In the Australian high tech industry, vision and the ability to scale often separate the failures from the winners. NetSuite's cloud ERP/financial suite is the top choice of technology companies who understand that the key to managing fast growth is a modern back office system that can quickly adapt to today's dynamic business requirements while providing the critical platform for future growth.
NetSuite uniquely understands the challenges facing hyper-growth software companies. We've grown our business from start-up to software industry leader with annual revenue run rate of over half a billion. And we did it running on NetSuite.
Today we have over 1,000 software companies that trust NetSuite to provide the platform that runs their mission critical business processes. Our customers are routinely named to the Deloitte Technology Fast 500 and other lists that celebrate tech company success. And NetSuite continues to power the software industry's hottest IPOs. Simply put, tomorrow's tech leaders run NetSuite today.
But NetSuite isn't just for start-ups. Start-ups, midsize and enterprise software providers all benefit from NetSuite's award-winning solutions. We help increase efficiency with a comprehensive, global financial and accounting core, improve visibility as your business expands and evolves, and eliminate costly and ineffective manual processes and disparate IT systems—these are the keys to scaling your organisation regardless of how big you are today.
With growth comes added business complexity. You have to manage more complex business processes such as revenue recognition, forecasting, procurement, specialised pricing models, recurring/subscription based revenue streams, order management and an embedded professional services team, just to name a few.
The processes and systems that worked well when your business was a start-up, focused on a single product set, or selling in a single geography, begin to break down. But as you grow, relying on spreadsheets, un-integrated processes and ad-hoc applications to meet incremental needs as they arise will hinder productivity.
It doesn't have to be this way.
NetSuite's cloud business management solutions provide the foundation Australian software companies need to streamline critical business processes. By automating quote-to-contract, provision-to-bill, invoice-to revenue recognition, project proposal-to-profit and plan-to-report processes, NetSuite helps software companies:
The results speak for themselves. Our software customers report 25 percent to 80 percent improvements across multiple areas of the business, including: financial management, IT management, professional services and business visibility.
Fragmented business systems, siloed data and manual processes stifle productivity and growth. Modern technology companies require a foundation that provides enterprise-wide visibility, flexibility and agility. Cloud computing is the accepted business architecture of today and tomorrow. Cloud enables you to focus on innovation rather than the burden of maintaining hardware and software.
With NetSuite you have access to important business metrics anytime, anywhere. Our solutions are optimised for the latest mobile devices and easy to use so you can increase employee productivity and ramp new starters quickly.
Equally important is the need for a solution that is dynamic and forward-looking. NetSuite provides real-time data insights that allow you make important course corrections and project changes out into the future.
Each software company is unique and requires the flexibility to adapt to today's ever changing business environment. The SuiteCloud platform is built in to NetSuite and offers multiple tools that empower you to both configure and customise NetSuite to meet your specific business needs.