CloudPay Launches In-App Digital Payslip Functionality

Author

Slice of Finance Team
16 Jun

Key Highlights:

  • CloudPay NOW app launches new in-app digital payslip functionality.

  • Enhanced pay visibility for employees with anytime, anywhere access.

  • Simplified financial management with access to year-end tax documents.

  • Extended leaver access for departing employees to retrieve payslips and tax documents.

  • Integrated pay-on-demand feature for immediate wage access, promoting financial well-being.

Source (Business Wire)

Notable Quote

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"Our mobile-first strategy takes a stride towards redefining employee engagement and satisfaction in the digital age, setting a new global standard for the payroll industry. This launch is a testament to CloudPay’s commitment to simplifying payroll processes, enhancing transparency, and delivering a seamless pay experience.”

Matt Hillier, EVP of Product at CloudPay

Our Take:

CloudPay's introduction of the in-app digital payslip functionality is a significant advancement in the payroll industry. By leveraging a mobile-first strategy, CloudPay is addressing the growing need for digital solutions that enhance employee engagement and streamline payroll processes. The ability for employees to access their payslips and tax documents anytime and anywhere not only simplifies financial management but also reduces the administrative burden on payroll departments. Furthermore, the integration of pay-on-demand services within the CloudPay NOW app underscores CloudPay's commitment to providing flexible, on-demand payroll solutions that cater to the evolving needs of the modern workforce. This innovative approach is likely to set a new standard in the industry, making CloudPay a leader in payroll management and employee satisfaction.q