Patersons Global Payroll Is Now CloudPay

RALEIGH, NC and LONDON--(Marketwire - Oct 21, 2012) - Patersons, the expert provider of integrated global payroll services, today announced it has adopted the name of its industry leading SaaS technology and henceforth the company will be known as CloudPay. Patersons previously adopted the name CloudPay for its multi-national payroll platform last year, a name that the company believed perfectly describes the product of its pioneering development and innovation focused solely on providing global payroll services in the cloud.

Commenting on the company's new strategic identity, Andrew Pearson, CEO of CloudPay, said, "CloudPay is fully committed to helping our clients around the world manage their global payroll with an easy-to-use interface that supports rapid implementation and facilitates integration with existing HCM and ERP systems. We are positioning the company to become the standard for multi-national payroll management by remaining attentive to customer care, responsive to market needs and committed to continuous innovation."

"Accelerating globalization means more organizations are leveraging the workforce in other countries and regions, seeking international opportunity to meet business goals. These companies need a partner to help them navigate the complex and constantly changing laws and regulations involved with global payroll. With our worldwide team of highly experienced payroll professionals, CloudPay ensures our clients have a trusted partner capable of delivering solutions in 160 countries in 26 languages."

Andrew Pearson summarized the reason for adopting the new brand identity, "The name CloudPay better describes our pioneering product and better purports the ambition of our company. This is a truly exciting time at CloudPay."

CloudPay is built upon a successful track record of more than 15 years delivering competitive, flexible solutions to organizations faced with the challenge of coordinating, processing and analyzing multi-national payroll. The CloudPay platform is supported and enhanced by a range of services, including implementation, managed services, payroll processing and support, all provided by CloudPay professionals in the U.S., U.K., Singapore, China, France and Hungary.

Founded in 1996, Patersons developed the world's first true integrated SaaS-based global payroll solution to resolve the largest problem faced by growing global organizations -- the lack of a common global platform for processing payroll. Since the launch of the CloudPay platform in 2011, Patersons has increased its customer base and introduced many new features and improved functionality, and the development of the platform continues apace.

CloudPay maintains compliance with all local and statutory regulations, including ISO 27001, SSAE16, and IASE 3402, highlighting its high level of commitment to the security and care of its customers' data. A number of recent strategic partnerships with leading cloud-based enterprise software providers as well as several new executive-level additions to its management team, including some key appointments from ADP, bear testament to the investments being made and the ambition of CloudPay.

As CloudPay, the company will continue to provide global clients with the level of service they expect and the solutions they need. CloudPay is committed to continual investment in its future to better serve and support customers and help them maintain compliance and control over their global payroll processes.

For more information about CloudPay, visit the company's new website at www.cloudpay.net.

About CloudPay
CloudPay is the pioneer and foremost provider of multi-national payroll technologies and services. CloudPay's world leading Software as a Service technology and payroll expertise enables organizations to control, consolidate, process and analyse their global payroll operations. CloudPay, from offices in Raleigh, London, Singapore, Shanghai, Paris and Budapest, is expanding as it seeks to set the standard for multi-national payroll management. For more information about CloudPay, please visit www.cloudpay.net

2012-10-21 19:01:41

Source: http://www.marketwire.com/mw/release.do?id=1715866&sourceType=3