Verb Technology Company Inc (VERB)

[nonewname1]

Quick question about how the revenue model works, specifically with Oracle.

Is the 10$ per month per person (named user) using notifiCRM or per each edition of netsuite

Global Organizations using NetSuite

2014 - 20,000
2016 - 30,000
2018 - 40,000

https://www.oracle.com/corporate/pressrelease/oracle-buys-netsuite-072816.html


Oracle sell 3 Editions of NetSuite:

Limited Edition: companies up to 10 named users and have less than 50 employees

Mid-Market Edition: companies between 11-1,000 named users

Enterprise Edition: companies over 1,000 named users

Pricing starts at $999/mo. for the Limited Edition.

NetSuite comes with standard features including CRM and ERP, but has a number of Advanced large modules that are additional. This is similar pricing model as SAP, Workday and other SaaS providers. Customers are used to paying more for new capability and can add notifiCRM for $10-$20.

Seems like it would have to be per named user but it would be nice if anyone has a definitive answer.