Oracle NetSuite launches subscription metrics tool for SaaS companies

LAS VEGAS - Oracle NetSuite, a division of Oracle Corporation (NYSE: ORCL) - a prominent player in the software industry with annual revenue of $59 billion and healthy growth of 9.7% - introduced NetSuite Subscription Metrics on Tuesday, a new solution designed to give finance leaders at subscription-based businesses a unified view of financial and operational performance.

The tool, available at no additional cost to existing NetSuite customers, combines customer data, subscription information, and revenue forecasting in a single dashboard with industry-standard SaaS metrics and AI-driven insights. According to InvestingPro analysis, Oracle’s stock is currently trading above its Fair Value, reflecting strong market confidence in its cloud and subscription-based solutions.

The solution includes features such as MRR/ARR growth tracking, roll-forward reporting, cohort analysis heatmaps, and support for multi-national companies through constant currency standardization. It aims to help CFOs and CROs better monitor business performance and identify growth opportunities.

"With Subscription Metrics, we’re giving CFOs and CROs out-of-the-box metrics, actionable AI-generated narratives, multi-national reporting, and insightful visualizations in a unified dashboard," said Evan Goldberg, founder and executive vice president of Oracle NetSuite, in the press release.

The company stated that 77% of the Forbes Cloud 100 companies currently use NetSuite to support their growth.

While the core functionality is available immediately, Oracle NetSuite indicated that AI-generated narrative summaries will be rolled out within the next 12 months.

The solution is targeted at businesses across various growth stages, from pre-revenue startups to global enterprises processing millions of transactions with complex revenue streams, according to the company’s announcement.

In other recent news, Oracle has introduced new AI agents within its Fusion Cloud Applications aimed at enhancing customer experience operations. These role-based AI agents are designed to automate workflows and analyze data to improve customer relationships. Additionally, Chomps, a meat snack brand, has expanded its retail presence to over 30,000 locations in the United States by implementing Oracle NetSuite’s business management suite. This move aims to streamline Chomps’ financial processes and support its growth infrastructure.

Furthermore, Mizuho has reiterated its Outperform rating on Oracle, maintaining a price target of $350.00. The firm views Oracle’s upcoming Financial Analyst Day as a significant opportunity to highlight the company’s long-term AI growth potential. KeyBanc Capital Markets also reiterated its Overweight rating on Oracle with the same price target, focusing on Oracle’s cloud infrastructure investments. These developments reflect Oracle’s ongoing initiatives to strengthen its market position and drive revenue growth.

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