CloudPay wants businesses with global operations to have an option to handle payroll and other human resources tasks through cloud-based software.

Managed global payroll and payment services provider CloudPay is partnering with OneSource Virtual, which provides business processes software, to offer Global Workforce Administration.

The software-as-a-service offering is designed to enable organizations to reduce costs and time involved with human resources and payroll administration.

“We’re excited to bring our global payroll solution to even more enterprises through our alliance with OneSource Virtual, a leader in workforce administration,” Brian Radin, chief revenue officer of CloudPay, said in a Sept. 20 press release.

The alliance will provide multinational organizations with a "fully-integrated HR and payroll experience through a single platform and from one service provider,” Radin added.

CloudPay says it provides analytic services that help companies turn payroll data into other business services, and a compliance tracking function to assure continuous compliance with local and statutory payment regulations and tax requirements.

New York-based CloudPay has its roots in Paterson, a U.K. company that began an integrated cloud-based global payroll solution in 1996. Paterson launched its first cloud-based payroll platform in 2001 and rebranded the company name to CloudPay in 2012.

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