PR Newswire
23 Aug 2023, 09:07 GMT+10
![]() |
With the acquisition, Zone strategically expands its rapidly growing portfolio of apps - Zone Apps - with international payroll and related business productivity solutions, further advancing its vision to deliver end-to-end software that simplifies and automates critical financial data and workflows across business entities.
BOSTON and AMSTERDAM and SYDNEY, Aug. 23, 2023 /PRNewswire/ -- Zone & Co, an Oracle NetSuite SuiteCloud Developer Network partner that specializes in cloud-native, financial services software, has acquired Infinet Cloud, another NetSuite SuiteCloud Developer Network partner that specializes in the development of international payroll and employee services software.
The move expands Zone's geographic footprint across the United Kingdom, Australia, New Zealand, and Canada, and bolsters its existing portfolio of Zone Apps to now include payroll and HR capabilities alongside its finance solutions. This will further advance its ability to help the office of the CFO and adjacent teams work smarter, faster, and more securely while maximizing platform value.
"HR and finance are closely connected by nature. The addition of Infinet Cloud's highly sought-after payroll solutions to our portfolio, therefore, makes a lot of sense for us and our customers," said Thomas Kim, CEO at Zone & Co. "By combining these fin-ops and adjacent automation needs, Zone helps customers get the most out of their NetSuite environments and support growth."
Anton Selfe, General Manager at Infinet Cloud, adds: "Joining Zone & Co - a company with the same beginnings, values, and ethos - is the perfect opportunity for us to accelerate our ambitious plans. In recent years we have seen rapid growth in our markets (Australia, New Zealand, and the United Kingdom), with more and more customers wanting to bring accounting and payroll functions together. This, combined with the upcoming rollout of Canadian Payroll, presents an awesome opportunity that we can now realize to its full potential under the Zone Apps umbrella."
Infinet Cloud's global team, it's three founding partners, and existing clients, will migrate to Zone & Co as part of the acquisition. The integration of both companies will take a phased approach and is expected to be completed before the end of 2023.
About Zone & Co
Zone & Co is a leading provider of cloud-native software solutions and an Oracle NetSuite SuiteCloud Developer partner. Developed by and for finance and accounting professionals, its portfolio of apps - Zone Apps - simplifies and automates critical financial data and workflows across business entities. Delivered as software-as-a-service (SaaS), it includes solutions for complex billing & revenue recognition, advanced reporting, AP automation, payments, reconciliations, and approvals that help over 1,500+ customers worldwide work smarter, faster, and more securely while maximizing platform value. For more information, please visit: www.zoneandco.com or follow us on LinkedIn: linkedin.com/company/zoneandco.
About Infinet Cloud
Infinet Cloud is a global provider of international payroll and employee-centric solutions. Australia-based and an Oracle NetSuite SuiteCloud Developer Network partner, its cloud-native apps help customers across 10 countries streamline payroll & leave management and automate journal creation.
PR Communications Contact:
Rozanne Bonavito, [email protected]
Logo - https://mma.prnasia.com/media2/2067133/Zone_co_on_light_Logo.jpg?p=medium600
Get a daily dose of Singapore Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Singapore Star.
More InformationBATAM, Indonesia: Due to mounting geopolitical tensions and protests against China's activities in the South China Sea, ASEAN member nations ...
FREMONT, California: This week, brain-chip startup Neuralink, owned by billionaire Tesla CEO Elon Musk, said an independent review board granted ...
BOSTON, Massachusetts: Officials said that a Delta flight from Chicago to Boston that was possibly struck by lightning landed safely ...
JAKARTA, Indonesia: An Indonesian court sentenced Lina Lutfiawati, also known as Lina Mukherjee, to two years in prison this week ...
HONG KONG: The Chinese Foreign Ministry has issued a request to all foreign consulates in Hong Kong, seeking the personal ...
MARTIN COUNTY, Florida: An Amazon driver making a delivery to a Florida home this week was bitten by a rattlesnake ...
HANOI, Vietnam: While the European Union (EU) is set to impose tariffs on its Chinese rivals, Vietnamese electric vehicle (EV) ...
BEIJING, China: In a country where weddings are traditionally grand and expensive events, China's wedding industry, estimated at some US$500 ...
PARIS, France: Amid the imminent launch of the iPhone 15, unions representing Apple store workers in France have called for ...
SEATTLE, Washington: To expand its next-day delivery services for shoppers, Amazon said it plans to hire 250,000 more U.S. workers ...
NEW YORK, New York - U.S. stocks weakened on Friday as U.S. Treasury yields continued to point higher while some ...
DUBAI, UAE - The bustling real estate market in Dubai has surged to unprecedented heights, reporting transactions valued at over ...