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August 19, 2009 by

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CAL Business Solutions, Inc

NetSuite’s Math Problem


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Check out this interesting article by Jason Carter on LinkedIn called:  NetSuite's math problem....are customers paying them to use the software, or are they paying their customers?

Jason uses lots of figures and equations (sure to make a CFO’s heart go pitter pat) but bottom line is that his research shows that “NetSuite says for Q1 they added 240 customers at an ASP of $25,500 and that 65 of those customers paid over $100,000. The only way the math works is if the remaining 175 new customers on average paid NetSuite -$2,171 each.”

Interesting research Jason!

by CAL Business Solutions - Connecticut Microsoft Dynamics GP Partner

August 19, 2009 by

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CAL Business Solutions, Inc

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Posted in Accounting Software Research, Compare Accounting Software Packages | Comments Off on NetSuite’s Math Problem

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