SAN FRANCISCO, May 15, 2012 /PRNewswire/ -- NetSuite SuiteWorld 2012 -- NetSuite Inc. (N), the industry's leading provider of cloud-based financials / ERP software suites, today announced that leading technology innovators have embraced the NetSuite "Commerce as a Service" (CaaS) initiative and the new NetSuite SuiteCommerce platform, delivering next-generation commerce solutions and integrations that enrich the platform with valued-added functionality such as social ratings, reviews and conversations, social CRM, product data and image syndication, personalized product recommendations, rich media management, mobile device payments, and credit card payment processing. NetSuite "Commerce as a Service" (CaaS) enables businesses to manage their interactions with other businesses and directly with consumers via a cloud platform that delivers a desired customer experience, via any current device, directly on the core NetSuite ERP/CRM business management application. At the heart of CaaS is NetSuite SuiteCommerce, a new commerce-aware platform that provides a central system to manage all transactions with consumers and other businesses regardless of touchpoint (website, smart phone, tablet, or social media site).
These landmark partnerships between NetSuite and disruptive technology providers that are helping reshape commerce, such as Square, Stripe, Acquia, Bazaarvoice, GoDataFeed, MyBuys, Shotfarm and Velaro, strengthen the CaaS initiative and the SuiteCommerce platform, which combines a state-of-the-art Web storefront with a central system to manage all B2C and B2B transactions across any touchpoint, including websites, smartphones, tablets, social media and physical point of sale (POS). Operating directly on the core NetSuite ERP/CRM business management application, SuiteCommerce is designed to address the limitations and complexity of first-generation commerce systems to enable merchants to streamline business processes, build relationships with built-in marketing tools and immerse customers in a richly interactive and intuitive shopping experience.