Microsoft partners Sable37 and Payfields merge to capitalise on Dynamics 365

The business software sector has experienced another round of consolidation, with Melbourne-based Sable37 acquiring a 50 percent stake in Payfields.

Sable37, which has regularly appeared in the CRN Fast50, specialises in cloud-based industry solutions, powered by Microsoft Dynamics 365.Payfields provides payroll and HR processing technology, also via Microsoft Dynamics 365.

Sable37 said the M&A play would help it continue promoting the benefits of Microsoft Dynamics 365.

“Payfields’ payroll technology enables Sable37 to streamline implementation, enhances product demand and provides easily configurable, reliable and robust payroll processing,” according to Sable37.

“Under the Sable37 umbrella, Payfields’ payroll solution will be called Xalari. The solution is currently localised for 12 countries in APAC, with plans to enter the US market in the third quarter of 2017.”

The Sable37-Payfields deal is the latest example of consolidation in the CRM and ERP space.

Last month, a merger was announced between Myriad IT and Fusion5, representing a marriage of Oracle and Microsoft. In December 2016, NetSuite partners Klugo and Outserve merged after two years of collaboration.

Sable37 managing director Martin Wildsmith said the company was delighted to take a stake in Payfields.

“The Payfields team has grown a fantastic business centred on business processes that are critical to most organisations around the world,” he said.

Payfields managing director Gideon Vos said the partnership would help the company promote its payroll and HR processing technology.