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NetSuite Touts Tight Integration of New HCM Offering
NetSuite has unveiled what it calls the missing piece of its cloud ERP suite with a new human capital management (HCM) system, dubbed SuitePeople. Although the new offering has some initial limitations, NetSuite can now be considered, even more so than in the past, as a complete ERP system, built natively in the cloud.
New Customer-Facing Systems Extend the Reach of SMBs
Small businesses play a vital role in the economy and are often the leading innovators in new products and services. In recent years, software vendors have announced new products to address the challenges of multichannel commerce and the global markets that small and medium sized businesses face. In this Byte, we review two of them, SAP and Microsoft, which are building new, customer-facing systems specifically to serve SMB customers.
Cloud Providers Racing New Rev Rec Solutions to Market
Enterprises need to start planning for two significant new revenue recognition accounting standards. Although they may seem far in the future, they will affect multiyear contracts that companies write today. In this Research Byte, we examine the latest announcements for rev rec compliance by three cloud system providers: Intacct, FinancialForce, and NetSuite.
Oracle Adding NetSuite to its Cloud Portfolio
Oracle is acquiring NetSuite, the market share leader in cloud ERP, for about $9.3 billion. This Research Byte analyzes what the move means for Oracle, NetSuite's customers, and the cloud ERP landscape.
Understanding Cloud ERP Buyers and Providers
Not all ERP systems that are labeled “cloud” are the same. At the same time, vendors need to realize that not all ERP buyers are the same. The study provides an overview of ERP cloud vendors and describes the two major categories of buyers in this market: first-time buyers looking for their first ERP systems and established companies replacing their legacy systems. We also segment cloud ERP providers into two categories: cloud-only ERP providers and traditional vendors that have added cloud or hosting as deployment options. We conclude with recommendations for buyers and providers who seek to serve these markets. Two appendices provide our analysis of key ERP vendors in each category. (32 pp., 6 fig.) [Research Byte]
Cloud ERP Vendor NetSuite Enhances Manufacturing Functionality
At its annual user conference in May, cloud ERP provider NetSuite promoted enhanced functionality for manufacturing companies. As manufacturing firms are increasingly open to cloud solutions, NetSuite is at the right place at the right time. Nevertheless, there are a number of decision points for NetSuite as it continues to build out its manufacturing footprint.