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Patersons and NetSuite Partner to bring Cloud-Based Payroll Management Solution to Global Businesses

Dec 5, 2011 

RALEIGH, N.C. and SALISBURY, U.K. (December 5, 2011) – Patersons, a leader in cloud-based global payroll delivery providing expert solutions to customers in more than 160 countries, today announced that it has partnered with NetSuite (NYSE: N), the industry’s leading provider of cloud-based financials and enterprise resource planning (ERP) software suites, to bring cloud-based payroll management to global businesses running on NetSuite OneWorld. The offering can help NetSuite clients centralize and streamline their complex, business critical payroll administrative processes across their global operations. Supporting multi-currency and multi-lingual environments, the complementary cloud-based solutions offer businesses accurate, real-time visibility and access to HR, financial and payroll data and processes.

NetSuite OneWorld has already established itself as the world's most deployed cloud-based ERP solution globally for managing the needs of complex, mission-critical business processes. NetSuite's leadership has been recognized by the 2011 CODiE Award for Best Financial Management Solution, as well as recent Gartner studies that have named NetSuite as one of the fastest growing financial management system vendors in markets across the world. NetSuite OneWorld raises the bar for high-end ERP solutions by addressing user requests, improving performance and introducing sophisticated new features.

Patersons CloudPay platform is a fully multi-tenanted payroll solution that adapts to customer requirements and supports integration with existing on-premise and cloud-based enterprise technologies and solutions.CloudPay uses workflow and standardized processes to provide efficient and effective global payroll management to customers in over 160 countries, and in 20 different languages. It adheres to ISO27001, SSAE 16 and ISAE 3402 standards, enables permission-based secure Web access to all payroll data, and easily scales to meet the needs of Fortune 2000 companies. CloudPay customers include Siemens, Education First and Henderson Global Investors.

“Like NetSuite, Patersons has long been a Cloud visionary and has developed a strong reputation for providing integrated payroll services in the cloud,” said Craig Sullivan, VP & GM, International for NetSuite. “Through the combination of NetSuite OneWorld and CloudPay, global businesses can benefit from higher efficiency, greater visibility and reduced costs across their entire business operation, no matter where in the world that might be.”

Andrew Pearson, CEO of Patersons, commented, “Our focus is on bringing the most comprehensive cloud-based payroll solutions to multi-national organizations. Creating alliances with industry leaders such as NetSuite benefits our mutual customers, opens additional revenue opportunities and is strategic to our company’s growth.”

Additional information about Patersons’ technology partner network is available at: http://www.patersons.com/technology-partners.

About Patersons

Patersons is a leader in cloud-based global payroll delivery providing expert solutions to customers in more than 160 countries. Patersons CloudPay platform combines our global payroll engine, our payroll provider partner network, workflow, analytics and managed services in a secure and compliant service that is delivered using an on-demand, SaaS-based business model. This allows organizations to consolidate and control their multi-national payroll operations using one platform. The results are increased fiscal control, streamlined processes, better visibility, increased compliance, reduced risks and reduced costs. For more information about Patersons, please visit www.patersons.com.

Media Contact

Jeanne Achille
The Devon Group
New York Metro Office: +1 (732) 706-0123, ext. 11
London Office: +44 (0)207 917 1832
jeanne@devonpr.com


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