CloudPay vs. Finastra Fusion Treasury

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
CloudPay
Score 8.6 out of 10
N/A
CloudPay is a payroll management tool designed specifically for organizations that have an international workforce. They offer payroll automation services, an earned wage access platform as well as global treasury services to ensure any employee no matter their location gets the money they have earned.N/A
Fusion Treasury
Score 7.9 out of 10
N/A
Finastra (formerly MISYS) offers Fusion Treasury, a treasury management system and suite of applications designed to simply the operational complexity of managing a global corporate treasury.N/A
Pricing
CloudPayFinastra Fusion Treasury
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
CloudPayFusion Treasury
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Best Alternatives
CloudPayFinastra Fusion Treasury
Small Businesses
Rippling
Rippling
Score 8.5 out of 10

No answers on this topic

Medium-sized Companies
Rippling
Rippling
Score 8.5 out of 10

No answers on this topic

Enterprises
Oracle Fusion Cloud HCM
Oracle Fusion Cloud HCM
Score 7.5 out of 10

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
CloudPayFinastra Fusion Treasury
Likelihood to Recommend
8.0
(5 ratings)
9.6
(3 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(1 ratings)
User Testimonials
CloudPayFinastra Fusion Treasury
Likelihood to Recommend
CloudPay
In my organization, we have replaced all paperwork with this software, for the case of payroll, treasury, or on-demand payment. And from the backend, we have requested to enhance the feature like deductions and reimbursements. So in this way, it comes as a single tool to automate the whole payroll process. Which can be accessed, stored, update, and monitored from anywhere. So the whole organization and communications seem just to be a click away. Since we have switched to the cloud pay for payroll management, a lot of finance things are still there which need to be integrated with this system to make everything intact and altogether but cloud pay, as of now, do not have room to accommodate, and that's an issue to us, as a manager. So it's a request and suggestion as well to consider other finance-related things and try to fit in the same application, I know it's a big ask, but can be tried.
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Finastra
Fusion Treasury demonstrates with verified results that it is the tool that best manages the treasury. It is also the one that shows the data in a single screen to reduce complexity, this is what I like the most. Fusion Treasury has never failed me, it always helps us grow financially, and with 100% simple tools. We would not change this for anything in the world. We are experiencing one of the most prosperous stages of our finances thanks to Fusion Treasury.
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Pros
CloudPay
  • Global Payroll Basic
  • Earned Wage Access
  • Global Treasury Service
  • Payroll Efficiency Index
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Finastra
  • It is very good in position keeping for Inter bank.
  • It is very good in calculating risk assessment and risk rate of derivatives.
  • The PnL calculation is good and easy to customize.
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Cons
CloudPay
  • Fees
  • Tech support
  • Size restraints
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Finastra
  • Security features can be enhanced.
  • Encryption features should be there.
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Likelihood to Renew
CloudPay
No answers on this topic
Finastra
Having this software is the best thing that could happen to us, since we obtain treasury benefits that make us productive with quick results.
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Alternatives Considered
CloudPay
It allows the feature of flexible payment methods to complete of the payment of termination and the payment to be process on time which is recognized worldwide. The card payment process time is 3 days faster than the normal bank payment process, and you can stop easily. It integrates your payment procedures with a global cash flow solution that ensures the timely payments to regulate authorities like your employees, local authorities or to the third parties.
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Finastra
No answers on this topic
Return on Investment
CloudPay
  • The positive impact is, a lot of manual work is automated now, which is saving a lot of time and man-hours.
  • Requests and demands can be accessed, monitored, and raised anytime from anywhere. So a lot of dependencies have been resolved.
  • Human resources and all finance is been integrated which is resulting in less work at the desk.
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Finastra
  • Payments to Bank Statements Reconciliation is efficient.
  • Payment has been streamlined.
  • Bank statement reconciliation has been streamlined.
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ScreenShots

CloudPay Screenshots

Screenshot of A screenshot of the Calendar tool within CloudPay that keeps track of all of payroll activities across all locations.