Paylocity Holding (PCTY) Announces Acquisition of Cloudsnap

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Paylocity Announces Acquisition of Cloudsnap

January 19, 2022 9:00 AM EST

SCHAUMBURG, Ill., Jan. 19, 2022 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announces the acquisition of Cloudsnap Inc., a flexible, low-code solution for integrating disparate business applications.

Cloudsnaps technology enables seamless integration of systems to automate manual data exchange processes, creating a modern user experience. The companys integration automation platform facilitates development and deployment of API integrations, allowing clients to automate data flows across systems such as HR and financial applications.

Integrating HR tools with third-party systems has historically relied on manual... More