San Mateo, CA (USA), September 2011 - NetSuite Inc., a provider of cloud-based financials / ERP software suites, has announced that thirteen North American university accounting programmes have made the move to the cloud by adopting NetSuite as a key component of their degree curricula.
The University of California at Los Angeles, the University of Toronto, and Arizona State University are among the institutions that have embraced NetSuite for many of the same reasons companies worldwide have switched from on-premise software to the NetSuite cloud. These include the desire to keep pace with 21st century business and computing trends, to avoid integration hassles, and to escape the vicious cycle of software upgrade and maintenance costs caused by on-premise software such as SAP, Microsoft Dynamics Great Plains, and QuickBooks.
The NetSuite cloud business solution is predominantly introduced in the third and fourth year of degree programmes, meaning that the next generation of managers, entrepreneurs, and business professionals can come to the job market with a stronger understanding of business operations and a clear understanding of the power of cloud computing.
Feedback from universities that have already included NetSuite in coursework indicates that the world's leading cloud business solution has enhanced the learning experience for students by providing more practical experience and a better understanding of process flows and revenue cycles throughout an entire organization. Because NetSuite is delivered through the cloud, it can be accessed from anywhere on campus, rather than being tied to a crowded computer lab that requires special IT attention.
"The NetSuite service provides students hands-on experience with an ERP system they can access outside the class lab. The cloud-based service allows students to work on NetSuite as much or as little as they choose, at times convenient for them, rather than being constrained by lab availability", says Professor Jerald M. Savin, FIMC, CMC, CPA, University of California, Los Angeles.
As demonstrated by the 2011 CODiE Award for Best Financial Management Solution, as well as a recent Gartner study naming NetSuite as the fastest-growing financial management systems vendor in the world, NetSuite has continued its success in delivering cloud business solutions to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud is accelerating.
