Paylocity

Score8.4 out of 10

1,991 Reviews and Ratings

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Paylocity

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What is Paylocity?

Paylocity provides 24/7 access to your online payroll and human resource data management. Paylocity offers highly customizable payroll functionality, as well as HR, benefits administration, and time and talent management programs.

Categories & Use Cases

Media

a view of real-time employee data and performance metrics used to uncover and analyze trends. This creates an impactful understanding of the business, increase retention, understand labor costs, and plan for changes.

where to automate manual processes with Paylocity's self-serve automation engine, Workflows. Users can implement routines for time-consuming manual tasks.

where to manage and comply with employment law. Paylocity's HR Compliance solution helps users to stay on track and view important employee compliance items, from Equal Employment Opportunity (EEO), healthcare, and compensation.

how Paylocity Recruiting can automate hiring processes. amplify outreach, showcase a company's culture, and build stronger candidate connections to swiftly fill positions.

1 / 5

Direct deposit files
Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.
Category average: 8.6
Update personal information
Employees can update personal profile with change of address, dependents, or other personal data.
Category average: 8.3
Pay calculation
Pay calculation provides for computation of employee pay with state and federal deductions.
Category average: 8.3

Candidate ranking
Candidate readiness for key business positions can be ranked and assessed.
Category average: 8
Tracking of all physical assets
Tracking of track laptops, pagers, phones, and other company equipment.
Category average: 8.2
Create succession plans/pools
Managers can create and manage pools of potentially high-performing individuals.
Category average: 8

Earnie Gill, BS HRM, SHRM-CP View profile

Chief of Staff | HR Manager in Human Resources at Centex Technologies (11-50 employees employees)

Use Cases and Deployment Scope

Paylocity is our all-in-one HRIS, Payroll, Performance Management, Compensation, Recruiting, Onboarding, Employee Lifecycle, and Compliance tool.

Pros

Accurate payroll processing.
Thorough Recruiting process.
Simplifies onboarding and all other personnel actions.

Cons

Develop a full AP/AR process that integrates with the other financial tools like payroll, expenses, etc.
Have the platform DCAA compliant and have it audited so that companies can use it as a definitive government contracting platform.
Develop an improvement that would allow for Time and Labor integration and reporting to Medicaid for service providers so they don't need multiple systems.

Return on Investment

Reduced time.
Reduced errors.
Increased workforce engagement.
Reduced costs.

Usability

Alternatives Considered

ADP Enterprise HR, Paycom, Paycor, GoCo and Rippling

Kerry Shepherd View profile

President in Finance and Accounting at Shepherd Capital Consulting (1-10 employees employees)

Use Cases and Deployment Scope

I have clients that use Paylocity as their payroll provider. I provide outsource accounting services for my clients and this includes processing payroll, from time to time, on various different platforms, Paylocity being one of those platforms. While Paylocity also offers more robust HR solutions, my client does not utilize those functions. We process payroll semi monthly.

Pros

Simple Batch creation process
Simple Batch editing process
Great customer service!!! x 10 Best of Class

Cons

Sometimes editing employee profiles are hard to navigate
changing employment status/history is hard to find
adding new rates vs editing new rates is difficult.

Return on Investment

When it comes to payroll liability, I don't like to mess with it. Reduced errors is huge!
Timely filing, we never have issues when it comes to our filings.
Payroll processing is quick and easy! huge time saver.

Usability

Other Software Used

Gusto, Patriot Payroll, ADP Streamline Payroll

Heather Christle View profile

HR Generalist in Finance and Accounting at Beacon Credit Union (201-500 employees employees)

Use Cases and Deployment Scope

We utilize Paylocity to process our payroll, track clocking in and out punches, tracking PTO, conduct performance reviews, share total reward statements in the compensation piece, 360 feeds to/from ouf 401k provider, Principal, 180 feed from our benefits platform, PlanSource, and we recently purchased the recognition and rewards piece that we plan to roll out to our staff in a couple of weeks.

Pros

Stays current on technology needs
Cutting edge on new product releases
Wonderful customer service

Cons

Figure a premium based on employees hourly rate (PTO buy-up)
Be able to decipher 401k contribution options on regular pay vs bonus pay

Return on Investment

better data-driven decision-making
reduced errors

Usability

Alternatives Considered

Paycor, ADP Streamline Payroll and Paycom

Dave Singh

HR in Human Resources at Cosmopolitan Club (51-200 employees employees)

Use Cases and Deployment Scope

Payroll processing and timekeeping recording. Looking to add benefit time tracking and HR module as well. Great for transit benefit tracking and administration along with 401k and Roth contributions. Reporting features are very good but could be simplified a bit for the end user. Mobile app is wonderful that allows punching in and out with a great geofencing restriction.

Pros

Payroll processing
Timekeeping
Transit Benefit
Reporting
401k Administration

Cons

Reporting
Benefit tracking

Return on Investment

Saves a lot of time by outsourcing payroll processing
Simple platform
Precise reporting when implemented

Usability

Alternatives Considered

ADP Global Payroll

Other Software Used

Microsoft Office 2016 (discontinued), Adobe Acrobat Reader

Verified User

Administrator in Human Resources (11-50 employees employees)

Use Cases and Deployment Scope

Payroll, Timecard, Onboarding. When we first started with Paylocity in 2017 the customer service and training was top notch. People would actually walk you through the process of how to enter time corrections on the time sheets. They would walk you through how to process payroll. Recently we added the Onboarding feature and the training process was very frustrating. Here are videos to watch and toggle back and forth from the video to the Paylocity platform to understand what steps need to be taken to complete the task. It wasn't until I expressed my frustration I was then provided with the one on one training with a Paylocity team member.

Pros

I love that when I call Paylocity I always get a live person. In the 8 years we have used them I only got a recording 1 x as they were out for an all staff training. That is very impressive.
Always great about researching my questions to see if we can add a feature and then very honest about if it will or will not work and why.
Extremely Helpful and pleasant every time I call.

Cons

I prefer to train via a phone call with a live person rather than watching a video and trying to navigate the system and watch a video to learn how to work through a process.