Paylocity

An online payroll and human resource management software with talent and benefits administration.

Product Overview

Paylocity is an online payroll and HCM solution. The single web-based platform can streamline payroll processes, automate daily HR tasks, improve the accuracy of time tracking, and more. Additionally, it offers a unified dashboard for handling HRIS, payroll, timekeeping, and admin tasks from a single location. Paylocity also integrates with various HR, business, or accounting systems.

Pros

  • Helps with tax compliance
  • Allows for direct deposit
  • System is straightforward and easy to use

Cons

  • Pricing not provided by the developer
  • Difficult to retrieve some tax information
  • Customer support can be difficult to reach

Target Market

Numerous industries including legal, healthcare, hospitality, manufacturing, retail, and nonprofits with 200 to 10,000+ employees.

Video Overview

Paylocity Features

Payroll

  • New hire and quick-edit templates
  • Employee action forms
  • Custom checklists
  • Pre-process register
  • Configurable frameworks
  • Data integration

Human Resources

  • View position level data
  • Track headcount and status for each position
  • Predict future changes in staff vacancies
  • Self-service portal
  • Reports and analytics

Time and Labor

  • Geofencing parameters
  • Time clock kiosks
  • Mobile accessibility
  • Attendance points
  • Scheduling
  • Reports and dashboards

Benefit Admin Technology

  • Manage benefit elections
  • Promote values of offered plans
  • Analyze data via reports

Talent Management

  • Peer recognition
  • Surveys
  • Recruiting
  • Applicant tracking
  • Compensation management

Engagement

  • Social collaboration
  • Employee engagement initiatives
  • Peer recognition

Reports

  • Detailed reports on payroll processing (pay stubs, tax filings, deductions)
  • Employee benefits enrollment and participation
  • Cost analysis of benefits programs
  • Employee hours worked, attendance, overtime
  • ACA compliance reports
  • Time-to-hire, source of hire, onboarding completion rates
  • Customizable HR and payroll reports

Product Overview

Developer Overview

  • Name Paylocity
  • Year Founded 1997
  • Headquarters Arlington Heights ,Illinois ,USA
  • Type Public (NASDAQ: PCTY)
  • Est. Size 1k-5k employees
  • Est. Revenue $200M-$1B

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