# NetSuite CRM

> NetSuite is the world's first cloud ERP and CRM platform, founded in 1998 by Evan Goldberg and now owned by Oracle. Trusted by 43,000+ organizations across 220 countries, NetSuite unifies financials, CRM, e-commerce, HR, and supply chain in a single cloud-native suite — making it the go-to business operating system for companies scaling from startup to enterprise.

- **Founded:** 1998
- **Headquarters:** Austin, Texas, USA
- **Founders:** Evan Goldberg (Founder & Executive Vice President, Oracle NetSuite)
- **Team size:** Thousands of employees globally across Oracle NetSuite Global Business Unit
- **Products:** NetSuite ERP, NetSuite CRM, NetSuite E-Commerce (SuiteCommerce), NetSuite HCM & Payroll, NetSuite Analytics (SuiteAnalytics)
- **Notable:** First cloud computing software company — launched approximately one month before Salesforce in 1998, Acquired by Oracle for $9.3 billion in 2016 — one of the largest cloud software acquisitions of the decade, First company to trade on NYSE under a single-letter ticker symbol 'N' (2007 IPO)

## Products & services

- **NetSuite ERP** — Cloud-based enterprise resource planning covering financial management, accounting, procurement, inventory, and operations — the backbone product powering 43,000+ businesses globally.
- **NetSuite CRM** — Fully integrated customer relationship management with sales force automation, marketing automation, customer service, partner relationship management, and real-time dashboards — all natively connected to ERP data.
- **NetSuite E-Commerce (SuiteCommerce)** — Unified e-commerce platform connecting online storefront directly to inventory, fulfillment, and financials with no third-party sync required.
- **NetSuite HCM & Payroll** — Human capital management and payroll processing available in 160+ countries, cutting payroll processing times by up to 84% for enterprise clients.
- **NetSuite Analytics (SuiteAnalytics)** — Built-in business intelligence and analytics with AI-powered assistant, real-time dashboards, and role-specific reporting for finance, sales, and operations.
- **NetSuite Next (AI Platform)** — AI-first platform initiative featuring 'Ask Oracle' natural language queries, agentic workflows, Redwood UI redesign, AI Canvas for scenario planning, and generative AI embedded across all modules including bank reconciliation and close management.
- **SuiteCloud Developer Platform** — Developer ecosystem and SDK enabling partners and customers to build custom applications, integrations, and add-ons on top of NetSuite.

## Achievements

- First cloud computing software company — launched approximately one month before Salesforce in 1998
- Acquired by Oracle for $9.3 billion in 2016 — one of the largest cloud software acquisitions of the decade
- First company to trade on NYSE under a single-letter ticker symbol 'N' (2007 IPO)
- Reached $1 billion in quarterly revenue in Q4 FY2025 with 18% year-over-year growth
- 43,000+ customers across 220 countries and territories
- Recognized as #1 AI Cloud ERP platform
- Available in 160+ countries for payroll and HR operations
- Launched NetSuite Next AI-first platform with 'Ask Oracle' natural language business intelligence (2026)

## Latest updates

- **2026-03** — NetSuite 2026.1 released with AI-powered close management, generative AI bank reconciliation, new Redwood UI, and 'Ask Oracle' natural language assistant
- **2026-01** — NetSuite celebrates 2025 Partners of the Year including Deloitte (Global Alliance), RSM US LLP (Worldwide Solution Provider), and introduces new AI Innovation Award
- **2025-11** — NetSuite hits $1 billion in quarterly revenue in Q4 FY2025, representing 18% year-over-year growth
- **2025-09** — NetSuite Next AI platform initiative announced — agentic workflows, AI Canvas for scenario planning, and conversational AI embedded across all business modules
- **2025-06** — Q1 FY2026 revenue reaches $1 billion with 16% year-over-year growth; customer base surpasses 43,000 globally

## Links

- Website: https://www.netsuite.com
- LinkedIn: https://www.linkedin.com/company/netsuite
- Twitter/X: https://twitter.com/NetSuite
- GitHub: https://github.com/oracle/netsuite-suitecloud-sdk
- YouTube: https://www.youtube.com/user/netsuite
- Instagram: https://www.instagram.com/oraclenetsuite/
- Facebook: https://www.facebook.com/NetSuite/

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Profile page: https://yespress.io/netsuite-crm
Published by YesPress — https://yespress.io
Last updated: 2026-06-01