NetSuite Blog

Everything listed under: Software Industry

  • Making THE Revenue Recognition Rule Work for Your Business

    More than two years have passed since the revenue recognition rule came into effect. Formally, I'm talking about the Financial Accounting Standards Board (FASB) rule EITF 08-01, but because of the sweeping and significant changes it made to the way revenue from high-tech and multi-element products sales is recognized, at NetSuite we refer to it simply as the revenue recognition rule. Certainly, it has created new and complicated accounting obligations for a wide range of businesses—not just high...

  • Six Keys To Preparing for a Successful High-Tech IPO

    Taking a company public is one of the most professionally and personally rewarding opportunities for a business leader, particularly in high growth tech and software industries. It can also be fraught with risk, pain and even public humiliation if mishandled—a quick browse through the business pages makes that perfectly clear. Tech IPOs can be soaring successes, with the right planning.

  • SuiteWorld 2012: A Focus on Manufacturing, Wholesale Distribution and Software Verticals

    The verticalization of cloud ERP is one of the hottest trends in the industry, and it’s in the spotlight at SuiteWorld 2012, May 14–17 in San Francisco. If you’re a NetSuite customer or partner in manufacturing, wholesale distribution or the software industry, SuiteWorld is your best opportunity of the year to build your knowledge, network with industry experts and peers, and learn what’s new (and in the pipeline) for NetSuite industry solutions. We’ve put together in-depth sessions for manufact...

  • Old ERP: Gambling with Regulatory Compliance

    Rules, rules and more rules. You know the drill. While your company is doing its best to compete in its industry, it’s also trying to stay current with a seemingly never-ending barrage of accounting and regulatory challenges.

  • NetSuite Powering Private Software Company Success

    Earlier this year, NetSuite announced that its leading cloud ERP powers more than one-third of JMP Securities Hot 100 Private Software Companies. Considered some of the best and brightest in the software industry, these companies are using NetSuite to run their key business processes, from order-to-cash, subscription renewals, billing, financial reporting, revenue recognition and professional services automation. Similar to the JMP Securities Hot 100, AlwaysOn, a premier source for analysis and ...

  • Adapting Your Business Strategies to Today's New Software Revenue Models

    Subscription-based software licensing has gone from a novel concept to a disruptive force to a mainstream business model. By 2015, 24% of all software revenue will be generated by subscriptions, according to research by IDC. For software companies, subscriptions introduce a host of opportunities and challenges.

  • Why having the latest and greatest software matters for Eloqua

    I wrote previously about the experiences of KANA as a software company with NetSuite, based on a panel discussion with executives of three software companies at SuiteWorld. Also on the panel were Eloqua and RightNow Technologies. This was my second experience speaking to Eloqua, having first spoken with their CFO, Don Clarke, on a webinar about Hot 100 Software Companies.

  • The Power of NetSuite for KANA

    At our SuiteWorld conference in May, I had the pleasure of conducting a customer panel with executives of three software companies and discussing with them their companies and the challenges they faced before implementing NetSuite. All of panelists are using NetSuite to run their financials, but in very different financial structures—one is a VC-backed company, another a public company and the third a private equity, or PE-owned, company. Our panel conversation started with Jay Jones, the Chief ...

  • Learn Vertical Best Practices at NetSuite SuiteWorld

    We hope by now you’ve registered for SuiteWorld, NetSuite’s upcoming user and partner conference in San Francisco, May 8-12, 2011.  This promises to be a jammed-packed event with not only great customers from North America, Asia and Europe sharing their best practices within the industries of wholesale distribution, manufacturing, services, software, and ecommerce; but also key members of NetSuite’s product management, professional services, and partner community. I am responsible for the i...