NetSuite to compete with SAP in Germany

SAP is still developing its long-promised SaaS ERP application, Business ByDesign. Meanwhile, NetSuite has achieved a certification of German Institute of Auditors that will help company to do business in Germany and comply with tough financial reporting standards. NetSuite has exploited the delayed release of SAP's Business ByDesign by offering SAP customers discounts on its NetSuite OneWorld software. Dubbing the campaign  "Business ByNetSuite," it promised to halve the annual bills of SAP customers running R/3 releases if they switched to NetSuite. In April,  NetSuite extended its Suite Cloud offering to SAP customers, targeting NetSuite OneWorld at subsidiaries of companies running SAP at their headquarters and offering packaged integrations to tie it into their SAP back-end system.