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NetLedger

NetLedger was a cloud-based accounting and business management platform introduced in the late 1990s. Targeted at small and midsize businesses, it provided online financial management, invoicing, accounts payable and receivable, general ledger, and financial reporting, with early CRM and e-commerce capabilities. It was notable for delivering a hosted, multi-tenant solution accessible through a web browser.

NetLedger, Inc. developed the platform as one of the first software-as-a-service offerings for accounting and back-office

Over time, the product line and corporate branding evolved. The NetLedger offering was expanded and rebranded

In 2016, Oracle Corporation announced an acquisition of NetSuite for approximately $9.3 billion, integrating NetSuite as

NetLedger's early entry helped shape the market for cloud-based accounting and ERP software for small to midsize

operations.
By
eliminating
the
need
for
on-premises
servers
and
complex
installations,
it
aimed
to
simplify
deployment
and
maintenance
for
SMBs.
The
service
was
hosted
remotely,
with
updates
and
security
managed
by
the
provider.
into
NetSuite,
broadening
into
a
full
ERP
suite,
including
inventory
and
order
management,
production
planning,
customer
relationship
management,
e-commerce,
and
advanced
reporting.
The
expansion
positioned
NetSuite
as
a
leading
cloud-based
ERP
platform
for
growing
businesses.
a
cloud
ERP
solution
within
Oracle's
cloud
business.
The
NetLedger
branding
was
phased
out
as
the
product
operated
under
the
NetSuite
name
within
Oracle.
enterprises.