NetSuite, Inc. announced a partnership with Celergo, 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 to 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 to improve accuracy and compliance through standardizing data, while complying with all payroll policies, including monthly and year-end tax processes. Flexible Cloud Platform that 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.”