Netbooks

About Netbooks

NetBooks provides a web-based, integrated business management and accounting software suite tailored for small businesses, particularly those in the retail and manufacturing sectors with 2 to 25 employees. The company emerged to address a market gap where comprehensive, all-in-one business management systems were typically accessible only to larger corporations. The platform was conceived to offer a full suite of interconnected applications to run a small business from a single system at an affordable price point.

The service operates on a Software-as-a-Service (SaaS) model, with revenue generated through monthly subscriptions. In 2007, the pricing was structured at $200 per month for up to five users, with an additional $20 per month for each extra seat, a fee that included training, support, and all product updates. The target client is a product-based business that needs to manage inventory, rather than service-based consultancies. NetBooks positions itself as a more accessible alternative to higher-end competitors like NetSuite and a more feature-rich option compared to basic bookkeeping software like QuickBooks Online.

The NetBooks platform integrates several core business functions. Its bookkeeping system creates and tracks invoices and purchase orders, while its sales management tools allow for assigning customers to sales reps, scheduling tasks, and summarizing customer histories. A significant feature is its inventory management capability, which enables users to view, adjust, and transfer inventory across multiple warehouses and track both purchased and manufactured goods. The system also supports customer and vendor management, credit card processing through a provider of the user's choice, and payroll capabilities via a partnership with PayCycle. Although it initially lacked integrated e-commerce features, it could import transactions from web stores. The entire system is web-based, requiring only an internet connection and a supported browser, thus eliminating the need for client-side network infrastructure.