Netsuite, the web-based technology company, is to target larger SAP and Oracle customers in a bid to outgrow its small to medium sized customer base.
The strategy was leaked by a source close to the NetSuite offerings, Reuters reported, with analysts speculating that technology managers will be looking at the company's software as a service offerings as a cheaper alternative to installing SAP or Oracle systems.
A spokeswoman for NetSuite declined to comment on the new programmes dubbed 'SuiteCloud Connect.'
It is understood that NetSuite developed the new software using tools such as application programme interfaces which are already building into the SAP and Oracle programs allowing for easier data integration.
You may also like
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.