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November 10, 2009

NetSuite OneWorld Wins 'Enterprise Accounting Software of the Year' in Sift Media's Software Satisfaction Awards

By Patrick Barnard, Senior Web Editor, TMCnet

Business software users in the UK have voted NetSuite (News - Alert) OneWorld as the “Enterprise Accounting Software of the year” in Sift Media's Software Satisfaction Awards 2009.

Sift Media's Software Satisfaction Awards are given based on votes from buyers and end-users of business software applications in the UK. This year more than 8,100 votes were cast across all categories, with participants evaluating products against four criteria: ease of use, functionality, reliability and value for money.

This is the second year that CRM solutions provider NetSuite has had success in the Software Satisfaction Awards – it won two CRM awards in 2008.

In a release, Zach Nelson (News - Alert), CEO of NetSuite, said the award is “a fantastic accolade and testament to our work on the OneWorld product. We'd like to extend our thanks to our UK customers for their continued recognition and support.”

NetSuite OneWorld delivers real-time global business management and financial consolidation to mid-sized enterprises with multinational and multi-subsidiary operations. It allows companies to manage multiple subsidiaries, business units and legal entities all from a single NetSuite account.

The solution seamlessly handles different currencies, taxation rules, and reporting requirements. Because the software is cloud-based, that means it is fast and easy to deploy and requires little to no up-front investment in new equipment, infrastructure or on-premises software licenses.

NetSuite OneWorld has been accredited by the Institute of Chartered Accountants in England & Wales (ICAEW) -- and is also the first SaaS (News - Alert)-based ERP solution to be accredited by the German Institute of Auditors.

CRM solutions provider NetSuite made news recently when it announced that partner InsideView’s social intelligence software had been integrated with NetSuite’s cloud-based CRM software.

InsideView for NetSuite,” the two companies claim, is “the first social intelligence application to bring social media to both CRM and ERP, optimizing core business processes that are essential to driving the success or failure of every business.”

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