what is oracle netsuite

NetSuite is a cloud-based business management software developed by Oracle that helps organizations manage their financials, operations, and customer relationships. It offers features such as accounting, CRM, inventory management, e-commerce, and more, all in one platform. NetSuite is used by businesses of all sizes, from small startups to large enterprises, to streamline their processes and improve efficiency. NetSuite uses the software as a service (SaaS) model, where customers pay a subscription fee to access the technology but are not responsible for any underlying infrastructure or system maintenance. NetSuite ERP is an all-in-one cloud business management solution that helps organizations operate more effectively by automating core processes and providing real-time visibility into operational and financial performance. NetSuite is owned by Oracle, but it operates as a separate business unit within the company.