TrustRadius Insights for CloudPay are summaries of user sentiment data from TrustRadius reviews and, when necessary, third party data sources.
Pros
Global Payroll Feature: Users have found the software to be highly beneficial in handling payroll processes across different countries, showcasing its robust global payroll feature. This capability allows businesses with international operations to easily manage and process payroll for their employees worldwide.
Cloud Storage and Organization: Reviewers appreciate the seamless ability to upload and securely store payslips on the cloud. This convenient feature allows for easy access and efficient organization of work documents in a centralized location. It eliminates the need for physical storage or manual filing systems, saving time and improving overall productivity.
Comprehensive Payroll Processing and Tax Management: Customers commend the software for its comprehensive capabilities in processing payroll and managing tax information for employees. It streamlines these crucial tasks, ensuring accuracy and efficiency in payroll management. The software simplifies complex calculations related to taxes, deductions, allowances, and other elements of employee compensation, making it easier for businesses to stay compliant with local tax regulations while minimizing errors or discrepancies.
The pay slips are being uploaded onto CloudPay, where you can have them all in one place and download them if you'd like. CloudPay is good with keeping your work documents organized in one place. What I like about this software is that it can be used to process payroll as well as employee data and update tax information.
Pros
Global Payroll Basic
Earned Wage Access
Global Treasury Service
Payroll Efficiency Index
Cons
Flexible Employee Pay
Payroll Compliance
Reporting and Analytics
Likelihood to Recommend
The best thing about CloudPay is creating employees payroll. It's good for keeping the pay slips in one drive. CloudPay makes it so easy to track and check on your shift hours. Here, you can enter employee pay rates and everything is in one place. The good thing is it keeps the data safe and confidential.
CloudPay comes as a solution for payroll, treasury, and on-demand payment. It's a consolidated and easy-to-use software for such purposes. In my current organization, we are using this product for payroll management. Since my organization consists of near about 10000 employees so to handle data regarding payroll disbursement, reimbursements, and deductions, for each and every employee is a very difficult task. So Cloudpay is a very efficient solution that is a decentralized and distributed system to automate mentioned use case.
Pros
Payroll management.
Periodic reports and chart creation, per gathered metrices.
Managing reimbursements and deductions.
On demand payment.
Calculations and periodic disbursal.
Cons
User interface can be optimized.
customer support needs to be improvised.
there are few bugs in the system, so enhanced testing and regression should be taken into consideration on regular basis.
Likelihood to Recommend
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.
VU
Verified User
Engineer in Information Technology (10,001+ employees)
Cloudpay is software that helps you organize your employee information and pay them their earned payroll. Payroll can be set multiple ways and is advertised to easily pay employees. The issues that arise seem to be customer support, limits on company size, and higher fees. This may be ideal for smaller companies.
Pros
Timely pay
Useful reports
Virtual paperwork
Cons
Fees
Tech support
Size restraints
Likelihood to Recommend
Although Cloudpay does a relatively decent job at what they do, there are other options from the larger companies that have more resources to provide you with lower fees and more available tech support. Cloudpay is a relatively new company and there is always a sense of higher risk with that.
I used CloudPay for Payroll processing. The problem that this product addressed was being able to update tax information in a timely matter. It is an all-around tool to make changes and reviews fairly quick. (Great software if you do not have a lot of time on your hands. or are short-staffed)
Pros
Enter employee pay rates
Confidential / Safe
HR Tool
Cons
Customer Service could be a little faster with response times.
No other "cons"
Likelihood to Recommend
If you do not need assistance with your payroll, this may not be the software for you. (You can probably find a cheaper solution for payroll) Please be aware - if requesting support it may take some time to get support.
VU
Verified User
Employee in Finance and Accounting (11-50 employees)
CloudPay is a tool that has managed to automate the payroll payment processes with the reduction of errors and the time to process the steps according to our data. With CloudPay it is possible to have advanced work metrics with robust real-time analysis, payments on demand is another function that we use to improve processes. We have integrated other finance and human resources tools with CloudPay to improve the data collection and analysis processes, this is of great importance for the data flow.
Pros
Integration with financial and human resources tools.
Analysis and data collection in real time.
Cons
We have achieved excellent integration with HR and finance systems to improve data collection and analysis, this is enough to trust CloudPay, I also love on-demand payment processes and I really believe that CloudPay is the best tool for the payment of payroll.
Likelihood to Recommend
Integration with CloudPay finance and human resources systems is one of the features that I like to recommend the most because it is possible to increase the speed of data recovery and analysis, I also recommend using the functions for payments on demand. CloudPay is the best payroll tool I have ever used and I highly recommend it because we can automate financial processes.