NetSuite for Software, Digital and Internet Companies.
Manage all your operations with NetSuite Software Edition.
Scale, Streamline and Modernize
In an Internet / Technology environment you need a business management system that supports rapid growth and is flexible enough to adapt and evolve. A cloud-based system enables you to concentrate on growing your business without worrying if the system will scale quickly enough to keep up.
Software and Digital Companies often have relatively complex regulatory and financial requirements due to operating in multiple countries and currencies. It is crucial that the business management suite supports global rollouts, consolidation, multiple languages, local tax legislation, multi book reporting and advanced revenue management.
With the agility of cloud computing, you and your business are free to pursue innovation rather than the demand of maintaining hardware and software.
Tailored Solutions For Your Particular Business
The NoBlue Solution for Software and Technology companies has been designed to enhance the standard Oracle-NetSuite offering to provide the last mile functionality your business requires. Whether your focus is on improving revenue recognition, streamlining billing processes, improving your customer experience or managing resources and complex projects we provide you with a solution that delivers clear business benefits to your enterprise.
NoBlue has been instrumental inin the successful implementation of several projects in the technology, software, Software-as-a-Service, and Web 2.0 sectors, provisioning and configuring NetSuite solutions to provide real-time data insights that allow our clients to streamline their critical business processes – saving time, money and eliminating error.
Customer Success Stories
An end-to-end system in the cloud that not only covered accounting and financials across different companies, but also sales force automation, marketing, and the ability to manage projects.
NetSuite ERP will give Cabify the agility, flexibility and scalability they need to fuel business growth and international expansion.
Zendesk embraced a NetSuite OneWorld strategy that has since assisted in an IPO and large scale growth to become a public company with more than 101,000 customers in over 150 countries.
Needed a cloud system to manage over 300 million subscription-based users, million of transactions in different countries and currencies, and ASC606 compliant.
Challenges included revenue recognition from subscription licensing, as well as non-subscription streams including support, professional services, training and user conferences, simple and transparent process for currency conversions, real-time visibility into its global business operations.
“NoBlue was able to provide a flexible and knowledgeable team that helped us get up & running as quickly as possible … the most effective partner to address our needs within the tight timeframes” Mark Haberland. Managing Director Clariba
Key Benefits
Scale with a comprehensive, global financial and accounting core, improve visibility as your business grows and evolves, and eliminate costly and ineffective manual processes and disparate systems regardless how big you are.
Real-time reporting providing quick and easy insight into common billing and financial data including audit and change tracking, monthly recurring revenue, total contract value and customer churn.
Improve profitability through automatic renewal processes and detailed project information to identify areas of improvement and optimise resources. Track costing, send recurring billing and comply with ASC 606.
Save time by automating billing and expense management, meeting revenue recognition requirements and supporting major compliance standards.
Accurate project tracking, powerful sales force automation -from opportunity, upsell and quote management to sales forecasting, order management, fulfilment, sales commission and marketing automation.
Key Area Functionality
- Subscription & Billing Management
- Revenue Recognition
- Customer Relationship Management
- CPQ Salesforce Integration
NoBlue solution uses ZAB -built entirely in NetSuite- to manage only one Customer record, one Item master, and leverage native NetSuite reporting capabilities and transaction types once the charges generate – Sales Orders, Invoices, Cash Sales, Credit Memos, etc. eliminating billing errors and accelerating cash flow. It is a unified billing framework to support upsells, downsells, cancellations, pricing adjustments, discount policies, renewals and billing schedule changes and rules all within a single platform.
The software industry has arguably some of the most complex financials of any sector, with managing revenue recognition while ensuring compliance being a key challenge. NetSuite supports all the revenue compliance standards, including ASC605, 606, and IFRS15. It automates revenue forecasting, allocation, recognition, reclassification, and auditing through a rule-based framework. Capture TCV and allocate revenue appropriately using both ZAB and NetSuite’s Advanced Revenue Management.
The comprehensive tools included with NetSuite Software Edition deliver features such as sales force automation, customer support solutions and the ability to customise your procedures. The seamless integration between all aspects of your operations enables you to offer the best service to your customers and help you manage cross-selling and up-selling tasks to improve your revenue.
Enable your sales force to deliver value to the customer and work smarter and more efficiently, with accurate price. Manage accurately complex configurations and quotes for better ROI and faster lead to cash.
