Paylocity Overview

Paylocity is a comprehensive cloud-based human capital management (HCM) and payroll software solution. It streamlines HR processes, payroll management, and workforce operations, offering businesses an all-in-one platform to manage their employees effectively and efficiently.

Key Features of Paylocity

Payroll Processing: Automate payroll calculations, tax filings, and direct deposits with ease.
Time and Attendance Tracking: Monitor employee hours, manage schedules, and ensure accurate time reporting.
HR Management: Centralize employee data, streamline onboarding, and manage performance reviews.
Benefits Administration: Simplify benefits enrollment, track eligibility, and manage employee benefits packages.
Talent Management: Recruit, onboard, develop, and retain top talent with integrated tools and workflows.

What Makes Paylocity Unique

Data Insights and Analytics: Advanced reporting and analytics tools to drive strategic decision-making.
Compliance Management: Built-in compliance features to help businesses stay up-to-date with changing regulations.
Flexible Pay Options: Offers on-demand pay and other modern payment methods to enhance employee satisfaction.
Community Plus: Social collaboration tools to improve employee engagement and communication.

Is Paylocity Right for Me?

Paylocity is ideal for mid-sized to large businesses seeking a comprehensive, modern HCM solution. It's particularly suited for companies looking to streamline their HR processes, improve employee engagement, and gain actionable insights from their workforce data.

Signs You Need Paylocity

You're struggling with manual HR processes

Spending excessive time on payroll processing
High error rates in time tracking and attendance
Difficulty managing employee data across multiple systems

When Paylocity Isn’t the Right Fit

You're a very small business with simple HR needs

Less than 10 employees
No complex benefits or time tracking requirements

Customizing Paylocity

Modular Approach: Choose and implement only the modules you need, scaling as your business grows.
Configurable Workflows: Tailor processes to match your specific business requirements and approval chains.
Custom Fields and Forms: Create custom data fields and forms to capture organization-specific information.
Integration Capabilities: Connect Paylocity with other business systems through APIs and pre-built integrations.
Branding Options: Customize the look and feel of the platform to match your company's branding.

Is Paylocity Worth It?

Paylocity delivers value for mid-sized to large businesses seeking a comprehensive HR and payroll solution with modern features and robust reporting capabilities. Its all-in-one platform can streamline operations, improve employee engagement, and provide valuable insights for strategic decision-making. For smaller businesses with basic HR needs or those already heavily invested in a different HR ecosystem, Paylocity's advanced features and pricing structure might not align with their requirements.

How Much Does Paylocity Cost?

Pricing is one of the most important evaluation factors when buying software. We have pricing insights contributed by current and former customers of Paylocity to help you make the best purchasing decision for your use case.

See what Paylocity costs

Competitors to Paylocity

Vendor	Reasons to Consider	Best For
Gusto	User-friendly interface, strong payroll features, and benefits administration	Small to medium-sized businesses, startups looking for an easy-to-use solution
UKG	Comprehensive HCM suite with advanced workforce management capabilities	Large enterprises with complex workforce management needs
Personio	Strong focus on European market, all-in-one HR software for SMEs	European companies looking for a localized HR solution
Rippling	Unified platform for HR, IT, and Finance with strong automation capabilities	Tech-savvy companies looking to streamline employee management across departments
ADP	Extensive payroll experience, global reach, and scalability	Large multinational corporations with complex payroll needs
Workday	Comprehensive HCM and financial management suite with strong analytics	Large enterprises seeking an integrated HCM and financial solution

Open Source Alternatives to Paylocity

Projects	Reasons to Consider	Best For
OrangeHRM	Comprehensive open-source HR management system with modules for various HR functions	Small to medium-sized businesses looking for a customizable HR solution without high costs
TimeTrex	Focuses on time and attendance tracking with basic payroll capabilities	Small businesses primarily needing time tracking and basic payroll functions
Odoo HR	Part of a larger ERP suite, offering integrated HR management capabilities	Companies already using or considering Odoo for other business functions