April 06, 2011 09:02 ET

International Entrepreneur, Karen Paterson Leads the Way in Global Payroll

JERSEY, BRITISH CHANNEL ISLANDS--(Marketwire - April 6, 2011) - An award winning international entrepreneur joins a new global payroll business which maximises the benefits of cloud technology.

Karen Paterson, widely recognised as an industry thought leader and pioneer, has now joined Acrede as Group CEO. She is a former CBI "Entrepreneur of the Year", Fast Growth Awards "Entrepreneur of the Year" and was also "Best European Entrepreneur" at the US Stevie Awards.

Acrede brings together Karen's extensive experience with the latest advances in technology. By delivering a truly global HR & payroll solution, Acrede's software can be implemented quickly and cost effectively via the Software as a Service (SaaS) on demand model. Acrede combines technology with professional services and consulting, to create a "best of breed" solution. Any size of organization can take advantage of the solution, and with it's integrated business process management, global processes are unified. In addition, Acrede's on demand reporting offers valuable business intelligence directly to the desktop.

Karen Paterson commented: "Technology has developed considerably in the last ten years, and Acrede can fully harness these benefits for our clients. There is a significant opportunity for businesses to use the Cloud to reduce payroll costs and increase efficiency and accuracy, with no negative impacts on security and compliance. A blended approach is needed for global payroll, which requires integrating with an existing ERP. We have the capability not only to do this, but to also virtualize the ERP environment, thus maximizing efficiency."

Acrede provides a scalable, 'pay as you go' system, and so is cost effective for businesses of all sizes; particularly those looking to grow. It complies with the most stringent international data security and compliance standards, such as Sarbanes Oxley and Sas70 Type II, and security is further ensured via a biometric USB stick, which recognizes each individual user's fingerprint. The Acrede system is also greener because the cloud platform uses less energy, and the automation of processes and online payslips negates the need for paper.

Karen added: "Joining Acrede is an exciting step for me. It has given me the opportunity to re-enter the market with an experienced team, technology that is ahead of the game, and the ability to deliver a service that is second to none."


  • Providing a global HR & payroll platform, Acrede delivers accuracy and efficiency using cloud technology. Acrede's software can be implemented quickly and cost effectively via the Software as a Service (SaaS) model. This global solution can scale up and down, and is integrated with business process management, so can adapt and add value to the growing needs of global organizations.
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Karen Paterson

  • Karen Paterson regularly shares her perspectives as a radio guest and presenter at business conferences; encouraging her peers to strive for success and look for opportunity during turbulent economic times. 
  • She has a post graduate diploma in business administration and an MBA. She is studying for a Doctorate in Business Administration.
  • Stevie Women's Awards (USA) Entrepreneur EMEA
  • CBI Growing Business Awards - Entrepreneur of the Year
  • Fast Growth Awards - Entrepreneur of the Year

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