SAN MATEO, Calif., Sept. 9, 2015 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced a partnership with Celergo, a leading international payroll management company managing local, offshore and expatriate payrolls in over 150 countries, to add Celergo's cloud-based global payroll management solution to the NetSuite cloud-based business management platform. The integrated solution, the Celergo Global Payroll SuiteApp, built using NetSuite's SuiteCloud Development Platform, combines the strengths of the two companies, enabling global businesses to seamlessly manage business processes, spanning financials and customer relationship management (CRM) and complex global payrolls.
Many multinational companies today confront inconsistent global processes due to standalone systems and third-party payroll providers, creating inefficiencies, hampering growth and limiting visibility into the global workforce. The partnership addressing global payroll requirements helps these global companies tackle the challenges of managing a global workforce and complements NetSuite's strong momentum in the market for payroll, including the release of its next-generation Premier Payroll service and its recent partnership with Ultimate Software.
Celergo supplies people, process and cloud technology to streamline global payroll and enable clients to access and review payroll data in real-time. Key features and benefits of the joint solution include:
- Global Payroll Management—Create a single system of record for global employee populations including local, offshore and expatriate employees. Manage gross-to-net and net-to-gross payroll calculations in a single system, allowing multinational organizations a flexible, richly functional business platform to rapidly expand into new international markets and quickly address the complexities of local, offshore and expatriate payrolls. NetSuite and Celergo are enabling data synchronization between the systems.
- Global Payroll Compliance—Improve accuracy and compliance through standardizing data, while complying with all payroll policies, including monthly and year-end tax processes.
- Flexible Cloud Platform—Easily expand global business operations with NetSuite and Celergo cloud solutions, with capabilities to process payroll in over 150 countries.
"Celergo has proven expertise in managing extremely complex payroll processes and addressing the legal, currency, and language differences across nations," said Joseph Fung, NetSuite Vice President of HCM Products. "Celergo is an ideal complement to NetSuite for companies that are expanding globally or need to simplify their international operations."
"The challenges involved in global growth are many, from paying local and expatriate employees to managing global financial consolidation and multi-currency transactions," said Timothy Callahan, CEO at Celergo. "We see multiple synergies between Celergo and NetSuite with the real value of having all financial, payroll and HR information in a single shared platform to improve efficiency and accuracy while reducing cost and risk."
Today, more than 24,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-ready cloud business management suites of enterprise resource planning (ERP), customer relationship management (CRM), and ecommerce applications for businesses of all sizes. Many FORTUNE 100 companies rely on NetSuite to accelerate innovation and business transformation. NetSuite continues its success in delivering the best cloud business management suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud accelerates.
About the Celergo Global Payroll SuiteApp The Celergo Global Payroll SuiteApp, an integrated solution of Celergo's Global Payroll solution and NetSuite, built on the NetSuite SuiteCloud Computing Platform, has achieved "Built for NetSuite" verification. Built for NetSuite is a program for NetSuite SuiteCloud Developer Network (SDN) partners that provides them with information, resources, and a method to verify that their applications and integrations, built using the NetSuite SuiteCloud Computing Platform, meet the latest NetSuite standards and best practices. The 'Built for NetSuite' program is designed to give NetSuite customers additional confidence that SuiteApps have been built to meet these standards.
About Celergo Celergo is a leading provider of International Payroll Management Services, supporting global companies with solutions to meet their payroll needs in 140+ countries. We built core expertise in managing some of the most complicated payrolls, in the most complex business environments around the world. We solve your business issues by providing solutions to enable organizations to apply better fiscal controls and obtain greater visibility into global payroll processes. Our experienced, multi-lingual staff are dedicated to delivering high-quality service from our Global Service Centers of Excellence in Chicago, Budapest, and Singapore. Celergo is compliant with Safe Harbor, OFAC, FCPA, BCP, Data Privacy and SSAE16 policies and practices. To learn more about Celergo, visit www.celergo.com.
For more information about NetSuite, please visit www.netsuite.com.
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SOURCE NetSuite Inc.