CloudPay Enhances Global Payroll with Workday Integration
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CloudPay Innovates Payroll Solutions with Workday Collaboration
CloudPay, a frontrunner in global payroll and payment solutions, has recently strengthened its offerings by introducing the Global Payroll Connect solution in collaboration with Workday, Inc. (NASDAQ: WDAY). This innovative integration promises to deliver a comprehensive and efficient global payroll experience, positioning customers to benefit from a seamless and expert-driven solution in the marketplace.
History of Innovation
Since 2012, CloudPay has been a trailblazer in payroll integration, becoming the first partner recognized for the Payroll Effective Change Interface (PECI) certification. As the pioneer of a single integration solution encompassing multiple countries, CloudPay holds a significant position with around 3,000 active integrations. The introduction of the Additional Payroll Data feature is being enthusiastically tested by multiple customers, underscoring CloudPay's commitment to leading the Workday integration realm.
Customer Experience with New Solutions
A payroll operations manager from the software sector shared their excitement about CloudPay's new automation features. "I've been eagerly waiting for a solution to enhance local payroll data collection. The new Additional Payroll Data feature simplifies our operations significantly, allowing us to move away from manual forms and improve efficiency dramatically.” This feedback highlights the essence of CloudPay's dedication to enhancing the payroll process for businesses.
Position as a Market Leader
CloudPay's rapid growth as a managed service provider stems from its recent $120 million funding round, further solidifying its market leadership. This financial boost empowers CloudPay to innovate continuously in global payroll solutions, allowing businesses worldwide to navigate the complexities involved in managing payroll efficiently. According to CloudPay's recent Payroll Efficiency Index (PEI), 43% of payroll professionals believe AI and advanced payroll technology represent the future, areas where CloudPay is already making significant strides.
Expert Insights from Leadership
CloudPay’s CMO, Nick Webb, has expressed pride in their ongoing partnership with Workday. He states, “CloudPay's role in revolutionizing payroll technology places us in an advantageous position in the industry. As we introduce the Global Payroll Connect solution, we empower our clients to embrace the next generation of payroll capabilities.”
Upcoming Events and Innovations
CloudPay encourages those interested in learning about their recent advancements to participate in their upcoming webinar that showcases the integration features of Workday and CloudPay's HCM payroll solution. They will also be present at the Workday Rising US conference held at the Mandalay Bay Convention Center, showcasing innovations in global payroll solutions. This event is an excellent opportunity for attendees to witness how CloudPay is shaping the future of payroll and payments.
About CloudPay
CloudPay is committed to revolutionizing the payroll experience by transforming it from a mere operational function into a crucial business advantage. With over 25 years of experience managing payroll processes for 250 global organizations, processing more than 3 million payslips annually, and handling over $24 billion in payments across 168 currencies, CloudPay's integrated cloud-based platform offers unparalleled payroll and payment services. The focus on unifying payroll and HCM functions with cutting-edge technology allows businesses to streamline their payroll processes, ensuring they are efficient and user-friendly.
Frequently Asked Questions
What is the Global Payroll Connect solution by CloudPay?
The Global Payroll Connect solution is an integrated payroll system launched by CloudPay in partnership with Workday, designed to enhance the efficiency of global payroll operations.
How does CloudPay ensure a seamless payroll experience?
CloudPay utilizes advanced technologies and a single cloud-based platform to unify payroll and payments, making processes faster and frictionless.
In which regions does CloudPay operate?
CloudPay operates in over 130 countries, providing payroll services that handle payments in 168 currencies.
What innovative features does CloudPay offer?
CloudPay offers features like the Additional Payroll Data functionality, which simplifies local payroll data collection through automation.
How can businesses stay updated on CloudPay’s innovations?
Businesses can participate in webinars and attend industry conferences like Workday Rising US to stay informed about CloudPay's latest solutions and technologies.
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