Article
Payroll Operations

Infinet Launches Cloud Payroll At Business Cloud

Zone & Co acquired Infinet Cloud in May 2023. Please be aware that any prior mentions of Infinet Cloud, including the content below, now pertain to the unified entity. Infinet Cloud Solutions, specialist providers and developers of cloud-based business solutions, today announced the availability of the Infinet Cloud Payroll SuiteApp on the NetSuite (NYSE: N) SuiteCloud computing platform, for Australian and New Zealand businesses looking to streamline payroll services. Built on NetSuite's SuiteCloud development platform, the new Infinet Cloud Payroll SuiteApp requires no external integration to provide a complete and seamless payroll solution. The result is a simple, highly featured payroll system enriched by NetSuite's core functionality.

Zone & Co
Tagged In
8 min read
November 15, 2011

Zone & Co acquired Infinet Cloud in May 2023. Please be aware that any prior mentions of Infinet Cloud, including the content below, now pertain to the unified entity.

New SuiteApp Streamlines Payroll Processes for Businesses in Australia and New Zealand

Sydney, November 15, 2011— Infinet Cloud Solutions, specialist providers and developers of cloud-based business solutions, today announced the availability of the Infinet Cloud Payroll SuiteApp on the NetSuite (NYSE: N) SuiteCloud computing platform, for Australian and New Zealand businesses looking to streamline payroll services. Built on NetSuite's SuiteCloud development platform, the new Infinet Cloud Payroll SuiteApp requires no external integration to provide a complete and seamless payroll solution. The result is a simple, highly featured payroll system enriched by NetSuite's core functionality.

NetSuite's SuiteCloud is a comprehensive offering of cloud-based products, development tools, and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. The complete SuiteCloud offering includes NetSuite's multi-tenant, always-on SaaS infrastructure; the NetSuite Business Suite of applications for Accounting/ERP, CRM and Ecommerce; and comprehensive development tools to create on-demand business applications on top of NetSuite.

"The NetSuite SuiteCloud Platform offered Infinet Cloud Solutions an unrivaled foundation to build a payroll solution, offering both HCM (Human Capital Management) and ERP (Enterprise Resource Planning), along with a full user, role and permission model," said Fraser Selfe, Managing Director at Infinet Cloud Solutions. "This, combined with NetSuite's flexible customization and scripting capability, was fundamental to the quality of the solution."

Working With NetSuite

The Infinet Cloud Payroll SuiteApp provides all the functionality Australian and New Zealand companies need to fulfill their payroll responsibilities; from tax (ATO and IRD) and superannuation calculations through to employee payment and leave accrual. Its flexible configuration allows easy management of employee pay complexities such as allowances, bonuses, deductions, salary sacrifice, expenses and salary packaging. Pay runs are completed using a step-based process allowing time entry and ad hoc additions, the resulting PDF payslips are then generated and distributed automatically.

Added to the payroll benefits is a fully integrated leave management system enabling employees to view their available leave, including forecasting, which allows the business to track their liability as well as staffing levels. Approved or statutory leave is automatically processed as part of the pay run ensuring accurate and reportable data.

The Infinet Cloud Payroll SuiteApp is also fully compatible with NetSuite OneWorld, enabling multi-subsidiary companies to segment their payroll activities and configuration, whilst still benefiting from individual or consolidated financial reports.

By developing on SuiteCloud, Infinet Cloud Solutions was able to leverage many of NetSuite's core features, most notably: customizable search and reporting, time integration, and the ability to allow external system integration through the SuiteTalk Soap API. These advanced features represent a significant competitive edge in the payroll market.

Infinet Cloud Solution's approach in delivering bespoke and localized functionality adds significant value to our customers in Australia and New Zealand, said Guido Haarmans, Vice President of Developer Programs and Business Development at NetSuite. "Their implementation underscores the benefits of the SuiteCloud development platform, allowing partners to complete the total solution natively on NetSuite.

About SuiteCloud

NetSuite's SuiteCloud is a comprehensive offering of cloud-based products, development tools and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. Based on NetSuite, the world's most widely used cloud computing business management suite, SuiteCloud enables customers to run their core business operations in the cloud, and software developers to target new markets quickly with newly-created mission-critical applications built on top of mature and proven business processes. The complete SuiteCloud offering includes NetSuite's multi-tenant, always-on SaaS infrastructure; the NetSuite Business Suite of applications (Accounting/ERP, CRM and Ecommerce); the NS-BOS Development Platform; the SuiteCloud Developer Network (SDN), a comprehensive developer program for Independent Software Vendors (ISVs); and SuiteApp.com, a single-source online marketplace where customers can find applications to meet specific business process or industry-specific needs. For more information on SuiteCloud, please visit http://www.netsuite.com/developers.

About Infinet Cloud Solutions

Infinet Cloud Solutions Pty Ltd is an Australian company specializing in cloud-based solutions for the APAC market. They have a highly experienced team of developers and payroll specialists and are also members of the ATO's Software Developers Consultative Group (SDCG).

For more information about Infinet, please visit ww.infinetcloud.com or follow Infinet's blog.

Manage Stripe payments directly in NetSuite
Effortless approvals that let you get back to work
Make accounts payable less painful for everyone
Scale your billing and revenue without limitations
New call-to-action
Book your ZoneReporting demo today!
Simplify your HR finance operations in NetSuite

More from Software

Articles
News

Zone & Co Unveils the Zone Knowledge Center to Enhance Customer Experience

BOSTON, AMSTERDAM, and SYDNEY, Sept. 7, 2023 /PRNewswire/ -- Zone & Co, a leading provider of cloud-native finance, accounting, and payroll operations platform, introduced the Zone Knowledge Center, an innovative resource designed to elevate customer autonomy and interaction with their suite of Zone Apps.

Read More
arrow
Payroll Operations

Bureaus, Third-Party and Zone & Co: The True Cost of Payroll for NetSuite

Managing payroll is a crucial task for every business, yet a recent study from Bloomberg showed that up to 63% of growing businesses in the US underestimated how long they were spending on payroll admin, with many having little to no knowledge of the time spent internally on each stage of the payroll process.

Read More
arrow
Zone

GUEST POST | Embrace the Future: Why Companies Shouldn't Fear Automation Projects in Finance Operations

By Martin Kalkuhl

Read More
arrow
faqs
Does ZoneReconcile integrate directly with my bank/card provider?
FAQs are this way
Are all reconciliations made automatically?
FAQs are this way
Can ZoneReconcile manage multiple subsidiaries, currencies, and countries in NetSuite?
FAQs are this way