NETSUITE EARNS TRUSTE'S TRUST
Leverages NetSuite to Automate Revenue Recognition and Contract Renewals Process and More
SAN MATEO, Calif.—November 2, 2011 —NetSuite Inc.
(NYSE: N), the industry's leading provider of cloud-based financials /
ERP software suites, today announced that TRUSTe, an online privacy
solutions provider, has adopted the NetSuite enterprise cloud solution
for its business operations. Over 4,000 web properties including those
from top companies like Apple, AT&T, Disney, eBay, Facebook, HP,
Microsoft, Nationwide and Yelp rely on TRUSTe to ensure compliance with
evolving and complex privacy requirements. TRUSTe has eliminated
QuickBooks, salesforce.com and a tangle of spreadsheets and homegrown
applications in favor of NetSuite's cloud-based business management
software suite, trusting NetSuite for ERP, CRM, contract management,
revenue recognition, reporting and analytics.For more information on how technology companies run better on NetSuite, please visit
http://www.netsuite.com/portal/industries/software.shtml.
Based in San Francisco, TRUSTe offers a broad suite of privacy
services to help businesses build trust and increase engagement across
all of their online channels. As TRUSTe's business grew, it became
clear to the executive team that the company's existing software was
inefficient and cumbersome. With little integration between financials,
CRM and other systems, it was nearly impossible for their systems and
processes to efficiently manage sustainable growth.
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