Thursday 25 May 2023

Massachusetts, US-based finance operations software provider Zone & Co has acquired Australian Netsuite Partner Infinet Cloud, a development house specialising in international Payroll & Employee Centric solutions, the company said.

Terms of the transaction were not disclosed.

With the acquisition, Zone expands its portfolio of 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.

The move expands Zone's geographic footprint across the United Kingdom, Australia, New Zealand and Canada, and bolsters its existing portfolio of NetSuite enhancing applications -- Zone Apps -- to now include Payroll and HR capabilities alongside its finance solutions.

Zone & Co is a provider of cloud-native software solutions built on the Oracle NetSuite platform.

Infinet Cloud is a global provider of International payroll and employee-centric solutions. Australia-based and an Oracle NetSuite partner, its cloud-native apps help customers across 10 countries streamline payroll & leave management, and automate journal creation, seamlessly in NetSuite.