NetSuite Inc’s (NYSE:N) SuiteCommerce platform is a success


Dallas, Texas 11/07/2013 (Financialstrend) – The U.S. based technology company NetSuite Inc (NYSE:N) has recently stated that Australian based eWAY has chosen its SuitePayments program for providing payment options. eWAY is an international web payment gateway provider, which has deceided to leverage its services for better and higher payment options by using NetSuite’s platform.

eWAY will be benefiting from SuitePayments platform since it will provide better Ecommerce opportunities to various retail along with wholesale distributors. These distributors will be keen on the facilities of cloud-based business management suite for gaining better operational efficiency alongside providing more upclose relationship with online shoppers.

NetSuite founder and CEO Matt Bullock commented, “Time to go live to market is critical for any Ecommerce business and any delays can be costly. By combining our leading payment gateway with the NetSuite SuiteCommerce platform, customers now have a solution to turn on online payments within days instead of weeks.”

Moving on, the company’s SuiteCommerce platform has been receiving lot of praises lately, mainly by the recognized Forrester Research, Inc. that has rated the platform ‘strong performer’ in its latest report of B2B Commerce Suites, published last month.

NetSuite has been renowned for being the leader in cloud-based services like Enterprise Resource Planning (ERP) and omnichannel commerce software suites. Major standout features of SuiteCommerce platform cited by Forrester was that it’s the only multi-tenant SaaS solution evaluated, mainly meant for B2B and B2C customers. It also stated that, it was the only platform offering solutions with integrated ERP, CRM and commerce under one roof.

Besides, NetSuite’s another flagship ERP, OneWorld has been opted by global travel guidebook publisher Lonely Planet, substituting SAP R/3 4.7 and for its entire operations worldwide.

As more and more companies are moving to cloud computing to simplify business management and to facilitate with flexible IT operations round the clock, companies like NetSuite which expertise in offering such services will stand to in the long run.

The precious metals miner Alamos Gold Inc (NYSE:AGI) has been rated by various research firms with different opinions, but mostly weighing towards positive side.