NetSuite Inc (N)

NetSuite Inc. develops cloud-based financials, enterprise resource planning (ERP), and omnichannel commerce software suites. It offers NetSuite, a platform for financials and ERP, customer relationship management (CRM), professional services automation (PSA), and e-commerce capabilities that automate processes across departments, and NetSuite OneWorld to manage various companies or legal entities with different currencies, taxation rules, and reporting requirements. The company also provides NetSuite CRM+, which provides sales force automation, marketing automation, customer support, and service management functionality. NetSuite OpenAir PSA is a PSA solution that is used by professional services organizations and provides a view of the organization’s performance and profitability with dashboards and reports. SuiteCommerce is a solution for retail and business-to-business businesses; SuiteSuccess is a suite of industry cloud solutions; and Oracle Blockchain Cloud Service is for customers and partners to provide payments and create invoice factoring, provenance tracking, lending, onboarding, treasury and liquidity services, cash management, transaction banking, and more services. The company sells its products directly through professionals to medium-sized businesses and divisions of enterprises and indirectly through its relationships with channel partners. It serves various industries, including wholesale and distribution; professional, consulting, and other services; computer software; e-commerce and retail; manufacturing; computer and IT services; telecommunications services; financial services; healthcare services; and education. NetSuite Inc. was formerly known as NetLedger, Inc. and changed its name to NetSuite, Inc. in September 2003. The company was founded in 1998 and is based in Austin, Texas with additional offices across the globe. As of November 4, 2016, NetSuite, Inc. operates as a subsidiary of Oracle Corporation.