20 Dec 2006
NetSuite has added new human resources functionality to its suite of on-demand applications.
The Employee Resource Management (ERM) capability is intended to automate common employee tasks such as submitting expense reports and requesting purchases. Managers can approve requests through a customisable workflow process.
NetSuite cited a recent Forrester Research report that suggested that HR has the highest rate of adoption of any application at companies piloting on-demand software.
The new year should be a busy one for NetSuite because the company, owned by Oracle chief executive Larry Ellison, plans to float in the first half of 2007.
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