In its first-ever PEAK Matrix report for Multi-Country Payroll Outsourcing (MCPO) Service Providers, Everest Group recognized CloudPay as a Major Contender in the industry. This is great step forward for us as it gives independent validation and support for the work that we are doing here at the company to lead our industry forwards. Compared to nine other service providers evaluated in the report we’re highlighted for the strength of our delivery capability and proven market success. We’re now competing effectively with the larger players in our space – they have good scale but we have strong technology, great people and a singular focus on this MCPO area of the market.

Everest Group’s PEAK Matrix is an objective, data-driven comparative assessment of third-party outsourcing service providers specific to a market segment. In its MCPO PEAK Matrix report, Everest Group provides a comprehensive assessment of the ten MCPO service providers’ delivery capability as measured by scale of operations, scope, technology capability and delivery footprint.

CloudPay was recognized as a Major Contender due to our large amount of active contracts, high revenue, expanding partner network and strong full-time and permanent employee base. We were also highlighted as one of a few select providers with a proprietary single-platform model and recognized for our continued investment in MCPO-related technology, such as analytics. Moreover, of all ten providers evaluated in the report, CloudPay stood out for covering the highest number of countries and for being the only Major Contender to receive a High rating for our overall delivery capability.

Download a free complimentary copy of Everest Group’s assessment of CloudPay’s MCPO capabilities by visiting: www.cloudpay.net/cloudpays-custom-profile-in-everest-group-peak-matrix-framework/