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CloudPay vs. SAP Treasury and Risk Management

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    CloudPay

    Score9 out of 10
    N/ACloudPay 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

    SAP Treasury and Risk Management

    Score9.4 out of 10
    N/ASAP Treasury and Risk Management for enterprises provides enhanced cash and liquidity planning, among other treasury management features.N/A
    Pricing
    CloudPaySAP Treasury and Risk Management
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    CloudPaySAP Treasury and Risk Management
    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
    Community Pulse
    CloudPaySAP Treasury and Risk Management
    Considered Both Products
    CloudPay
    No answer on this topic
    SAP
    No answer on this topic
    Key User Insights
    Would buy again
    100%
    Would buy again
    5 Answers
    100%
    Would buy again
    7 Answers
    Delivers good value for the price
    80%
    Delivers good value for the price
    4 Answers
    100%
    Delivers good value for the price
    7 Answers
    Happy with the feature set
    80%
    Happy with the feature set
    4 Answers
    100%
    Happy with the feature set
    7 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    Features
    CloudPaySAP Treasury and Risk Management
    Treasury Management
    Comparison of Treasury Management features of CloudPay and SAP Treasury and Risk Management
    Feature
    CloudPay
    -
    Ratings
    SAP Treasury and Risk Management
    8.0
    2 Ratings
    5% above category average
    Cash and Liquidity Management00 Ratings8.22 Ratings
    Financial Fraud Prevention00 Ratings3.01 Ratings
    Treasury Management Payments00 Ratings8.22 Ratings
    Bank Account Management00 Ratings9.12 Ratings
    Treasury Risk Management00 Ratings9.12 Ratings
    Treasury Reporting00 Ratings9.12 Ratings
    Liquidity Forecasting00 Ratings9.01 Ratings
    Market Data00 Ratings8.22 Ratings
    User Ratings
    CloudPaySAP Treasury and Risk Management
    Likelihood to Recommend
    8.0
    (5 ratings)
    8.2
    (7 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.0
    (1 ratings)
    Usability
    -
    (0 ratings)
    8.2
    (1 ratings)
    User Testimonials
    CloudPaySAP Treasury and Risk Management
    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.
    Incentivized
    Read full review
    SAP
    SAP Risk and Treaury is well suited for corporate industrial use. SAP has accumulted industrial experience of cash management and worth of the 100% money invested cause this fact reduces your time to get ERP treasury project launched as full functional. Needs more customised solution if applied to banks treasury (money market instruments focus, different accounting plan, internal risk management rules). Pricing is the main limitation: available for mostly large corporate and well financed projects but worth every dime spend on it
    Read full review
    Pros
    CloudPay
    • Global Payroll Basic
    • Earned Wage Access
    • Global Treasury Service
    • Payroll Efficiency Index
    Read full review
    SAP
    • Trading platform integration and deal processing
    • Market data integration
    • Market and credit risk management
    • Regulatory reporting
    • (Hedge) Accounting for financial instruments
    Incentivized
    Read full review
    Cons
    CloudPay
    • Fees
    • Tech support
    • Size restraints
    Incentivized
    Read full review
    SAP
    • It would be nice if all reports could have the same recurrence options (some reports allow for the date range to be the last full month while others require a specific date range).
    • It is difficult to discontinue some recurring reports that are no longer used.
    Incentivized
    Read full review
    Likelihood to Renew
    CloudPay
    No answers on this topic
    SAP
    Customer gets on hold all projects till end of the 2Q 2023. Only support tasks are given.
    Read full review
    Usability
    CloudPay
    No answers on this topic
    SAP
    very intuitive for end users to use
    Incentivized
    Read full review
    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.
    Read full review
    SAP
    Some of the edges I have found are [the] following: Risk universe building support and navigation, Transactions back to back stacking and control on [the] roll out if your logic, Integration with risk and compliance dashboard, ease of customizing reporting dashboards both from the perspectives of treasury transactions along with risk Profiling and risk reporting.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    SAP
    • You can see your Loses from each one of your states
    • Simulate the process accordingly different data, that way we can avoid taking risk
    • Consolidated information on one place
    Incentivized
    Read full review
    ScreenShots

    CloudPay Screenshots

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