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Brand: Paylocity
Paylocity is a cloud-based HR and payroll management solution that streamlines time tracking, performance reviews, goal management, and employee self-service. Its intuitive dashboard and mobile access enhance efficiency for businesses of all sizes. ...Read more
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Features
Payroll Management Compliance Management Time, Attendance & Leave Management Employee Self-Service (ESS) Employee Lifecycle Management See all 
Payroll Management
Overtime Management Track and manage employee overtime with automated compliance and pay adjustments. Direct Deposit Enable secure and timely direct deposit payments for employee payroll. Automated Payroll Automate payroll runs with accurate calculations and deductions. Off-Cycle Payroll Processing Run special payrolls outside regular cycles, such as bonuses or corrections. Multiple Pay Rates and Schedules Support for varying pay rates, shifts, and employee schedules. Bonus and Incentive Management Process bonuses, commissions, and performance-based incentives easily. Variable Pay & Commission Management Handle dynamic compensation structures with built-in tools. Expense Reimbursements Automates employee expense reimbursement processing. Tax Deductions Automate federal, state, and local tax deductions with up-to-date compliance. Employee Benefits Management Track and manage employee benefit deductions and contributions. 401(k) Management Administer 401(k) plans with automated contributions and reporting. Compliance Management
Income Tax Management Ensure accurate tax withholding and filings across jurisdictions. State-Specific Compliance Adapts to varied state laws and regulations. Affordable Care Act (ACA) Compliance Track employee eligibility and generate ACA forms to ensure compliance. 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 Track usage and balances for sick leave and vacation time. Attendance Tracking Monitor employee attendance and integrate with payroll. Leave Policy Customization Create custom leave policies based on company or region-specific rules. Holiday & Leave Calendar Manage company-wide holidays and employee leave schedules. Employee Self-Service (ESS)
Pay Stub Access Employees can securely view and download pay stubs online. Expense Claims Submit, track, and approve reimbursement claims directly through ESS. Tax Planner Allows employees to plan and estimate tax deductions. Employee Lifecycle Management
Employee Database Centralized employee records for streamlined HR processes. Document Management Securely store, access, and manage employee documents. Employee Shift Scheduling Build and manage employee shift schedules with real-time visibility. Final Paycheck Processing Processes final payments for departing employees. Banking Integration & Payment Processing
Bank Transfer Files Generate compliant transfer files for direct deposit and vendor payments. Payroll Deposit Scheduling Schedule and automate payroll fund transfers to employee accounts. Check Processing Processes payroll payments by check if required. Multi-Bank Support Supports payroll deposits with multiple banks. Automation and Customization
Alerts & Notifications Set up real-time alerts for key payroll and HR events. API Access Integrate Paylocity with external systems using secure API connections. Scheduled Payroll Processing Automate recurring payroll runs based on schedule. Custom Payroll Rules and Policies Tailor payroll logic to match your business rules. Configurable Workflows & Approvals Customize approval workflows for HR, time, and pay processes. Security and Data Privacy
User Access Management Manage permissions and access by role or department. Two-Factor Authentication (2FA) Add an extra layer of login security for all users. Data Backup and Recovery Ensure secure backup and rapid data recovery options. Encrypted Data Transmission Protect sensitive data with end-to-end encryption. Audit Logs and Monitoring Track system activity with detailed logs for compliance audits. Integrations
API Integration Connect Paylocity with other business platforms via robust API support. Performance Management Sync performance data across HR and payroll systems. Third Party Integration Seamlessly connect with third-party apps for extended functionality. 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 Generate detailed payroll summaries, costs, and audit logs. Compliance Reports Stay compliant with up-to-date labor and tax reporting tools. Leave and Attendance Reports Get insights into employee leave, trends, and attendance. Employee Master Report View comprehensive employee data in a centralized report.
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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.” Nitya - Jul 3, 2024
“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
“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
“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
“The interface could use some improvements, as navigating through different sections isn’t always straightforward. ” Ashish Anand - Oct 2, 2024
Verified reviewer:
Accountant, Accounting
101-500 Employees
Software user since: 1-2 years
Reviewed on: Jun 6, 2024
Verified reviewer:
Accountant, Accounting
101-500 Employees
Software user since: 1-2 years
Reviewed on: Oct 2, 2024
Verified reviewer:
Accountant, SAAS
101-500 Employees
Software user since: 1-2 years
Reviewed on: Jul 3, 2024
| 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 |
India
USA
