Paylocity

Cloud-based payroll and human capital management software designed for growing mid-sized businesses.

Paylocity is a leading provider of cloud-based human capital management and payroll software designed for mid-sized organizations across various industries. Serving as a primary alternative to ADP Workforce Now, Paylocity unifies payroll, HR, talent management, benefits administration, time tracking, and employee engagement into a single web-based portal. Main payroll features include automated wage calculations, direct deposit processing, tax withholding management, multi-state payroll support, and garnishment administration. The system performs automatic pre-payroll checks to identify discrepancies before funds are disbursed, minimizing costly payroll errors. HR capabilities encompass paperless employee onboarding, digital document retention, performance management, and benefit enrollment workflows. Through the self-service employee portal, staff members can review pay stubs, request time off, and modify personal details without burdening human resource personnel. Time tracking functionality allows managers to oversee employee schedules, track overtime, and collect punch data through physical clocks, desktop portals, or mobile devices equipped with geofencing technology. Construction-specific benefits cater to contractors needing certified payroll reporting, prevailing wage tracking, job costing, and union pay structure management. This enables construction companies to assign labor costs to specific job sites while maintaining compliance with Davis-Bacon Act requirements. Payroll compliance is maintained through automated federal, state, and local tax filings. Paylocity handles ACA reporting requirements, equal employment opportunity compliance, and legislative updates automatically. Integrations are supported through extensive API connections with leading accounting suites, ERP platforms, expense platforms, and 401k providers. Mobile app functionality provides employees and managers with full mobile access to pay information, timecards, shift scheduling, training materials, and company announcements. Reporting features include configurable dashboards, real-time analytics, and custom report builders that yield critical actionable insights regarding turnover, labor allocation, and total compensation costs. Customer support is delivered via dedicated account specialists, an extensive knowledge library, and continuous platform training options. Pricing overview follows a custom quote model tailored to each company's size, selected modules, and deployment scale, generally structured on a per-employee per-month basis. Pros of Paylocity include an intuitive user interface, comprehensive mobile access, strong time-tracking tools, robust API integrations, and vibrant employee engagement features. Cons include customized pricing tiers that can become expensive, complex setup procedures for customized reports, and occasional support queue delays during tax season. Ideal business size ranges from mid-market companies to growing enterprise organizations, particularly those with 50 to 2,000 employees looking for a modernized workforce management solution.