CloudPay, a pioneer of SaaS-based payroll automation for multinationals, has announced CloudPay Insights, an enhanced global payroll reporting solution. This capability gives organizations the ability to leverage big data to gain greater transparency into the real-time costs associated with their workforce by digging deep into their own comprehensive, multi-country payroll data.
Major features of CloudPay Insights include:
- Enhanced dashboarding capabilities give CloudPay Insights users the flexibility to create and customize reports without having to use pre-built templates.
- Improved workspace functionality allows users to create reports with relational or dimensional data sources, enabling deeper analysis, report authoring, and advanced data exploration.
- CloudPay Insights includes developments such as null suppression optimization and in-memory caching for performance gains, enabling users to greatly reduce the amount of time they spend creating reports.
“Although the payroll function contains significant information that can help shape business decisions, set goals and priorities and optimize workforce strategy, many companies neglect to mine this data or simply lack the tools to do so effectively,” Andrew Pearson, CEO of CloudPay, said. “Necessary for effective global payroll reporting is having a common technology platform that can compile the vast stores of payroll data from across the enterprise and transform it into actionable information. CloudPay stands alone in the payroll management space as the only provider to offer a common technology platform that delivers the business intelligence to make well-informed decisions about the costs and processes of compensating their global employees.”