CloudPay vs. Trovata

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
CloudPay
Score 8.4 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
Trovata
Score 6.2 out of 10
N/A
Trovata helps businesses automate the work it takes to gather and normalize all of its financial data. Trovata lets finance and treasury teams access, build, manage, and control their own trove of financial data – from banks, business & accounting systems, and external markets. For cash forecasting, Trovata collects and normalizes data, then generates a forecast. Trovata leverages machine learning to establish a forecast baseline, analyze historical data trends and increase forecast accuracy.
$2,400
per month
Pricing
CloudPayTrovata
Editions & Modules
No answers on this topic
Mid Market
$2,400
per month
Small Enterprise
$3,500
per month
Enterprise
custom pricing
Offerings
Pricing Offerings
CloudPayTrovata
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
CloudPayTrovata
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
CloudPayTrovata
Likelihood to Recommend
8.0
(5 ratings)
9.0
(1 ratings)
User Testimonials
CloudPayTrovata
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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Trovata, Inc
If you want to know how much cash you have, forecast more quickly, and manage cash flow with precision, then Trovata [is] the cash management you need. The account integration and the capture of data are really easy to use. It's a program you can learn quickly [about] how it functions and will be really valuable in your company.
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Pros
CloudPay
  • Global Payroll Basic
  • Earned Wage Access
  • Global Treasury Service
  • Payroll Efficiency Index
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Trovata, Inc
  • You can run "what if" scenarios.
  • Trovata has alerts/notifications.
  • [It has] dashboard creation.
  • [It is] easy to visualize the data.
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Cons
CloudPay
  • Fees
  • Tech support
  • Size restraints
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Trovata, Inc
  • Have a better transaction monitoring
  • Deploy a desktop program
  • Have videos for training and use
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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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Trovata, Inc
Trovata supports the users to connect directly with their banks. For example, for our organization, we can check all the cash data, make a report, and forecast more accurately with precision, and that's because you can find all the information on one platform. In comparison to other apps, the [customer] service from Trovata [is] amazing. They've been supportive and always respond very quickly when you have questions or don't know how to do something.
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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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Trovata, Inc
  • Trovata helps us with the risk because of their capability [to] run "what if" scenarios, we can know if we need to invest the money or not.
  • With real-time data and monitoring, we can be sure [of] how much money we have at the moment.
  • We can track all the transactions thanks to Trovata.
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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.

Trovata Screenshots

Screenshot of Trovata