NetSuite

NetSuite Inc. is an American cloud based enterprise software company. They provide products and services tailored towards small and medium-sized businesses (SMBs), including accounting, financial management, customer relationship management (CRM), inventory management, human capital management, payroll, procurement, project management, and e-commerce software. NetSuite was founded in 1998¹, and is currently headquartered in Austin, Texas. The company is seen as the first cloud computing software company, pre-dating Salesforce by roughly a month. Oracle acquired NetSuite for approximately $9.3 billion USD in November 2016. The Oracle NetSuite Global Business Unit is managed by Executive Vice President, Evan Goldberg.

NetSuite Inc. is an American cloud based enterprise software company. They provide products and services tailored towards small and medium-sized businesses (SMBs), including accounting, financial management, customer relationship management (CRM), inventory management, human capital management, payroll, procurement, project management, and e-commerce software. NetSuite was founded in 1998, and is currently headquartered in Austin, Texas. The company is seen as the first cloud computing software company, pre-dating Salesforce by roughly a month. Oracle acquired NetSuite for approximately $9.3 billion USD in November 2016. The Oracle NetSuite Global Business Unit is managed by Executive Vice President, Evan Goldberg.

Products, services and support

NetSuite offers a suite of cloud-based business management applications. The platform can support accounting capabilities like general ledger, accounts payable, accounts receivable, cash management, tax management, purchasing and inventory and order management, along with optional modules like customer relationship management, e-commerce, human resource and workforce management, payroll management, professional services automation, warehouse management and supply chain management. The cost of a NetSuite subscription is not fixed: it depends on the modules selected and the number of users. The platform is accessed via the cloud and all data is centralized and stored in the cloud, allowing users to access data from different devices and countries. Fixed asset management, revenue recognition, planning and budgeting, and subscription billing are also available. Multi-entity and global accounting and consolidation functionality is available at additional cost via NetSuite's OneWorld module, which supports 27 languages, and multiple currencies and tax codes. As with other cloud-based applications, periodic upgrades offer clients access to current features and functionality more readily than they would have been able to achieve using on-premises code. NetSuite offers analytics and reporting, which use the centralized data to provide real-time visibility into client company operational and financial performance. Pre-configured role-based dashboards and key performance indicators allow users to monitor business performance. NetSuite Analytics Warehouse is a cloud-based analytics platform that consolidates NetSuite and external data for advanced reporting and analysis using Oracle Analytics Cloud and Oracle Autonomous Data Warehouse. The SuiteCloud Platform is NetSuite's environment for extensibility and customization, enabling developers and partners to build and deploy applications and workflows throughout the system. It supports third-party integrations and partner-developed applications and was expanded to include tools for incorporating artificial intelligence and workflow automation. In February 2026, NetSuite introduced the NetSuite Integration Platform, a low-code tool created to automate complex business processes. The NetSuite AI Connector Service is an integration framework that allows external artificial intelligence systems, including large language models, to access and interact with NetSuite data and workflows. It uses the Model Context Protocol (MCP) to provide a standardized interface for data queries and actions within the system, subject to existing access controls.

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