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For Sale: Netsuite And Acumatica Competitor-Cloud ERP - San Jose, Santa Clara County

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Current Status: Active     Posting #: 247023     Last Refreshed: 4/7/19     BRE License #: 01820673    
Contact: Rick Carlson At 833-776-6682 x786  -  Also Email This Contact Below
Price:  $5,000,000     Down:  $3,500,000     Adjusted Net:  Call     Revenue:  $600,000    
Business Address:  None Given     City:  San Jose     Zip:  95103    
Attributes:  Financial Assistance, Training & Support, Owner Financing     Cooperation With Brokers?  Yes

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  Description About This Posting: Netsuite And Acumatica Competitor-Cloud ERP
According to the United States Department of Trade, Small and Medium Sized Enterprises (SME's) are the backbone of the economy in the United States. In the US nearly half of the private work force (47.5%) is employed by a Small to Medium Sized Business.

Computer systems in combination with some type of enterprise software are now a staple in virtually all office and enterprise environments. Over the course of the past 20 years, large Corporations and a small number of SME's have been able to take advantage of a Software Suite known as an Enterprise Resource Planning system - all-in-one software that can manage data and processes all within a single platform, combining capabilities for:

*Accounting
*Inventory Management
*Order Management
*Customer Relationship Management (CRM)
*Human Resources Management

While early ERP systems were offered as only On-Premise deployment, for the majority of SME's this model was not attractive enough in pricing to justify its benefit. Additionally, ERP systems are challenging to configure, where still today almost all of the available solutions (Cloud or On-Premise) have been more tailored for large sized enterprises (typically Fortune 1000 Companies, and Companies near and above $300M in annual revenue).

This Company has created an ERP system which is a Software-as-a-Service (SaaS) Cloud-based end-to-end multi-tenant solution for an underserved SME marketplace with a focus on Wholesale Distribution. ERP software is the largest segment of Enterprise Software, and the Company's addressable market, Wholesale Distribution, is the largest sub-segment of this ERP market. With over 30 years of deep domain expertise in the SME market, and customers who have been using its legacy software for over 20 years, they offer an advanced Cloud solution for a market that they believe has only two real current competitors:

*NetSuite owned by Oracle, expensive, little flexibility on capabilities and price, focused on large enterprise

*Acumatica Lacking in features and functionality needed for wholesale distribution

With the emergence of the internet and much more efficient Cloud infrastructures, it is only a matter of time that a majority SME's will adopt an ERP solution and will only consider those which are Cloud based. In addition, NetSuite, as the Cloud ERP pioneer, has been able to prove success and verify market receptiveness to a Cloud ERP offering, while simultaneously leaving many SME's unfulfilled or left behind in their need for an effective, easy-to-use and adequately priced ERP system.

Overall, an ERP solution is inherently difficult to create, where in transitioning to the Cloud the software must be coded, designed and re-written from scratch, creating a very strong barrier to entry for a new market participant. The Company has spent 6+ years and nearly $7MM in creating this fully-integrated, end-to-end ERP software now ready for wide-scale roll out and implementation.

As generational business Owners and Users (Millennials) today perceive SaaS solutions as conventional, they are becoming less accustomed to On-Premise deployments and more accustomed to and comfortable with solutions based in the Cloud .This solution with the use of the most current technologies, a state-of-the-art Cloud infrastructure, and three decades of understanding ERP while gaining a deep acumen of the marketplace for wholesale distribution, offers an opportunity going into the future to gain a major portion of this SME market if not become the leader of Cloud-based ERP solutions for SME's.

The Company in 2016 began a Channel Development initiative, credentialing partnerships with many global firms and value added resellers in driving growth for the firm; insofar partnerships with a number of well-positioned firms on an international scale have been either established or are in progress.
NDA is required for comprehensive CIM and any other due diligence documents on file with us.

Detailed Information

Inventory:

Facilities:

Competition: Comprehensive package on file covers this, NDA is required.

Growth & Expansion: Comprehensive package on file covers this, NDA is required.

Financing: Ideal scenario is...

Support & Training: Two (2) weeks, ten (10) hours per week as needed.

Reason for Selling: Comprehensive package on file covers this, NDA is required.

Home-Based: This business is Home-Based

To get more information about this Netsuite And Acumatica Competitor-Cloud ERP business for sale in San Jose, Santa Clara County please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 x786 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #247023 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Netsuite And Acumatica Competitor-Cloud ERP, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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