Paylocity Software Pricing, Features & Reviews

What is Paylocity?

Paylocity is a Cloud-based human resource and payroll management solution for small, mid-sized and large businesses. Its service encompasses multiple industries including finance, healthcare, non-profit, hospitality, retail, transport, logistics and more.

The HR software is equipped with an intuitive dashboard of its own that offers detailed insights on key metrics, and hence, enables organizational managers to detect trends and make smart decisions in real-time.

Paylocity offers a two-way communication system that is backed by relevant journals and reviews, facilitating greater levels of performance monitoring. This gives organizations to offer a 24/7 self-service platform to their employees, enabling them to update data, punch their clock-in and out time, view checks and collaborate with other members within their team.

How does the Performance Management module offered by Paylocity, enhance employee performance for your enterprise?

The Performance Management module facilitates enterprises with a 2-way communication system, ensuring better performance reviews and talent management.

Goal Management: Organizations can run full-scale meetings with their staff before agreeing on particular goals or objectives. This enables employees to work towards a predefined goal with full visibility, which causes managers to evaluate performance and appraisals in a unified manner.
Performance Reviews: With the 9-Box Succession Planning tool, managers can generate and define success factors, unique score points to evaluate the readiness and potential of an individual employee for their next role. The software also allows employees to self-appraise themselves and actively take part in the evaluation process.
Full-Scale Feedback: Organizations can use journals to facilitate multiple goal-driven conversations. It offers an intuitive record of all the tasks, accomplishments and goals of individual employees on a single platform. Further, a 360-degree view can be initiated by collecting feedback from colleagues or co-workers.

Pricing of Paylocity

Paylocity price details are available on request at techjockey.com.
The pricing model is based on different parameters, including extra features, deployment type, and the total number of users. For further queries related to the product, you can contact our product team and learn more about the pricing and offers.

Benefits of Paylocity

Time Tracking: Organizations can track employees' attendance, time and labor in an automated manner, eliminating manual processes and potential data loss or mishandling.
Customized Tools: Managers can perform a variety of tasks on their own that include adding the enrollment rules, customized benefits packages for different employee segments, view employee vs employer cost-share, documentation and so on.
Upgradation: The system offers third party benefit options such as access to plan information, mobile enrollment, in-app notifications, and identification credentials.
Mobile App: Users can log-in to the system on the go and access a multitude of features including managing contact details, access reports, payroll management, respond to requests, manage expense reports and many more.

Paylocity Pricing & Plans

Paylocity price is available on request

Looking for pricing details, customization requirements or have other queries? We are just a click away.

Paylocity Features

Payroll Management

Overtime Management Tracks and calculates overtime hours for payroll.
Direct Deposit Transfers salaries directly to employees’ bank accounts.
Automated Payroll Automatically calculates and processes employee payroll.
Off-Cycle Payroll Processing Manages unscheduled payrolls for bonuses and adjustments.
Multiple Pay Rates and Schedules Supports varied pay rates and customizable pay cycles.
Bonus and Incentive Management Configures and distributes employee bonuses.
Variable Pay & Commission Management Manages variable compensation like commissions.
Expense Reimbursements Automates employee expense reimbursement processing.
Tax Deductions Calculates pre-tax and post-tax deductions accurately.
Employee Benefits Management Administers health, retirement, and other benefits.
401(k) Management Manages retirement contributions for employee 401(k) plans.

Compliance Management

Income Tax Management Automates federal and state income tax calculations.
State-Specific Compliance Adapts to varied state laws and regulations.
Affordable Care Act (ACA) Compliance Tracks and reports ACA-mandated health benefits.
FICA Compliance Manages Social Security and Medicare contributions.
State and Local Tax Compliance Ensures compliance with local tax regulations.
Statutory Reporting Generates mandatory compliance reports for regulators.

Time, Attendance & Leave Management

Paid Time Off (PTO) Management Tracks paid leave balances and accruals.
Sick Leave and Vacation Tracking Monitors sick leave and vacation days.
Attendance Tracking Records employee attendance accurately.
Leave Policy Customization Customizes leave policies to meet company needs.
Holiday & Leave Calendar Maintains a calendar for holidays and leave tracking.

Employee Self-Service (ESS)

Pay Stub Access Provides employees with digital access to pay stubs.
Expense Claims Employees submit expense claims for reimbursement.
Tax Planner Allows employees to plan and estimate tax deductions.

Employee Lifecycle Management

Employee Database Centralized repository for employee data.
Document Management Stores and organizes employee documents.
Employee Shift Scheduling Manages and schedules employee shifts.
Final Paycheck Processing Processes final payments for departing employees.

Banking Integration & Payment Processing

Bank Transfer Files Prepares files for efficient bank transfers.
Payroll Deposit Scheduling Schedules payroll deposits on payday.
Check Processing Processes payroll payments by check if required.
Multi-Bank Support Supports payroll deposits with multiple banks.

Automation and Customization

Alerts & Notifications Sends automatic alerts for payroll activities.
API Access Integrates payroll data with other systems using APIs.
Scheduled Payroll Processing Automates payroll cycles based on schedules.
Custom Payroll Rules and Policies Configures payroll rules to fit policies.
Configurable Workflows & Approvals Set workflows for payroll approvals.

Security and Data Privacy

User Access Management Controls user access to sensitive payroll data.
Two-Factor Authentication (2FA) Adds 2FA for enhanced login security.
Data Backup and Recovery Secures data with backup and recovery options.
Encrypted Data Transmission Protects payroll data with encryption.
Audit Logs and Monitoring Monitors system access and activities.

