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NetSuite, Inc., that large on-demand vendor of integrated business management application suites for small- and medium-sized businesses, went revamping this week with the launch of NetSuite 2007.0.

The new NetSuite is touted for “a myriad of new features that make automating complex operations and processes simpler for growing and mid-sized businesses.” The foci, say the NetSuitees, are on three functional areas:

? ERP, or as NetSuite insists, “Easy ERP.” The new NetSuite includes virtual assistants for multi-dimensional product configuration and transactional form layout in the hopes that ERP will become deployable by “mere mortals.”

? Global CRM and “partner relationship management” (or – you guessed it – PRM). Orders, forecasts, quotas and commissions can now be managed on a per-country basis in local currency.

? Suite analytics. NetSuite 2007.0 adds new business intelligence capabilities including detailed scorecards, and incorporation of “Excel-like custom formulas.”

NetSuite 2007.0 is available in the standard NetSuite service, with no additional charge and will be rolled out to customers from June to August. NetSuite starts at $499 per month and $99 for each user per month.