NetSuite Inc., one of the industry’s leading provider of cloud-based financials / ERP and omnichannel commerce software suites, announced an agreement with Dun & Bradstreet (NYSE: DNB) to provide NetSuite customers direct access from within its cloud-based business management suite to relevant B2B data drawn from the world’s largest commercial database.
Having easy access to a combination of NetSuite real-time transactional data, complemented with Dun & Bradstreet’s B2B commercial data, will empower NetSuite customers with a rich set of trustworthy insights to inform better, faster decision making across finance, procurement, sales, marketing and more. Also under its alliance with Dun & Bradstreet, NetSuite plans to build a new SuiteApp on its SuiteCloud development platform that will provide the necessary bridge between NetSuite and Dun & Bradstreet to seamlessly integrate the two data sources. Through the SuiteApp, NetSuite users will have the opportunity to access Dun & Bradstreet information for data-driven decision making that helps organizations grow stronger relationships, generate greater business value and reduce business risk.
Accurate and relevant data is the lifeblood of all global organizations, better enabling them to run their businesses optimally and intelligently while adapting to upcoming market and industry changes and disruptions. For the first time, NetSuite customers will be able to easily and directly access commercial information from Dun & Bradstreet’s database, which consists of more than 240 million company records derived from 30,000 data sources around the world and which is updated five million times a day. NetSuite customers will be able to derive insight from Dun & Bradstreet data to not only use as the basis for key decision making but also to discover, research and compare new global opportunities – whether for new customers, partners or suppliers. The combination of NetSuite and Dun & Bradstreet data enabled by the SuiteApp will also help customers better manage risk and improve data quality across their entire operations.
The new NetSuite and Dun & Bradstreet alliance will deliver to NetSuite customers the option of having hands-on access to real-time Dun & Bradstreet data directly through NetSuite, empowering users in retail, manufacturing, distribution, technology, energy, government and other industries with insights for a variety of use cases including:
NetSuite’s SuiteCloud is a comprehensive offering of cloud-based products, development tools and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. Based on NetSuite, the industry’s leading provider of cloud-based financials / ERP software suites, SuiteCloud enables customers to run their core business operations in the cloud, and software developers to target new markets quickly with newly created mission-critical applications built on top of mature and proven business processes.
Today, approximately 24,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-class cloud ERP suites for divisions of large enterprises and mid-sized organizations seeking to upgrade their antiquated client/server ERP systems. NetSuite continues its success in delivering the best cloud ERP/financial suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud accelerates.
Source: D&B Press Release.