Fair Trade International Trades Legacy Processes For NetSuite Cloud

GlobalNon-Profit Selects NetSuite OneWorld to Manage Complex International Supply ChainAcross a Network of 6,500 Distinct Organizations

LONDONand SAN MATEO, Calif. — December 5, 2011 — NetSuite Inc. (NYSE: N), the industry’s leading provider of cloud-basedfinancials / ERP softwaresuites,today announced that Fairtrade International, the international non-profit thattackles poverty and injustice through trade, is implementing NetSuite OneWorld, the firstand only cloud-based system to deliver real-time globalbusiness management to enterprises with multinational and multi-subsidiaryoperations. Fairtrade is rolling out NetSuite OneWorld to manage and drivegrowth throughout its enormous network that encompasses over 6,500 distinct organizationsglobally, connecting producers, exporters, farmers, processors, labeling initiativesand finance partners.

Based in Bonn, Germany, Fairtrade International (FLO) is aninternationally recognized non-profit organization that works to secure fairertrade terms so that farmers and workers in developing countries can invest in abetter future for themselves and their communities. Its 25 member globalorganization helps producers in developing countries arrange better tradingconditions and promote sustainability. With nearly 3,000 licensees around theworld selling Fairtrade products in over 70 countries, global sales ofFairtrade products soared by 27 percent in 2010 to an estimated retail value of£4.36bn. Brands bearing the Fairtrade mark include: Ben and Jerry’s, Starbucks,Cadbury/Kraft Foods, Sainsbury’s, and more.

Fairtrade’s legacy systems and processes hampered their rapid globalgrowth. Prior to NetSuite they relied on a cumbersome and complex set of legacyand paper-based processes to manage their thousands of internationalrelationships across farmers, workers and brands, while manual spreadsheetbased human resource processes reduced employee productivity. With NetSuiteOneWorld, Fairtrade will develop the capability to run its complex globalbusiness operations efficiently, drive strong relationships across its globalnetwork, ensure alignment of supply with demand, and ensure transparency todrive grants revenue:

Drives Global Operations across Currencies and Geographies. With headquarters based in Bonn, Germany, Fairtrade is leveraging the power of the NetSuite cloud to support its distributed employees across the world streamlining employee management and self-service processes.

Powers One-to-One Relationships with 6,500+ Organizations Worldwide. With NetSuite OneWorld, Fairtrade will manage relationships with over 6,500 unique organizations across its network globally. The unified view of each entity will eliminate wasted effort, enabling Fairtrade and its multiple member organization to deal with similarly complex international brands on a truly one-to-one basis.

Transparency that Drives Grants Revenue and Track Compliance: NetSuite's comprehensive analytics will improve the transparency and accuracy of Fairtrade's reporting—a vital tool in acquiring and maintaining grants from private and public charities and foundations. NetSuite OneWorld's comprehensive, integrated enterprise solution will make it possible for Fairtrade to accurately tally and report the supply of product to member branding organizations, and track compliance with its standards throughout the sourcing and retailing process.

Efficiently Aligns Producers with Demand. NetSuite OneWorld will provide Fairtrade with faster and more accurate matching of global supply with product demand, making it easier for Fairtrade to pair demand for Fairtrade-certified product with guaranteed supply from Southern Hemisphere growers and workers delivering through the Fairtrade system.

NetSuite's highly customizable cloud computing platform iswell-suited to the needs of organizations changing the world. Leading fairtrade companies like Guayaki and Salt Spring Coffee are reaping the benefits ofNetSuite, that includes managing inventory, accounting, internationalconsolidation, reporting, real-time analytics, and low-cost, reliableoperations. Leading nonprofits like Kiva and the National Runaway Switchboardleverage NetSuite's flexible reporting and powerful analytics tools, making iteasy for non-profit enterprises to evaluate the social impact of theiroperations, alongside conventional notions such as operating margin and cashflow. Through NetSuite’s corporate citizenship activities—NetSuite.org—NetSuite actively supports both nonprofits and social enterprisesin using NetSuite effectively to help change the world.

Today, more than 10,000 companies and subsidiaries depend onNetSuite to run complex, mission-critical business processes globally in thecloud. Since its inception in 1998, NetSuite has established itself as theleading provider of enterprise-class cloud ERP suites for divisions of largeenterprises and mid-sized organizations seeking to upgrade their antiquatedclient/server ERP systems. NetSuite excels at streamlining business operations,as demonstrated by the 2011 CODiE Award for Best Financial Management Solution,as well as a recent Gartner study naming NetSuite as the fastest growingfinancial management systems vendor in the world. NetSuite has continued itssuccess in delivering the best cloud business suites to businesses around theworld, enabling them to lower IT costs significantly while increasingproductivity, as the global adoption of the cloud is accelerating.

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

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