CloudRock

HCM & FMS Implementation and Digital Transformation

Sector

  • Technology

Region

  • London

Date of investment

  • May 2024

Team Members

Contributing Sustainable Development Goals

We are excited to partner with a forward-thinking investor with a proven track record of success, that understands our sector and could clearly evidence how they would help CloudRock evolve to the next level. Together, we have outlined our ambition to rapidly scale and create a leading international transformation partner, as the largest independent advisory operating on a global basis in the HR and Finance space. We are all looking forward to working collaboratively with GCP as we embark on this exciting phase of growth.

Minos Ataliotis,

Founder & CEO

Background

CloudRock, founded in 2017, is a global leader in client-side Enterprise Resource Planning (“ERP”) advisory, implementation, and managed services, providing advice and support to global enterprises as they digitally transform their HR and finance functions.

With offices in London, Lisbon, Mumbai, Sydney, and New York, CloudRock is one of a small number of global Workday partners and has partnerships with other established ERP vendors, including ServiceNow, Oracle, and Dayforce. It has been recognised as one of the FT’s 1000 Fastest Growing Companies in 2023 across Europe.

Our investment partnership

Led by CEO, Minos Ataliotis and COO, Ani Kyriacou, CloudRock has nurtured a reputation as a key partner to the world’s largest ERP software vendors, ensuring it is recognised as a leader in implementation and optimisation services for enterprise clients.  

The business has differentiated itself in the growing ERP digital transformation market, and the ambitious management team has built the foundations for the next stage of growth to become a globally recognised technology leader.

We look forward to sharing our experience and supporting the management team through this exciting phase of CloudRock’s growth journey.

Strategic support through our Growth Toolkit

Over the life of our investment, we will closely support the CloudRock team with strategic growth initiatives, leveraging our Growth Toolkit and Network:

Strategic Clarity

Business Shape
  • Strategy
    • Supporting with the evolution of strategy, KPIs, and responsibilities across the management team
  • International Expansion
    • Investment in international expansion, leveraging key technology partnerships and talent
Proposition
  • Product Strategy
    • Further alignment with Workday initiatives to support growth outside the US and across the SME market

Accelerating Growth

Commercial
  • Sales/GTM
    • Evolution of the sales playbook and account management strategy

People & Organisation

Leadership
  • Senior Team
    • Development of a wider board including experienced Non-Exec Directors
    • Key senior leadership recruitment
  • Org Structure
    • Evolution of core systems and organisational reporting lines as the business scales
Talent & Culture
  • Recruitment Engine
    • Supporting the continued investment in recruiting the best talent across geographies
  • L&D
    • Investing in L&D talent and strategy

Platform for Success

Finance and Operations
  • Finance Function
    • Development of the finance function to bring key processes in-house
  • Operating Systems
    • Implemented Workday within CloudRock to improve MI and reporting