PRZOOM - /newswire/ -
Raleigh, NC, United States, 2015/11/18 - Company Expands Southeast Asia Presence to Better Serve Growing Number of Multi-national Organizations Being Serviced in the Region - CloudPay.net.
CloudPay, the world’s only cloud-based platform for integrated global payroll and payments, today announced that it has expanded its presence in Southeast Asia with the opening of a new office in Makati City, Philippines. CloudPay’s new office will act as a shared service center for payroll processing for companies operating in the region, in addition to its current offices in Singapore and Shanghai, China, to provide customers with accurate, timely and compliant payments.
As today’s multi-national organizations continue to face skills shortages and struggle to find the qualified talent they need to be successful, more companies are expanding their operations to the rapidly growing countries of Southeast Asia. Although these emerging markets provide greater access to talent with in-demand skills, compensating those employees can pose significant challenges. Not only must companies provide accurate and timely payments in different currencies, but they must also do so in compliance with each country’s local and national payroll and taxation laws.
Through its advanced integrated cloud-based global payroll and payments solution, CloudPay helps companies overcome the challenges associated with compensating employees around the globe, automating payroll and payments processing and ensuring employers can compensate their staffs effectively. By establishing its new office in the Philippines, the company can further ensure its clients across Southeast Asia achieve payroll success. With teams of experienced country-specific experts who understand the nuances of payroll across multiple countries in the region, not just the tactical aspects of providing payments but also all associated processes like taxation and social contributions, CloudPay clients can be confident they are working with the foremost global payroll specialists.
“More companies today are looking across borders to meet key business objectives and fill talent gaps with qualified talent, and the Philippines is often a primary destination for a growing multi-national company like ours,” said Andrew Pearson, Co-CEO of CloudPay. “As demand for CloudPay’s industry-leading cloud-based global payroll and payment solution continues to grow throughout Southeast Asia, we are pleased to offer the services and solutions that facilitate how they compensate their employees. Our new office enables us to provide our clients with the utmost level of global payroll and payments processing expertise, helping to ensure their success in the region.
CloudPay’s new office is located at the 9th Floor, V Corporate Center, LP Leviste St., Salcedo Village, Makati, Philippines.
CloudPay (cloudpay.net) is the world’s only cloud-based platform for integrated global payroll and payments processing, collaboration and delivery. We believe that collaboration and integration are the only ways to address the complex and valuable challenge of how to manage global payroll and payments. We’re creating market leading technology and using payroll expertise and knowledge to revolutionize payroll and payments for multi-national organizations. CloudPay enables multi-national organizations to improve business performance through greater fiscal control, see people costs through enhanced visibility, assure local and global compliance, and reduce payroll and payment operational costs.
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