Zone and Co acquires Infinet Cloud

Apart from expanding its geographic presence, Zone & Co also aims to improve its existing portfolio of NetSuite enhancing applications, Zone Apps, to also include payroll and HR capabilities alongside finance solutions. This way, the company is improving its ability to help the office of the CFO and adjacent teams work in a smarter, faster, and more secure way while adding platform value.

As part of the acquisition, Infinet Cloud’s global team, its three founding partners and existing clients, will migrate to Zone & Co. The two companies will eventually fully integrate their operations, a process that will likely finalise by the end of 2023.

In the official press release, Infinet Cloud representatives highlighted the shared values between the two companies, as well as the acquisition’s role in accelerating Infinet’s growth. They also talked about a growing trend among their customers to maximize their NetSuite investment and bring Accounting and Payroll functions together.

Officials from Zone & Co emphasised the closely connected nature of HR and finance and mentioned that the addition of Infinet Cloud's Payroll solutions to their portfolio makes sense for them and their customers.