More Than 1,000 Companies Switch to NetSuite From QuickBooks

August 18, 2004 - (HostReview.com) - NetSuite, Inc., today announced that more than 1,000 companies have switched from QuickBooks to NetSuite since the company's first product launch in 1999. With the new NetSuite Small Business announced today (see the accompanying press release), more businesses outgrowing QuickBooks will be able to use the enhanced migration wizard to easily and seamlessly switch to NetSuite Small Business. For more information about how to switch from QuickBooks to NetSuite Small Business, please go to www.netsuite.com/qbdefectors.

"QuickBooks couldn't grow with our business," said Preston Poulter, Vice President of The Poulter Company (www.poultercompany.com), a Dallas, Texas-based flooring products manufacturer and distributor. "The fact that we had multiple physical locations made QuickBooks limiting. With NetSuite, I'm able to monitor what's going on better. It's allowing us to continue working in our Mac environment, compare what one branch is doing versus another branch, and consolidate taxes and the balance sheet, which we weren't able to do previously."

"In less than a day, the NetSuite team took our existing QuickBooks files and loaded them into NetSuite," said Dean Mitchell, Partner of Projector Doctor (www.projectordoctor.com), a projector repair business based in San Diego, Calif. "And NetSuite's robust inventory management functionality eliminated our redundant Excel spreadsheets. Now we're not only able to find everything, but also track where components are in the repair process of a given job."

"When I first bought EnergyFirst, I inherited a business with QuickBooks and two Microsoft Access '97 databases -- one for phone orders and another for Internet orders. It was a disaster," said Gerry Morton, President and CEO of NutriScience Corp. and EnergyFirst (www.energyfirst.com), a nutrition products company based in Hermosa Beach, Calif. "It was hard enough getting customer data under one roof to mine it efficiently, not to mention the fact that QuickBooks didn't integrate with Access. With NetSuite, we save $25,000 a year through reduced administrative expenses alone. What's more, NetSuite's advanced marketing functionality has increased our revenue substantially."

NetSuite enables companies to manage all key business operations in a single, integrated system, which includes customer relationship management; order management and fulfillment; inventory management; finance; ecommerce and Web site management; and employee productivity. NetSuite is delivered as an on-demand service, so there is no hardware to procure, no large, up-front license fee, and no complex set-ups. Finally, NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into role-specific business information that is always up-to-date. For more information about NetSuite, visit: www.netsuite.com.