The software enables companies to move to the cloud by starting with the migration of their most important financial and ERP processes.
These companies can then add customer relationship management (CRM), Ecommerce or other ERP functionality as their operational needs change.
It is tailored for Australian and New Zealand accounting and compliance requirements and is aimed at companies with 50 - 1000 plus employees.
Craig Sullivan, VP International Products NetSuite, said the reason for the launch was to make it easier for businesses who had an existing CRM solution to let them know NetSuite has a financial management capability that they can deploy with their investment rather than deploy the entire suite they can deploy just one part.
He said businesses can implement NetSuites full suite or start with NetSuite Financials and add other applications and functionality after that. It eliminates the high costs and complexity associated with integrating applications from multiple vendors.
The company has 20 solution providers in Australia.
"The solution is available through the channel and resellers can take this application to their target customers," he said.
"On a global basis, the channel has been very responsive to this. Resellers like to have a new offering that we bring to market and it gives their customers a connection to these existing systems."
NetSuite Financials includes services resource planning, human capital management, inventory and supply chain, order management and options for advanced billing and revenue recognition.
For a limited time, it is available at a 30 percent discount from the list price for any company switching to NetSuite from Microsoft Great Plains or any Sage ERP product.
NetSuite Financials also integrates with Salesforce.com. By connecting the two products, salesforce.com customers can link their management processes with back-office workflows such as order management, fulfilment and invoicing.
Issue: 277 | March, 2010