Free Site Registration


NetSuite to Acquire TribeHR

Print
Email
Reprints

NetSuite Inc. has entered into a definitive agreement to acquire human capital management solutions provider TribeHR, with the intent of creating an integrated cloud ERP and HCM software suite for small and midsized businesses.

The proposed acquisition is subject to customary closing conditions, the terms of which were not disclosed.

Founded in 2009, TribeHR is headquartered in Waterloo, Ontario and has more than 450 customers operating in more than 50 countries around the world. In 2013, TribeHR joined the NetSuite SuiteCloud Developer Network, created the TribeHR SuiteApp, and now has nearly 30 joint customers with NetSuite.

“TribeHR is a rare HR software solution that combines the rich traditional HCM capabilities needed to manage growing organizations with an engaging social interface that encourages employee involvement and collaboration,” said NetSuite chief executive Zach Nelson. “TribeHR’s engaging system of record for employee activity, together with NetSuite’s single system of record for core operational business data gives SMBs a modern, single system to run the core aspects of their business -- all with the scalability, flexibility and agility of the cloud.” 

0 Comments

Be the first to comment on this post using the section below.

Add Your Comments...

Already Registered?

If you have already registered to Accounting Today, please use the form below to login. When completed you will immeditely be directed to post a comment.

 

Advertisement

Accounting Technology

Advertisement

The Virtual Firm

November 7, 2013

Jennifer Katrulya, CEO of the Business Management Resource Group, discusses how to run an accounting practice from an iPad or other mobile device in a virtual environment, in an interview with managing editor Tamika Cody at Accounting Today's Growth & Profitability Summit in Orlando.

Social Media Tips for Professional Services Firms

October 9, 2013

Social media strategist Adrian Dayton and BeachFleischman PC chief marketing officer Eric Majchrzak discuss how accounting firms and other professional services firms can use LinkedIn, Google+ and other social networks to market their offerings to potential clients, and use search engine optimization to showcase their content, in an interview with Accounting Today senior editor Danielle Lee.

Top 10 Tech Trends for 2014

March 3, 2014

As companies gain more affordable access to new technology and platforms, they also seek to make smarter investments. As we begin 2014, James Cashin, partner at McGladrey, has identified ten common strategies in how companies are capitalizing on their IT investments to best implement process improvements and increase performance.