NetSuite for the software & IT industry.
Manage all your operations with NetSuite Software Edition.
Real-time Visibility & More
As an IT and service company ourselves we have a clear insight into the unique demands of this sector and the challenges faced. As organisations often struggle with complex and continually evolving revenue recognition rules, real-time visibility and more, having systems specifically tailored to this market is a must.
To name a few, NetSuite’s serverless enterprise streamlines everything from support queries and training webinars to project profitability, complex billing, revenue recognition, subscription billing, resource management, contract management and more.
Tailored Solutions For Your Particular Business
For companies operating in the software, Software-as-a-Service, and Web 2.0 sectors, NetSuite Software Edition is ideal for managing all front-end and back-office procedures. Businesses can take advantage of the platform’s powerful solutions for areas such as accounting and ERP, employee management, customer relationship management and eCommerce.
Whether your focus is on improving revenue recognition, streamlining billing processes or improving your customer experience on and offline, we provide you with a tailored solution that brings the most benefits to your particular business. NoBlue have been instrumental in working on 5 projects over the last 2 years in this sector, with strong internal working knowledge of these business, due to our own needs as a company.Â
Key Benefits
NetSuite’s ERP and professional services automation (PSA) software can give you a real-time view into opportunities, resources and financials allowing you to reduce administrative time so you and your staff can concentrate in business and not on IT infrastructure. Deliver happier employees and more engaged clients.
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 visibility into performance.
Improve profitability through automatic renewal processes and detailed project information to identify areas of improvement and optimise resources.
Save time by automating billing and expense management, meeting revenue recognition requirements and supporting major compliance standards.
Improve sales and marketing through accurate tracking and billing of your consultants, powerful sales force automation -integrated sales processes from opportunity, upsell and quote management to sales forecasting, order management, fulfilment, sales commission and marketing automation providing you with a framework to target, build, execute and measure the success of marketing campaigns.
Key Area Functionality
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.
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 provides all the tools needed to simplify this under a single package, reducing the need to rely on spreadsheets and standalone solutions. Its integrated dashboards mean greater ease of use and flexibility, better data integrity and less ongoing maintenance. The solution also offers support for key compliance regulations such as SOP 81-1, SOP 97-2 & 98-9, SAB 101, EITF 00-21, EITF 08-01 and EITF 09-03. It is also key that NetSuite’s Advanced revenue Management Module allows compliance with IFRS 15.
NetSuite helps streamline the sales process from quote to order with capabilities to fast-track business processes, generate more accurate quotes and accelerate cash flow all under a single solution. It can also help eliminate billing errors, which is an area that typically poses major difficulties for software companies due to its high complexity. Automating these activities helps free up resources and guarantees streamlined, problem-free operations.
