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NetSuite Inc. is an American cloud-based enterprise software company that provides products and services tailored for small and medium-sized businesses (SMBs) including accounting and financial management, customer relationship management, inventory management, human capital management, payroll, procurement, project management and e-commerce software.
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Commercial, Proprietary. Website. www .oracle .com /applications /erp /. Oracle Cloud Enterprise Resource Planning is a cloud -based ERP software application suite introduced by Oracle Corporation in 2012. [2] Oracle ERP Cloud manages enterprise functions including accounting, financial management, project management, and procurement. [3]
On July 28, 2016, Oracle bought NetSuite, the first cloud company, for $9.3 billion. NetSuite provides cloud ERP, CRM, supply chain and e-commerce software to small and medium-sized businesses. It is regarded as the first fully cloud company in the world and is an industry leader in its own right. Platform as a Service (PaaS)
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ERP provides an integrated and continuously updated view of the core business processes using common databases maintained by a database management system. ERP systems track business resources—cash, raw materials, production capacity —and the status of business commitments: orders, purchase orders, and payroll.
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