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New Version of NetSuite Software Company Edition Automates Renewal Management

SAN MATEO, Calif. Jan. 26, 2011 financials ERP software recurring revenue management renewal management software

NetSuite Ideal Fit for SaaS Companies

While the software-as-a-service (SaaS) model is far outpacing the older on-premise model, the tools available today to help SaaS companies manage key revenue and contract management processes are woefully inadequate. Today, many companies still rely on highly inefficient, spreadsheet-driven manual processes. NetSuite Software Company Edition eliminates the need for spreadsheets by providing a completely integrated and automated system that combines subscription renewals, billing and complex contract management with the company’s award-winning financial management suite.

Jim McGeever

The new capabilities in NetSuite Software Company Edition are available as an add-on module to NetSuite’s core ERP suite.  Key features include:

  • Renewal Automation
  • Uplift and Discount Management
  • Reporting and Visibility
  • Revenue Recognition

NOTE: NetSuite and the NetSuite logo are registered service-marks of NetSuite Inc.

SOURCE NetSuite Inc.

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