NetSuite's online package wins accountancy software award

UK customers backed online packages by crowning a cloud computing vendor with accountancy software of the year

Written by Rachael Singh

UK customers have named an online technology package as accounting software of the year.

NetSuite's OneWorld was given the accolade by Sift Media's Software Satisfaction Awards.

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"UK customers have chosen NetSuite as the best enterprise accounting software package on the market," said Zach Nelson, CEO of NetSuite.

OneWorld is aimed at mid-sized companies with multinational or multi-subsidiary operations.

The software was accredited by the ICAEW and the German Institute of Auditors.

NetSuite announced their results earlier this week which showed a loss of $8m (£4.8m) despite revenues rising over the quarter.

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