CloudPay vs. Toast Payroll & Team Management

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

I believe StratEx is well suited for any type of business at any size. However, I believe the sweet spot would be hotels and restaurants that are small to midsize. With the right HR staff in place, StratEx is so user-friendly and moldable to the needs of the business that it can be used in any industry, location, or by any company with any employee population.

Incentivized

• Global Payroll Basic
• Earned Wage Access
• Global Treasury Service
• Payroll Efficiency Index

• Tip splitting
• Payroll by class
• Specific reports

Incentivized

• Fees
• Tech support
• Size restraints

Incentivized

• HR - We used to receive HR support and that is something that we really miss.
• StratEx was also our broker so made the health care side of things seamless and we miss that too.
• Support - Sometimes the support we get is lacking or we get different answers from different people.

Incentivized

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.

Without a doubt, StratEx wins. Against all the major players in the HRS/HRIS industry, StratEx's biggest win is cost, both implementation and ongoing costs. The other's we evaluated offered tons of flashy things that most companies don't really need. When it was all said it done, we looked at what we needed and what we will need and determined that there is no reason to pay for a "big" brand name and be a small fish in their large ponds. I cannot imagine there is a company that would need anything StratEx doesn't offer. And, when it came down to it, all the major players came down from their original proposals by $100,000 or more to be more competitive with StratEx and we still went with StratEx. They've kept every promise, they've always been available, and they know where they are going as a company.

Incentivized

• 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

• Great reports and analytics
• Moderately high fees
• Convenience

Incentivized