CloudPay accelerates AI innovation with strategic investment in Intermezzo
Strategic investment supports CloudPay’s 3A’s strategy of Automation, AI and API’s
Expands access to next-generation AI-native payroll technology
Accelerates innovation and in-house payroll capabilities
CloudPay has today announced a strategic investment in Intermezzo, an AI-native global payroll infrastructure company.
The investment strengthens CloudPay’s commitment to innovation and advances its 3A’s strategy of Automation, AI and APIs.
Intermezzo has developed a global payroll platform designed to simplify multi-country payroll operations and reduce complexity through greater automation. The aim is to accelerate CloudPay’s in-house strategy while enhancing automation, efficiency and customer outcomes.
Roland Folz,
CEO at CloudPay
“This investment is another important step in CloudPay’s mission to shape the future of global payroll. As customer expectations evolve, organisations are looking for greater automation, intelligence and simplicity, and Intermezzo is bringing an innovative AI-driven approach to addressing those needs.
“By combining CloudPay’s global expertise with Intermezzo’s technology, we have an exciting opportunity to accelerate innovation, expand our capabilities and deliver even greater value for customers. We believe AI will play a transformative role in the future of payroll, and we’re delighted to support the Intermezzo team on that journey.”
Siddharth Ram, Co-founder and CEO of Intermezzo, said:
“CloudPay is one of the most respected names in global payroll, and we’re delighted to welcome them as both an investor and strategic partner. Together, we share a vision for modernising payroll through automation and AI-driven innovation. CloudPay’s deep domain expertise, global reach and commitment to technology-led transformation make them an ideal partner as we continue to build the world’s leading AI-native payroll infrastructure platform.”
The investment reinforces CloudPay’s commitment to investing in technologies that simplify complexity, improve accuracy and help organisations manage global payroll with greater confidence.
<ENDS>
Media contact
Press contact
Joanna Broomes
joanna.broomes@cloudpay.net