LONDON, September 13 /PRNewswire/ --

- New Project Management Functionality Delivers Better Controls and
Improved Efficiencies Throughout Project Management Lifecycle

NetSuite Inc., a vendor of on-demand, integrated business management
application suites that provide ERP (Enterprise Resource Planning), CRM
(Customer Relationship Management) and Ecommerce functionality for small and
medium-sized businesses and divisions of large companies, today announced
NetSuite Services Company Edition Version 2007.0. The new version is the 
12th generation of the NetSuite application suite and adds powerful project
management functionality, a key requirement for the professional services
industry. The new capabilities make it possible for consulting and
professional services companies to manage the entire project lifecycle --
their clients, projects, billing and entire business operations -- without 
the investment in multiple systems and complex, costly integrations. For more 
information about NetSuite Services Company Edition visit 
http://www.netsuite.com/services_edition.

(Logo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO)

Designed for project-based consulting and professional services
companies, NetSuite Services Company Edition allows for management of the
entire business cycle including:

-- project tracking and time budgeted and spent on project tasks
    -- backlog tracking and reporting
    -- analyzing and optimizing employees' workloads, efficiency and
       availability
    -- complex billing, invoicing
    -- estimating job profitability by comparing projected loaded labor cost
       against expected billings to automatically alerting project overruns,
       schedule delays, and variance in expected resources per project.

Through role-based dashboards, consultants, managers, and clients
themselves can actively track the status of projects and the tasks and
activities, leading to on-time, on-budget project success.

The new features of NetSuite Services Company Edition bring even more
powerful capabilities to consulting and professional services firms to manage
projects with better control and more efficiency including:

-- Project Revenue Forecasting
    -- Cost Allocation to Projects
    -- Contractor Self-Service Portal for Time Entry
    -- Improved Project Management And Flexible Project Profitability
       Reporting
    -- Time & Expense Custom Workflows and Routing
    -- Streamlined Time & Expense Entry

Services firms now have the tools they need to create visibility across
the organisation, drive efficiencies with a single system, and increase
customer satisfaction while promoting loyalty for increased growth and
sustainable profits.

Pricing and Availability

Available now, NetSuite Services Company Edition Version 2007.0 is priced
at 800 pounds sterling per month for the base suite.

About NetSuite

NetSuite Inc. is a leading vendor of on-demand, integrated business
management application suites for small and medium-sized businesses. NetSuite
enables companies to manage core key business operations in a single system,
which includes Enterprise Resource Planning (ERP), Customer Relationship
Management (CRM), and Ecommerce. NetSuite's patent-pending "real-time
dashboard" technology provides an easy-to-use view into up-to-date,
role-specific business information.

NOTE: NetSuite and the NetSuite logo are registered service-marks of
NetSuite, Inc. Other marks are the property of their respective owners.

Web site: http://www.netsuite.com