NetSuite and Baker Tilly Partner to Launch New Cloud Computing Practice

SAN MATEO, Calif. and CHICAGO, Feb. 2, 2011 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of financials / ERP software suites, and Baker Tilly Virchow Krause, LLP (Baker Tilly), a full service accounting and advisory firm, today announced Baker Tilly has joined the NetSuite Solution Provider program as the catalyst of a new, Baker Tilly cloud computing consulting practice. Complementing Baker Tilly's existing strength and focus on management consulting, the new cloud computing practice will leverage Baker Tilly's solution and systems integration experience to provide both public and private companies with a range of customized accounting and regulatory compliance solutions powered by NetSuite's leading cloud computing applications for financials, enterprise resource planning (ERP) and customer relationship management (CRM). The initial go-to-market focus will be on the services industry and the wholesale/distribution vertical.

Baker Tilly is ranked the 13th largest accounting and consulting firm in the country according to the 2010 Accounting Today "Top 100 Firms." With 11 offices throughout the US, Baker Tilly has received numerous national and regional awards for its strong growth, solid financial position, and industry leadership.

Seeking to capitalize on emerging cloud solutions marketplace, and buoyed by early successes, Baker Tilly embarked on an extensive market research and evaluation project to ensure the right ERP cornerstone relationship was formed for their wholesale distribution and services industry practice. NetSuite was the clear choice. Joining with NetSuite also gives Baker Tilly immediate access to one of the world's most mature platform-as-a-service (PaaS) and access to sophisticated technological resources in cloud computing. NetSuite's PaaS allows Baker Tilly to deliver ERP solutions to clients in these industries with an eye on innovation and efficiency.

"Baker Tilly and NetSuite joining forces is the natural alliance of two strong, fast-growing leaders," said Craig West, VP of Channel Sales at NetSuite. "With NetSuite's cloud expertise and Baker Tilly's trusted accountants and consultants, our joint clients will be assured of superior guidance, insight, and operational capabilities."

"We understood we needed a proven vendor on both the technology and partnering fronts.  NetSuite uniquely fit the bill with their proven product leadership, beneficial partnering model and willingness to jointly go to market with us on multiple fronts," said Bryan Majewski, Managing Partner at Baker Tilly. "We couldn't be more excited about the prospects of combining NetSuite's products with Baker Tilly's clients and expertise for unprecedented levels of mutual customer success."

About Baker Tilly

With staff totaling more than 1,350, Baker Tilly provides a wide range of accounting and consulting services. It is headquartered in Chicago, Illinois, and is an independent member of Baker Tilly International, a worldwide network of 147 high quality, independent accounting and business advisory firms in 114 countries, with more than 26,000 professionals. The combined worldwide revenue of independent member firms exceeds $3.13 billion.

For more information about NetSuite, please visit www.netsuite.com.

NOTE: NetSuite and the NetSuite logo are registered service-marks of NetSuite Inc.

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SOURCE NetSuite Inc.