NetSuite, Inc. (San Mateo, Calif.), provider of on-demand business management software for small and mid-sized businesses, unveiled a set of translation and multi-language capabilities to accommodate the needs of businesses with employees and customers in multiple countries. Languages available in this release are traditional Chinese, Japanese, Spanish, German and French. Simplified Chinese will be available before year end.
The company also introduced a new, flexible tax engine and corresponding financial reporting capabilities to allow businesses to configure NetSuite applications for local and international financial reporting standards (IFRS), as well as unique local tax requirements, for compliance in any country.
Businesses of all sizes are benefiting from the ability to establish operations around the globe for maximum cost efficiency and business advantage. NetSuite's architecture as an Internet based integrated business application has always allowed organizations to run their business from anywhere on the globe. In addition, NetSuite has long had the ability to transact business in any currency, including Web site transactions. With these new language capabilities, businesses can now support their workers and customers in their local language. The new tax capabilities also give organizations the capability to address local sales and statutory requirements.
For more information about the NetSuite multi-language, multi-tax capabilities, please visit NetSuite, Inc.
Source: NetSuite, Inc.