PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: NetSuite, Inc.

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Netsuite Powers Business Transformation for Media Publishing Companies - More than 300 media publishing and creative services companies run NetSuite (NYSE: N)
Netsuite Powers Business Transformation for Media Publishing Companies


NewswireToday - /newswire/ - San Mateo, CA, United States, 2010/10/26 - More than 300 media publishing and creative services companies run NetSuite (NYSE: N). NYSE: N; ORCL

Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


NetSuite, Inc., the industry's leading provider of cloud-based financials / ERP software suites, today announced that a growing number of media publishing companies have successfully transformed their business models and streamlined key business processes with NetSuite, the world's leading cloud-based ERP solution.

NetSuite ( has established itself as the clear thought leader in helping new media and traditional media publishers optimize processes to address changing market dynamics. The company's cloud software provides solutions that address the needs of 21st century media enterprises, including better management of the advertisement buying and renewal process, simplification of insertion order management, improvement of campaign ID management, and access to better business intelligence. For more information on NetSuite for Media Publishing, please visit

The profitability of media and publishing companies has been under fire unlike no other vertical market since the dawn of the Information Age. The rules of mass media, broadcasting, and niche publishing alike have been rewritten time and again by Web browsers, streaming video, personal media devices and social networking. Revenue and profitability models once considered timeless and unassailable have disintegrated, leaving many old-world media companies struggling for survival and new entrants grasping for sustainable sources of income. NetSuite has helped some of the leading companies in the new media transformation grow their businesses by encapsulating the newest and best strategies for the emerging new communication economy, giving them a clear, trusted, and reliable source for profitable business practices.

With NetSuite's cloud solution, media companies large and small can quickly and effectively manage their transition to the tools and techniques required for survival in the hyper-competitive market for information. Media companies can easily tailor NetSuite to streamline complex insertion order management, simplify invoicing and collection practices, provide superior ROI tracking on a campaign-by-campaign basis, and deliver accurate, real-time reporting on campaign status, impressions, and forecasts. Because NetSuite delivers all the advantages of the world's leading cloud ERP suite, companies can slash back-office overhead, reduce processing times, and cut IT expenditures.

"Media companies must grow and evolve at a fast pace that only the cloud can support," said Mini Peiris, VP of Product Marketing at NetSuite. "NetSuite gives media publishing enterprises the capabilities they need to survive and thrive in the most challenging environment since Gutenberg pressed his first page."

Media and publishing companies already enjoying success with NetSuite include:

• Gawker Media (, based in New York, NY, is one of the world's most successful and influential online media publishers with eight blogs attracting over 20 million readers every month. By adopting NetSuite OneWorld, Gawker Media has been able to streamline the end-to-end insertion order management process which is key for growing any media company. The result enables Gawker to create a competitive advantage by reducing the complexity of doing business with its strategic advertisers. In addition, Gawker has gained the flexibility to efficiently manage multiple revenue recognition schedules across complex multi-line item insertion orders, resulting from Gawker's success booking large scale brand name advertisers and campaigns. They've retired inefficient, risky and error-prone spreadsheet based revenue recognition that limited scaling the business. Finally, Gawker now has clear real time, monthly, quarterly and detailed visibility into sales that's necessary to drive and predict the business performance.

"We'd predicted 2009 would be a down year," says Scott Kidder, Gawker manager of finance and business development. "But we ended up with significant year-over-year growth. A good part of that success comes from our ability to refine our advertising sales processes through improved operations efficiency thanks to NetSuite."

• Digg (, based in San Francisco, CA, operates the world's leading social news website, where users gather to discover, share, and curate online content. As Digg has grown and refined its sales model, it has become directly engaged with some of the world's largest advertising agencies. The logistical challenges and fast-paced, high-stakes demands of the advertising industry threatened Digg's growth and profitability. NetSuite gives Digg the enterprise architecture necessary to support its business model. Billing and customer processing times are down 75 percent and resulted in headcount savings. "NetSuite delivers ROI by enabling us to better react to our customers and work in real-time from anywhere," said Jim Heinzen, Digg's senior director of accounting. "Agencies don't care if you have delays because your systems aren't integrated. They want what they want, when they want it, and NetSuite enables us to respond in a timely fashion."

• Torstar Digital ( is the digital division of broad-based media conglomerate Torstar Corporation (TSX: TS-B). Its businesses include the Star Media Group led by the Toronto Star, Canada's largest daily newspaper, and digital properties including,,, Workopolis and Olive Canada Network; Metroland Media Group, publishers of community and daily newspapers in Ontario; and Harlequin Enterprises, a leading global publisher of women's fiction. "NetSuite gives us a single, unified environment so everyone involved in touching the customer has the same view—and for us, that's a very big advantage," said Jeff Sherman, VP of Finance and Operations, Torstar Digital. "Having a system that can grow with us is essential. Adding new businesses and models with NetSuite is simple."

• Curbed Media ( a New York-based network of blogs providing neighborhood news in New York City, Los Angeles, and San Francisco. "As a startup, we wanted something that could scale and be a building block for all our business systems of the future, and NetSuite will provide us that," said Josh Albertson, General Manager of "Also, it's great that NetSuite can be customized to deal with issues specific to our industry, such as online advertising inventory."

Other NetSuite for Media and Publishing adopters include Ziff Davis, The Onion, and C-Span Archives.

NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

[Content made possible by PRZOOM indexing services]

Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


Written by / Agency / Source: NetSuite, Inc.


Availability: All Regions (Including Int'l)


Traffic Booster: [/] Quick Newswire Today Visibility Checker


Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

# # #
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!

  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!

Netsuite Powers Business Transformation for Media Publishing Companies

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Publisher Contact: Mei Li - 
650-627-1063 meili[.]
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any NetSuite, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Read Latest Articles From NetSuite, Inc. / Company Profile

Read Software Most Recent Related Newswires:

SKRAW-MET Selects Infor to Manage Increasing Production Demands
Belfast Waterfront Named 2016 Site of the Year by Kentico
Aspect Software Combats the Mobile Fraud Challenge At the Cards & Payments Summit 2017
SIX Leverages IBM Watson for Cognitive Security Operations Center
Europris Drives Centralized Store Planning with JDA Across More than 240 Stores
Warmington Properties, Inc. Selects Yardi Property and Investment Management Solutions
Visionet Announces Enhanced Web Services for its Uniform Closing Dataset (UCD) Solution
Rexel Puts Spark into Customer Service with Infor M3
Acceleware Announces Successful Phase One RF XL Field Test
Yellowfin to Launch 7.3+ Analytics Platform in Global Webinar Series
Pegasystems Launches Pega Service Ventures to Invest in Next Generation Digital Transformation and Customer Engagement Start-ups
Oracle Utilities Launches Smart Grid and IoT Device Management Solution in the Cloud
Zendesk Makes Significant Investment in France with Move to Station F Paris and New Offices in Montpellier
Teradata Debuts Open Source Kylo™ to Quickly Build, Manage Data Pipelines
Luit Infotech Introduces A Completely Responsive Business Applications Suite LuitBiz

Boost Your Social Network
& Crowdfunding Campaigns

NewswireToday Celebrates 10 Years in Business




  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (