Sub Navigation

NetReturn News 2005

2005 Press Releases

Commander buys a stake in integrated online applications distributor, NetReturn

SYDNEY, October 27, 2005 - NetReturn announced today that Commander Communications Limited (CDR) has purchased a stake in NetSuite distributor, NetReturn.

Commander’s position in NetReturn follows the recent investment in NetReturn by MYOB and adds to the momentum gained by NetSuite in Australia.

NetReturn is the exclusive distributor of the NetSuite range of integrated on-demand mid-market ERP, CRM and eCommerce solutions, in Australia and New Zealand. NetSuite is the global leader in providing hosted business management systems, with more than 5,000 customers worldwide. NetReturn recently placed number 11 on the BRW Fast 100 companies list of 2005.

"The agreement with Commander puts NetReturn, with our NetSuite product range, in the perfect position to bring the integrated Software as a Service (SaaS) model to mainstream Australasian business," said NetReturn chief executive officer, Stuart McLean. "We now have the final part of our partnership triangle in place. NetSuite is an online application. Commander is the information and communication technology specialist, and MYOB the leading financial software provider in the region. It is a win for all involved. The more you look at the deal, the more avenues for success you can see," said McLean.

Commander Managing Director, Adrian Coote stated, "NetSuite complements the Commander 360° communication proposition: this centralised network based application is a key initiative towards expanding our services portfolio. Commander already offers comprehensive communications solutions spanning voice, data, Internet, mobile and network products and services, and now we have the exclusive carrier rights to provide business critical online applications from NetSuite."

Commander recently purchased a majority interest in Personal Broadband Australia, who has deployed iBurst, a mobile wireless broadband service in Sydney, Melbourne, the Gold Coast, Brisbane and Canberra. Commander sees a natural match in the combination of network based applications such as CRM with broadband mobility access.

NetSuite competes strongly against mid-market systems such as Microsoft Great Plains, SAP Business One and Sage AccPac. NetSuite excels through offering complete front-office to back-office integration and by delivering lower total cost of ownership (TCO). As a hosted on-demand system, NetSuite eliminates the traditional time and cost of building and maintaining IT infrastructure.
With the relationship now in place, further detail will follow in coming weeks.

NetReturn is the sole Australian and New Zealand distributor of NetSuite, and Australia’s leading online service company.

On-demand applications drive successful business!

NetReturn and many users of their NetSuite product, make the BRW Fast 100 List.

SYDNEY, October 14, 2005 - NetReturn, exclusive Australian and New Zealand distributor of NetSuite, announced today that it had placed number eleven on the BRW Fast 100 companies list. NetReturn make their first appearance on the BRW Fast 100 List with an annual growth rate of 161.6%.

The BRW Fast 100 List is topped by systems integrators and fellow NetSuite users, The Ethan Group. A number of other companies on the Fast 100 list, including third ranked Atlassian Software Systems, are also users of NetSuite.

NetSuite is the world's leading integrated online application for growing businesses. Combining front and back office applications with advanced eCommerce functionality, NetSuite takes the pain out of business.

"Just making the BRW Fast 100 list is fantastic," said NetReturn chief executive officer, Stuart McLean. "However the success that NetReturn is showing is purely a reflection of how smart businesses are embracing NetSuite and the value of integrated online applications. The benefits are just too big to ignore."

Businesses using NetSuite, can concentrate on their core business, without being distracted by IT issues. The fact that BRW Fast 100 List members The Ethan Group, Atlassian Software Systems and NetReturn are in the IT industry really hammers home the benefits of NetSuite.

"If companies in IT realise that managing, maintaining and integrating applications is not cost effective and even detrimental to business, then NetSuite should be a no-brainer for other markets," said McLean.

Even Microsoft and Seibel have admitted that integrating applications is harder than it looks:

"We had a bit of a learning curve on how to get them integrated. It turned out to be a little more complicated than I might have anticipated." Steve Ballmer, Microsoft chief executive officer.

And from Seibel:

"Businesses are no longer interested in connecting standalone applications and want integrated suites from a single vendor," said Seibel founder and chairman Tom Siebel describing his reasons for accepting the Oracle takeover of Siebel.

"NetSuite is all about making it simpler to manage a business - better," added McLean, "Our latest product release makes it easier to communicate with internal colleagues and external clients, customers and suppliers. We've even combined the world's most popular desktop productivity tools with the world's leading business management application to give customers the equivalent of one tool-kit to meet their business management, communication, and analysis needs."

NetReturn is the sole Australian and New Zealand distributor of NetSuite, and Australia’s leading online service company.

