Paylocity announces acquisition of Cloudsnap

Posted1/19/2022 2:33 PM

SCHAUMBURG -- Paylocity said Wednesday it has acquired Cloudsnap Inc., a flexible, low-code solution for integrating business applications.

Financial terms of the transaction were not disclosed. Cloudsnap is based in Austin, Texas.


Cloudsnap's technology enables seamless integration of data flows across systems such as human resources and financial applications, automating these data exchange processes.

Integrating HR tools with third-party systems has historically relied on manual processes or heavily customized integrations, which are difficult and time consuming, Paylocity said.

"This acquisition will accelerate the speed and flexibility with which organizations can connect data and insights from Paylocity to other mission-critical business applications, so we can continue to provide the most relevant and modern platform for our clients," said Steve Beauchamp, CEO of Schaumburg-based Paylocity, a provider of cloud-based HR and payroll software solutions.

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