Patersons Names Global Payroll Executive as Vice President, World Wide Sales

Sheri Sullivan Joins Rapidly Growing Company at Time of Intense Acceleration, Market Demand


RALEIGH, NC and SALISBURY, UNITED KINGDOM--(Marketwire - Dec 13, 2011) - Patersons, a leader in cloud-based global payroll delivery providing expert solutions to customers in more than 160 countries, today announced that Sheri Sullivan, a seasoned sales leader with more than 11 years of experience in the global payroll industry has joined the company as Vice President, World Wide Sales. In this capacity, she is responsible for managing a global team that provides multi-national organizations with a SaaS-based payroll solution that standardizes processes, ensures compliance and provides the visibility and tools needed to leverage payroll data.

Prior to joining Patersons Global Payroll, Sullivan was Vice President, International Business Development, and CEO of Intercomp Global Services, a privately held company that provided payroll and HR administration services to multi-national companies. Before that, Sullivan was Director, International at Paychex, the second largest payroll provider in the world. She served as general manager, successfully opening four regional offices in Germany. She also managed all marketing functions and strategy for a $300 million division of Paychex. Earlier in her career she was a senior management consultant at The Campos Group where she spearheaded the use of web-based technologies.

Patersons CEO, Andrew Pearson, commented, "Sheri's substantial expertise in the global payroll arena makes her the ideal professional to address the needs of our clients and prospects while leading our global sales efforts. Multi-national organizations are comprised of mature and emerging markets and their global payroll requirements are equally diverse. Many organizations are turning to Patersons to reduce their reliance on multiple providers and ensure corporate oversight coupled with local execution."

At the forefront of the global payroll category, Patersons software-as-a-service based technology platform has been lauded by customers and industry analysts as the preferred alternative to costly legacy ERP systems and multi-vendor outsourced solutions.

Sullivan said, "Market demand for global payroll is significant. As other vendors are trying to address these opportunities through mergers and acquisitions, Patersons Global Payroll already has a proven SaaS solution and is ready to bring clients live now. I'm excited to be part of the team that is defining the next-generation of payroll."

Sullivan holds an Executive MBA from SUNY at Buffalo where she has been a guest lecturer on International Business topics. She conducted her undergraduate studies at the University of Illinois at Urbana-Champaign. An avid runner who has participated in triathlons, she is located in the U.S.

About Patersons

Patersons is a leader in cloud-based global payroll delivery providing expert solutions to customers in more than 160 countries. Patersons CloudPay platform combines our global payroll engine, our payroll provider partner network, workflow, analytics and managed services in a secure and compliant service that is delivered using an on-demand, SaaS-based business model. This allows organizations to consolidate and control their multi-national payroll operations using one platform. The results are increased fiscal control, streamlined processes, better visibility, increased compliance, reduced risks and reduced costs. For more information about Patersons, please visit www.patersons.com.