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HCM Companies Targeting Growing And Mid-sized Businesses Join The NetSuite Cloud

SAN JOSE, Calif., May 15, 2013 /PRNewswire/ -- /NETSUITE SUITEWORLD 2013/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, today announced the expansion of the SuiteCloud partner ecosystem, unifying the industry's #1 cloud ERP suite with leading Human Capital Management (HCM) solutions that target growing and mid-sized businesses. The partnerships with Ascentis, CloudPay, Dell Boomi, Insperity, Meta4, NOVAtime, SilkRoad, TransCard and TribeHR, through the SuiteCloud Developer Network, enrich the NetSuite cloud ERP suite with best-of-breed solutions from leading HCM software vendors and cloud integration providers, used by more than 100,000 organizations around the world to manage millions of employees across the full employee lifecycle, from hire to retire.

The next-generation HCM solutions from Ascentis, CloudPay, Dell Boomi, NOVAtime, SilkRoad, TransCard and TribeHR are "Built for NetSuite," a new program for 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 new NetSuite standards and best practices of development defined and documented for the SuiteCloud development platform. The Built for NetSuite program is designed to give NetSuite customers additional confidence that SuiteApps have been built to meet these standards. For more information about "Built for NetSuite," please go to www.netsuite.com/BuiltforNetSuite.

Through these partnerships, NetSuite and HCM ISVs deliver a single system of record with advanced HR functionality for streamlined recruiting and onboarding, performance and career development, employee and manager self-service, global payroll, benefits administration, compensation and incentive management, learning management, succession planning, workforce management, social collaboration and social media integration, and more, spanning the HR spectrum. multi-currency, multilingual capabilities in several of the partner solutions align with the NetSuite OneWorld global business management application to support world-class HR management on a global scale across dozens of countries.

The integration of HCM and ERP in the cloud delivers a host of benefits including eliminating manual data entry across disparate systems to reduce time, costs and the risk of error, and allowing companies to maximize their workforce and achieve the scalability and efficiency in onboarding and talent development that are critical for fast-growing companies. Bi-directional data synchronization between NetSuite and partner solutions ensures real-time visibility into key workforce dynamics and metrics while improving HR's productivity and employee morale. These partnerships address a growing need to eliminate data silos and streamline HR processes by linking HCM capabilities natively to back-office finance functionality. Rich workforce planning and analytics atop the NetSuite platform enable organizations to align HR processes with business objectives, improve personnel performance and build a superior HR practice.

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