Integrations

API Integration Connects payroll to external systems via API.
Performance Management Links payroll with employee performance metrics.
Third Party Integration Integrates payroll with third-party applications.
Accounting Software Syncs payroll with accounting systems seamlessly.
HRIS (Human Resources Information System) Integrates with HRIS for unified data.
Payment Gateway Enables payroll through secure payment gateways.
Biometric Integration Connects with biometric systems for attendance.

Reporting and Analytics

Payroll Reports Provides detailed payroll reports for analysis.
Compliance Reports Generates reports for regulatory compliance.
Leave and Attendance Reports Tracks leave and attendance trends.
Employee Master Report Comprehensive report of employee details.

Paylocity Specifications

Supported Platforms :
Device:
Deployment :
Suitable For :
Business Specific:
Business Size:
Customer Support:
Training:
Language:

Ubuntu Windows MacOS Linux
Desktop
Web-Based
All Industries
All Businesses
Small Business, Startups, Medium Business, Enterprises
Email, Communities
Videos
English

Paylocity Reviews

Have recommended this product

Overall Score

3.8/5

Based on 12 Reviews

Features 3.8/5

Value for Money 3.7/5

Ease of Use 3.9/5

Customer Support 3.9/5

Review this product

Your valuable feedback helps others like you make a better decision.

Pros

pros_icon “Paylocity’s integration of time tracking with payroll processing has been a great help. It cuts down on manual work and makes payroll much faster and more accurate.” Nitya - Jul 3, 2024

pros_icon “The ability to customize payroll reports is excellent. We can easily adjust the reports to fit the specific needs of our business, which allows us to get the exact data we need.” Sunita Khurana - Jun 21, 2024

Cons

cons_icon “While the software offers many features, learning how to use it efficiently takes a bit of time. Navigation isn’t always intuitive. ” Veeraraghavulu Gubba - Oct 3, 2024

cons_icon “Getting used to the different functions took some time, especially for team members who weren’t familiar with similar systems. ” Ishika Bisht - Oct 2, 2024

cons_icon “The interface could use some improvements, as navigating through different sections isn’t always straightforward. ” Ashish Anand - Oct 2, 2024

Deepak Kumar

Verified reviewer:

Accountant, Accounting

101-500 Employees

Software user since: 1-2 years

Reviewed on: Jun 6, 2024

4/5

“Great for Payroll Accuracy and Managing Benefits”

We’ve been using Paylocity for payroll and benefits management, and it’s been a reliable solution for those tasks. The payroll runs accurately, and we’ve had fewer errors since switching. Managing employee benefits through the platform is also very convenient. The only issue is that the design could be more intuitive, making it easier to navigate.

Pros : The accuracy in payroll processing and the ability to manage benefits within Paylocity has made a big difference for our company. We no longer have to worry about mistakes in payroll, and the benefits tracking is very helpful.

Cons : The platform’s design could be more intuitive, as some features are harder to find than they should be.

Switched from : PayEdge

Reason to switch : Paylocity offered better payroll accuracy and benefits management than Paycor, which was key for us.

Features

4.5/5

Value for Money

3.5/5

Customer Support

4/5

Ease of Use

4/5

ishika bisht

Verified reviewer:

Accountant, Accounting

101-500 Employees

Software user since: 1-2 years

Reviewed on: Oct 2, 2024

4.2/5

“Useful for HR and Payroll in One Package”

We’ve been using Paylocity for both HR and payroll, and it’s been helpful to manage everything in one platform. The ability to track employee information, time off, and payroll in a single system has made things much easier. The downside is that there’s a learning curve when it comes to understanding how to use all the features.

Pros : Paylocity brings together HR and payroll functions, which has been very convenient for managing both aspects of the business in one place. It has cut down on the time we spend switching between platforms.

Cons : Getting used to the different functions took some time, especially for team members who weren’t familiar with similar systems.

Switched from : UltiPro HRMS

Reason to switch : Paylocity offered a better combination of HR and payroll tools compared to Workday, which helped with our decision.

Features

4/5

Value for Money

4.5/5

Customer Support

4.5/5

Ease of Use

4/5

Nitya

Verified reviewer:

Accountant, SAAS

101-500 Employees

Software user since: 1-2 years

Reviewed on: Jul 3, 2024

3.7/5

“Efficient Time Tracking and Payroll Integration”

We started using Paylocity to streamline our time tracking and payroll processes, and it’s been very effective at doing that. The system automatically calculates hours and integrates with payroll without us having to manually input data. The only downside is that the system’s layout could be more user-friendly.

Pros : Paylocity’s integration of time tracking with payroll processing has been a great help. It cuts down on manual work and makes payroll much faster and more accurate.

Cons : The interface can be confusing, especially for those who are new to using the system. It takes time to fully understand where all the features are located.

Switched from : GEN Payroll

Reason to switch : Paylocity offered better payroll integration compared to TSheets, which was a major factor in our decision.

Features

4/5

Value for Money

3.5/5

Customer Support

4/5

Ease of Use

3.5/5

See all Paylocity reviews

Paylocity Company Details

Brand Name	Paylocity
Information	Paylocity is a provider of cloud-based payroll and human capital management (HCM) software solutions.
Founded Year	1997
Director/Founders	Steve Sarowitz
Company Size	1000+ Employees