RALEIGH, NC and LONDON, UNITED KINGDOM--(Marketwired - Oct 3, 2013) - CloudPay, the pioneer of SaaS-based payroll automation for multinationals, announced today that it has been shortlisted as a finalist for the Payroll World Awards 2013, for the Implementation Project Award and International Payroll Team Award.

The Payroll World Awards aim to recognize payroll technology and solution providers that deliver cutting-edge innovation, bring significant cost savings and show their commitment to improving the payroll profession. Due to CloudPay's highly experienced team of payroll professionals dedicated to facilitating the way its clients conduct their global payroll activities, the company was named a finalist for the two categories it entered.

The Implementation Project Award recognizes effective implementation of a payroll system, judged by return on investment, cost savings and achievement of significant business benefits or management information. For this award, CloudPay highlighted its success in helping client Thomson Reuters standardize its global payroll process for more than 1000 employees across five continents, as detailed on the Payroll World Awards website.

The International Payroll Team Award highlights payroll teams that bring about reduction in financial cost, meet corporate business objectives across multicultural divisions, achieve employee satisfaction and possess deep knowledge of and compliance with local legislations. CloudPay was named a finalist in this award due to the best practices used by its EMEA Operations team to improve operational efficiency, stay on top of changing regulations and ensure high employee satisfaction.

"We were very delighted to learn that CloudPay has been shortlisted as a finalist for the Payroll World Awards, which recognize and reward the companies that exemplify best practices and professional excellence in the payroll industry," said Andrew Pearson, CEO of CloudPay. "This high profile recognition of our implementation practices and the strength of our global payroll team confirms our position as the foremost provider of innovative technology solutions that help our clients gain greater control over their multi-national payroll operations."

The winners of the Payroll World Awards 2013 will be announced at a ceremony on Thursday, October 24, 2013 at the Millennium Hotel London Mayfair. More information about the Payroll World Awards can be found at: http://www.payrollworldawards.com/

About CloudPay
CloudPay's pioneering Software as a Service technology and extensive payroll expertise helps organizations streamline global payroll operations, increase efficiencies and benefit from unprecedented business insight and intelligence. Recognized by Gartner as a Cool Vendor and by Everest Group as a Major Contender in Multi-Country Payroll Outsourcing, CloudPay is setting the standard for multi-national payroll management. For more information about CloudPay, please visit www.cloudpay.net or visit us on Twitter at _CloudPay.