CloudPay specializes in providing unified payroll solutions to companies with employees scattered across the world. CloudPay propels organizational improvements by gathering information at every step of the payroll process to optimize and streamline those operations. With real-time visibility of these data, users can ensure that payroll performance, costs and compliance are always where they need to be. In addition to operational data, CloudPay also offers support from a large team of payroll experts to ensure users are getting the most out of the platform and help improve business decisions related to payroll. CloudPay stays up-to-date on the ever-changing legal landscape related to payroll making users confident that their payroll operations are always compliant no matter where they are in the world.
With CloudPay, payroll administrators can keep track of all of their organization’s payroll needs across the globe using the payroll Calendar. The Calendar provides a single point of information for all of the payroll activities going on within a company. Users can drill down using the filters in order to get data on a subset of the payroll activities bringing some order to the chaos of doing global payroll.
Earned Wage Access
CloudPay is not only beneficial to the employer, but also to the employee. CloudPay offers an Earned Wage Access (EWA) platform through their mobile application CloudPay Now that is accessible in over 130 countries. This application allows employees to view and access their earnings and set up withdrawals and beneficiaries that fit their needs. CloudPay Now also offers financial advising to employees in order to help ensure their financial security. On the business side, enabling instant access to funds cuts down on the need for cumbersome administrative processes like manual payroll advances and the costs associated with them.
Global Treasury Services
CloudPay’s global treasury services allow employers to make payments to entities anywhere in the world from a single source. This eliminates the need for multiple accounts that handle payments in each individual country where you have employees. CloudPay can make payments not only to employees, but also to third parties all while remaining compliant with any local, regional or national laws that may affect these payments.