue, said NetSuite, and is designed to help companies keep in compliance with accounting standards such as GAAP. This module is available now and costs $499 a month.
Advanced Financials Module, meanwhile, includes a number of tools that let managers allocate costs by account, class, department, or location; automate billing schedules and commission payments; create multiple budgets to account for several scenarios; and work on budgets offline by using spreadsheets, then importing the results into NetSuite. The financials module is also available immediately, but is priced at $199 per month.
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MyDoom Turns 1, Impact Grows
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Apple Edges Google In Branding Survey
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CipherTrust: Mail Senders 'Guilty Until Proven Innocent'
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Time Warner Cable Plans To Carry AOL
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Tivo: Developers Wanted
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Consumers Turn Noses Up To Home Networking
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Yahoo Expands Financial Services
Yahoo Inc. on Monday started moving stock quotes directly from the nation's three largest stock exchanges on its own site, and launched a new financial data distribution service.
MobiTV Expands Into The Midwest
Idetic Inc. on Monday launched its television service for the wireless phone in three Midwestern states.
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