Proformative Expands Strategic Alliance With NetSuite

Growing Collaboration Focuses on Educating Finance and Accounting Professionals About Cloud Technology


SAN JOSE, CA--(Marketwire - September 23, 2010) -  Proformative, The Resource for corporate finance, accounting, and treasury professionals today announced the firm has expanded its strategic partnership with NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based accounting / ERP software suites.

The broader relationship is aimed to better serve the needs of both companies' constituencies with regard to learning about and leveraging Cloud and Software-as-a-Service (SaaS) technology in the areas of accounting/ERP systems and complex revenue recognition management.

"Proformative is excited to expand its partnership with the industry's leading cloud computing software vendor," said John Kogan, CEO of Proformative. "NetSuite clearly shares our strong commitment to serving the corporate finance and accounting functions, and we look forward to continued success in delivering great value to our members."

In addition to continuing its role in Proformative's Cloud Computing and SaaS and Revenue Recognition events, NetSuite will also serve as a primary sponsor for the Ask the Experts feature in Proformative's online community that offers members the opportunity to ask in-depth questions of subject matter experts.

"Proformative has filled a void in the industry by taking a leadership position in the education of finance and accounting professionals regarding emerging technology," said David Downing, NetSuite's CMO, "and we've enjoyed great success in building business partnerships as a result of our relationship. We look forward to a continuing association that delivers high quality educational events and resources that offer meaningful ROI to these professionals."

More information on Proformative's Cloud Computing and SaaS programs and the Revenue Recognition programs can be found at Cloud Computing and SaaS | Ask. Share. Get Work Done.™.

About Proformative
Proformative (www.proformative.com) is a free and open resource and community dedicated exclusively to serving the needs of corporate finance, accounting, treasury, and related professionals. Founded in 2009 in Silicon Valley, Proformative is community-driven and delivers a productive, 'noise-free' environment for its members. Proformative's members find free resources and a community of their peers that enable them to learn and get work done.

About NetSuite Inc.
NetSuite Inc. is the industry's leading provider of cloud-based financials/ERP software suites. NetSuite enables companies to manage core key business operations in a single system, which includes ERP, accounting, customer relationship management and Ecommerce. NetSuite's "real-time dashboard" technology provides an easy-to-use view into up-to-date, role-specific business information. For more information about NetSuite Inc., visit www.netsuite.com.

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