Oracle

Integrated cloud applications and platform services

About the Company

Oracle Corporation is an American multinational computer technology corporation headquartered in Austin,

Texas.

In 2020, Oracle was the third-largest software company in the world by revenue and market capitalization.

The company sells database software and technology (particularly its own brands), cloud engineered
systems, and enterprise software products,such as enterprise resource planning (ERP) software, human
capital management (HCM) software, customer relationship management (CRM) software (also known
as customer experience), enterprise performance management (EPM) software, and supply chain
management (SCM) software.

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Products and Services

● Oracle designs, manufactures, and sells both software

and hardware products and offers services that
complement them (such as financing, training,
consulting, and hosting services). Many of the products
have been added to Oracle's portfolio through
acquisitions.
● Oracle's E-delivery service (Oracle Software Delivery
Cloud) provides generic downloadable Oracle software
and documentation.

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Features

● Reduces operations costs

● Uses a single database for all data types
● Offers multiple database support
● Provides superior scalability
● Provides a secure hybrid cloud environment

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What is Oracle NetSuite?

NetSuite is a software company that has developed a cloud-based business management platform
used by more than 33,000 fast-growing organizations across the globe. That platform consists of a
suite of applications that help companies run their business, understand the performance of their
businesses and drive major efficiency gains and cost savings.

NetSuite uses the software as a service (SaaS) model: Customers pay a subscription fee to access the
technology but are not responsible for any underlying infrastructure or system maintenance,
including purchasing and setting up servers, installing software or testing and deploying patches and
upgrades. Oracle NetSuite handles all of that for customers, with two new software updates per year.

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Features of Oracle NetSuite

● Order to cash
● Work flow management
● Audit trail visibility
● fixed asset roll forward
● Flexible Payment
● Integrated financial
acceptance
reporting
● Flexible depreciation
● Tax management
management
● Global Ready
● Procure to pay

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Elements of NetSuite

● Accounting and Financial Management

● Customer Relationship Management
● Warehouse and manufacturing
● Inventory Management
● Analytics and reporting

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Benefits of Oracle NetSuite

● Single solution for business

● Better decision making
● Multinational, multilingual, multi currency multi subsidiary
● Customisable
● Bi-Yearly upgrades
● Data security
● Scalability

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Pricing
Oracle NetSuite does not publish a fixed
price list on its website. It varies depending
on such factors as which product
configuration your company selects, the
add-on modules required, the total user
count, contract duration and specific
industry requirements. Monthly
subscription costs begin at $99, but the
total price will depend on the solution you
want. Implementing Oracle NetSuite may
cost even more, with some estimates in
the thousands of dollars.
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Due to its high price point, Oracle NetSuite is
likely not well suited for smaller businesses
with basic bookkeeping and invoicing needs.
Plans currently ranging from $15 to $42 per
month. However, if your business is growing
internationally and you anticipate needing an
ERP platform to manage everything, this can
be an excellent accounting solution that sets
you up for financial success as your company
grows.
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