ANDOVER, UK – 8 November 2023 – CloudPay, the global leader in employee pay solutions, is pleased to announce its recognition in the 2023 Ventana Research Buyers Guide for Global Payroll Software.
The 2023 Buyers Guide for Global Payroll is a quantified, research-based report evaluating technology providers and products. The Guide assesses 13 vendors’ products using Ventana’s Value Index methodology to evaluate software in seven key categories that are weighted to reflect buyers’ needs based on their expertise and research.
The research places payroll vendors into one of four overall categories: Exemplary, Innovative, Assurance, or Merit classifying their weighted performance overall in Product Experience and Customer Experience. CloudPay has been awarded the Assurance category which represents those that achieved the highest levels in the overall Customer Experience requirements.
The report notes that CloudPay performed best in Product Experience with a B+ grade, notably in Capability, due to our strong Global and Core Payroll capabilities. In Validation, Ventana Research reported that we had a wide variety of customer stories that effectively explained our commitment to customer success and support.
Nick Webb, Chief Marketing Officer at CloudPay said: “This recognition underlines our dedication to product development, innovation, and technology, ensuring that people globally receive timely and reliable payments, regardless of where they are located. We’re proud to have not only met but exceeded the high standards we’ve set for ourselves but our customers’ expectations too and we’re excited to continue raising the bar in the future.”
The Buyers Guide for Global Payroll is neither sponsored nor influenced by technology vendors and is conducted solely in pursuit of Ventana Research’s mission to provide value to business and IT through the Consulting, Advisory, Research, and Education (CARE) portfolio of services. Ventana Research’s goal is to help guide organizations to optimal efficiency in their use of technology investments for business and IT. To learn about the more about the report the Buyers Guide for Global Payroll can be found here: https://www.ventanaresearch.com/buyers_guide/human_capital_management/global_payroll_2023