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SaaS Versus SaaS

SaaS Versus SaaS

by Rick Turoczy on August 18, 2006

If and when NetSuite becomes a public company, it will have to deal with what seems to be the bane of every public company these days: proving that its internal controls are up to Sarbanes-Oxley spec.

According to Employease co-founder Mike Seckler, that daunting prospect is one reason the leading HR solutions SaaS vendor is eschewing the public markets.

Ironic since the rigors of regulatory compliance has done quite a bit to bolster revenue growth at software companies like NetSuite and Employease.

Ironic also because, according to more than one observer, SOX has actually helped a lot of companies get their management acts together, generating greater efficiencies and improved productivity.

But after all their stock-option shenanigans, tech companies in particular have no kick coming. And the SEC is easing up on smaller companies, too.

SaaS Versus SaaS

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