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Why NetSuite for Software Companies

NetSuite ERP is the definitive cloud-based solution designed to fuel growth and simplify operations for software companies. This all-in-one platform enhances your business with specialized tools for finance & accounting, CRM, HR, marketing, project management and more. Renowned for its robustness and scalability, NetSuite is trusted by industry leaders at all stages, from startups to public companies. Key adoption highlights include:

  • Two-thirds of all Tech IPOs are utilizing NetSuite
  • 88% of Bessemer’s “Next Cloud Unicorns” use NetSuite
  • 56 of the JMP 100 Private Software Companies use NetSuite
  • 22 of the Wall Street Journal’s “Billion Dollar Startups” use NetSuite

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Specialized Solutions for Pivotal Sectors

Basic systems like QuickBooks struggle with the advanced accounting required for software companies. Recurring revenue, renewals, and revenue recognition are just a few of the features your software company will love about NetSuite. You’ll enjoy:

  • Order Management
  • Streamlined Billing
  • Revenue Recognition
  • Faster Closing of the Books
  • Recurring Revenue Optimization
  • Consolidated Global Financials
  • Subscription Billing Automation
  • Renewal Management
  • GAAP & IFRS Compliance
The Ideal ERP for SaaS

Core Features of NetSuite for Software Companies

NetSuite offers an industry-leading, cloud-based ERP solution tailored for SaaS companies. It provides a unified business view and supports every facet of a software company’s operations.

Scaleable

NetSuite ERP is the foundation powering today’s fastest growing companies from startup to IPO and beyond. NetSuite uniquely understands the challenges facing hyper-growth software companies.

Streamlined

Increase financial and operational efficiency and accuracy through automation of key business processes. ScaleNorth’s NetSuite consultants are experts in automating routine processes to decrease manual labor and improve visibility.

Modernized

NetSuite ERP offers a solution that fosters innovation within your organization while being easy to use and accessible anytime, anywhere. It’s the leading true-cloud solution, unlike many other ERPs that were adapted for the cloud.

Customizeable

With the SuiteCloud platform, NetSuite offers multiple tools that empower you to both configure and customize NetSuite to meet your specific business needs. ScaleNorth can tailor NetSuite to perfectly fit your organization.

Accessible

Thanks to its true-cloud architecture and mobile friendliness, NetSuite allows you to run your business from anywhere in the world. Whether you have one location or twenty, NetSuite ensures that everyone has access to the data they need when they need it.

Integration Ready

For software companies that have business essential software outside of the NetSuite ecosystem, experienced consultants from ScaleNorth can integrate those software to NetSuite to give you maximal visibility and efficiency.

Visible

NetSuite’s advanced reporting capabilities allow you to view detailed reports on KPIs, create company wide or role specific dashboards, run saved searches and more without writing code or advanced technical know-how.

Financial Management

Using NetSuite for software companies can drastically decrease the time required for managing compliance, lessen reporting time and resources, reduce time to close the books, and more.

Other Benefits of NetSuite for Software Companies

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Eliminate the use of error-prone spreadsheets

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Reduce manual reconciliations

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Speed up the financial close process

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Improve order processing efficiency

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Reduce IT support and resource costs

•
Gain control of critical compliance activities

We are a Proven, Trusted and Effective NetSuite Partner

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Bob Scott's 2024 Top 100 VARS
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★★★★★
ScaleNorth's knowledge of native functionality in NetSuite runs so deep. There are so many functions and tools to learn how to use. With ScaleNorth we were able to ensure we were using NetSuite to full capacity.
Kimberly Rimel
Controller
PriceSpider

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FAQs

Find answers to common questions about NetSuite ERP for SaaS companies.

Why choose NetSuite? FAQ Icon

As the leading cloud-based ERP software system, NetSuite offers SaaS (Software-as-a-Service) companies a comprehensive solution for managing all of their business operations in one place. From subscription billing to recurring revenue recognition, managing customer churn to tracking metrics and analytics, NetSuite provides SaaS companies with a unified platform that integrates financial management along with CRM, HR, project management, and more.

Can ScaleNorth provide the NetSuite licenses? FAQ Icon

Yes, ScaleNorth is an authorized NetSuite Solutions Provider and can assist SaaS companies with acquiring NetSuite licenses and implementing the software. Our team ensures that you get the right licensing structure to support your business and operational requirements.

Is NetSuite customizable? FAQ Icon

Yes, absolutely. NetSuite's robust platform is highly customizable to accommodate the unique workflows and business models within the SaaS industry. ScaleNorth specializes in configuring NetSuite to align with your specific requirements, whether it's automating accounting processes, building out robust reporting, or enhancing customer lifecycle management.

Does ScaleNorth have experience with software companies? FAQ Icon

Yes, ScaleNorth has extensive experience working with software companies from various backgrounds. We understand the nuances of the software industry and can tailor NetSuite to help your business thrive.

Still have questions?

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