MYOB Strengthens Mid-Market Position by Investing in NetReturn

MYOB Limited (ASX: MYO) has invested in and entered a strategic relationship with NetReturn to further strengthen its position as a supplier to medium-sized businesses in Australia and New Zealand . The relationship builds on MYOB’s leadership position in the delivery of innovative business management systems for small-medium businesses and accountants.

NetReturn is the exclusive distributor of the NetSuite range of integrated on-demand mid-market ERP, CRM and eCommerce solutions, in Australia and New Zealand . NetSuite is the global leader in providing hosted business management systems, with more than 7,500 customers worldwide.

MYOB Chief Executive Officer, Craig Winkler stated, “We’re excited to forge this relationship, as we have complementary offerings and great opportunities together. In partnership we will deliver an outstanding scalable mid-market solution for fast growing Australasian businesses.”

NetReturn CEO, Mason Little, added “We believe that there is a lot to gain for both companies from this relationship. MYOB is investing in the future of integrated hosted applications, a market led by NetSuite. For NetReturn this alliance will take NetSuite to a whole new level in Australasia . Gaining the support of MYOB and expanding our distribution channels will bring the integrated ASP model into mainstream Australasian business.”

NetReturn has a rapidly growing customer base in Australia and New Zealand . The company forecasts revenue of more than A$7 million for the year ending 30 June 2005 and is expected to become profitable in the 2006 financial year. MYOB’s investment is A$7 million for 35 percent of the equity in NetReturn. MYOB has an option to acquire the remaining equity in NetReturn in either 2007 or 2008.

MYOB CEO, Craig Winkler continued, “As businesses grow, their needs change. Through this partnership we can provide an excellent solution for businesses challenged by multiple branches, a desire for integrated applications including eCommerce and for any mid-sized business that wants to focus on their business, not their IT infrastructure.”

In a recent report the Yankee Group did a complete costing comparison of a 20 user site, comparing an implementation using NetSuite versus an implementation using a Sage ERP system and a Sage CRM system. Over the five year analysis period Yankee reported that NetSuite delivered a TCO which was less than half of the Sage cost. This equates to savings of A$318/month/user over five years.

NetSuite becomes MYOB’s preferred mid-range ASP business management and CRM solution. MYOB will work with its professional partners and accounting practice clients to build awareness of NetSuite and an understanding of its suitability to their clients.

With the relationship now in place, further detail will follow in coming weeks.

NetReturn is the sole Australian and New Zealand distributor of NetSuite, and Australia’s leading online service company.

Great Growth continues for NetReturn

Online business application provider NetSuite has continued its strong growth in the Australian marketplace through their sole distributor NetReturn, by increasing total customer numbers by more than 45% in the March quarter of this year.

New customers include, Nationwide Antenna Systems, leading marine company Haines Suzuki Marine Pty Ltd and online educational provider Open University Australia among others.

This customer increase comes on top of 60% increase in customer numbers in the December quarter of last year.

"The great continuing growth rates and the range of companies, both in size and industry, subscribing to NetSuite is a real testament to NetSuite and the acceptance of integrated hosted applications. It really is a simple decision for businesses once they look at NetSuite. Why would anyone want to manage and maintain their own software? Let the vendor do that," said Stuart McLean, executive director, NetReturn.

NetSuite is the worlds leading integrated online business application. Running on an Oracle database, NetSuite is robust, reliable and scalable and combines ERP, CRM, eCommerce, inventory, and financial information into one integrated hosted application. Built for the SME market, customers can choose which applications they want, such as NetCRM or NetERP or select the complete NetSuite business application. NetSuite customers get real-time visibility into their business operations and the ability to integrate data that other competitive applications cannot provide. Additionally, by hosting their critical business data in a highly secured hosted environment NetSuite provides a solution to the security risks currently facing many businesses.

With anytime, anywhere Web access, the award-winning NetSuite service is the first and only multi-user and multi-location business management tool available on-demand. NetSuite Inc is majority owned by Larry Ellison (Oracle).

The growth in customer numbers is reflected in increasing staff numbers at NetReturn with the company adding sales and professional service staff to handle the extra demand.

"We have added staff to our three offices in Australia and just signed partnership agreements with two of New Zealand’s largest and best technology companies so I don't expect these growth figures to be one off events. We will be able to continue our strong growth trends for the foreseeable future. Additionally we have just introduced increased service level agreements (SLA's) for our customers which really hammers home the difference between traditional, client-server software - where offering up-time guarantees is impossible and our hosted NetSuite applications," said McLean

The SLA’s also distance NetSuite from most hosted application vendors who only offer a "best endeavours" agreement - which really means very little. With NetSuite's SLA’s customers will be guaranteed service or their subscription cost will be refunded.

NetReturn is the sole Australian and New Zealand distributor of NetSuite, and Australia’s leading online service company.