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 Sweetens SP100 Channel Partner Program with New Offers - Program adds SuiteStart Service to waive fees, provide free training and go-to-market support (NYSE: N)
NetSuite Sweetens SP100 Channel Partner Program with New Offers

 

NewswireToday - /newswire/ - San Mateo, CA, United States, 2011/03/07 - Program adds SuiteStart Service to waive fees, provide free training and go-to-market support (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 a host of new offerings to enhance the already successful NetSuite SP 100 Program launched last year. The NetSuite SP 100 Program is designed to enable channel businesses to reap immediate rewards from modern cloud-based solutions by offering aggressive 100% first-year margins with the industry's most financially rewarding reseller opportunities. The new offerings are called "NetSuite SuiteStart Service," which encompasses solution provider program fee waivers, free training, comprehensive go-to-market support and marketing resources, and lead generation support. The SuiteStart Service takes the existing NetSuite SP 100 Program a giant step forward to bring more value to channel businesses that cannot be matched by old legacy on-premise systems, such as Microsoft and Sage. For more information about the NetSuite SP 100 Program, please visit netsuite.com/sp100.

"Built on the success of NetSuite SP100, we decided to enhance the program by bringing more offerings to channel businesses," said Craig West, NetSuite VP of Channel Sales. "We listened to our partners and found new ways to make the offer more attractive through the addition of our SuiteStart Service."

Channel businesses frustrated by declining revenue streams and sagging demand for legacy on-premise systems can benefit from the sweetened NetSuite SP100 program. At the heart of the program is the option for channel partners to realize the entire year-one software subscription revenue, enabling them to quickly recoup costs of sale. NetSuite SP100 partners also enjoy a 10 percent margin on all renewals, establishing a lucrative, recurring revenue stream. Based on a channel survey conducted by NetSuite in 2010, the solution provider community emphasized the importance of channel enablement as a criterion when selecting new vendors. The SuiteStart Service was created with this feedback in mind.

The NetSuite SP100 program includes many of the key advantages previously available to qualifying channel partners, including commissions paid on customer collections. Most NetSuite customers prepay for service anywhere from one to three years in advance, meaning the revenue split for the entire period is available to partners as soon as it is paid. And NetSuite remains the only top-tier cloud computing ERP suite provider who pays channel partners for customer renewals, not just new sales. The key components of the expanded NetSuite SP100 program include:

• The option to realize 100 percent of a new customer's first-year revenue, with a 10 percent share of renewals in future years. New partners may also choose NetSuite's conventional revenue-sharing agreements while enjoying the other benefits of the SP100 program;
• The NetSuite SuiteStart Service, designed to give partners immediate mastery of the cloud, and a shorter horizon to initial customer wins;
• Waivers of first-year program enrollment fees for new channel partners (an immediate $5,000 value);
• Free first-year training in the NetSuite sales training and methodology courses for up to three sales reps;
• Comprehensive go-to-market support, including marketing templates, start-up leads, and access to ongoing leads for top-performing partners;
• A free NetSuite license for partners, in good standing, to use to operate their own business.

"NetSuite continues to innovate and attract the best partners with its comprehensive channel program, that only now gets better with the SuiteStart package," said Daniel Edwards, Partner at Ncompass Business Solutions. "NetSuite's enhancements to their program make it even easier for those organizations that have been cautious about the opportunities in the cloud to take the plunge and see immediate rewards."

"We have had our eye on the cloud computing space for some time, and with the newly added enhancements made by the NetSuite SuiteStart Service, I knew the time was now for us to make the move," said Bryan Majewski, Managing Partner at Baker Tilly. "Between the flexible revenue sharing and the comprehensive program support, we are confident we will be successful partnering with NetSuite."

"As a long-standing NetSuite partner we've seen the value of NetSuite's partner program consistently grow every year. The enhanced SP100 program is a perfect example of how NetSuite continually invests in and innovates with its channel programs," said Martin McNicoll, President at ERP Guru. "Between the outstanding channel program support and the world's most comprehensive cloud business suite, there isn't a better opportunity than NetSuite for new channel partners seeking to launch a cloud practice."

To join the NetSuite Channel conversation on Twitter, follow @NetSuiteChannel.

For more information about NetSuite, please visit netsuite.com/.

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

 
 
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 Sweetens SP100 Channel Partner Program with New Offers

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!

NetSuite, Inc. |
Publisher Contact: Mei Li - NetSuite.com 
650-627-1063 meili[.]netsuite.com
 
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:

LDiscovery Completes Acquisition of Kroll Ontrack
SYSPRO Opens a New Office in Nairobi, Kenya
Rocket Servergraph Professional Now Supports IBM i
JDA Solutions Selected by Coca-Cola FEMSA Mexico to Support its Innovative Supply Chain
CommutAir Leverages The Weather Company, an IBM Business, to Harness the Power of Big Data from the Tarmac
Leading Independent Research Firm Cites TIBCO as a Strong Performer in Insight Platform Report
Saba Named a Leader in Learning and Performance Management
Infor Recognized as Top Retail Software Provider in 2016 RIS News LeaderBoard
IBM Debuts Blockchain Ecosystem to Help Accelerate Growth of Networks on Hyperledger Fabric
Permanent TSB to Improve Contact Centre Performance and Compliance with Noble Systems Composer Real-Time Speech Analytics
Rush Health Selects InterSystems HealthShare to Integrate Health Records, Support Value-Based Care
IBM Launches New Bluemix Services with GitHub and Slack Integration to Speed App Development in the Cloud
Yellowfin Launches Analytics Industry’s First Virtualized Integrated Data Preparation Module
TIBCO Releases TIBCO Mashery Local API Management Solution for Hybrid Gateway Deployments
Comways and Altitude Highlight Flexible Solutions at Belgium Contact Center Congress

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 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 prtoday.com 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 (usatoday.com)