Paylocity

Paylocity Holding Corporation (Nasdaq: PCTY) is a leading provider of cloud-based payroll and human capital management (HCM) software solutions for mid-sized organizations. Founded in 1997 and headquartered in Schaumburg, Illinois, Paylocity offers an intuitive, easy-to-use product suite that helps businesses tackle today's HR challenges while moving them toward the promise of tomorrow.

Paylocity's comprehensive platform includes modules for:

• Payroll processing and tax management

• Time and attendance tracking

• Benefits administration

• Recruiting and onboarding

• Performance management

• Learning management

• Employee engagement and collaboration

The company's mobile-responsive software enables employees to access pay information, request time off, enroll in benefits, and more through self-service portals. Paylocity also offers expense management features, on-demand pay options, and robust reporting and analytics capabilities to help businesses make data-driven decisions.

As of June 2023, Paylocity served over 36,200 clients. The company has seen strong growth, with fiscal year 2023 total revenue reaching USD 1.17 billion, up 38% year-over-year. Paylocity continues to invest in product innovation, recently launching new offerings like Advanced Scheduling, Learning Management, and Market Pay. The company has been recognized as a leader in HCM technology by analyst firms and was named the #1 HR software solution by G2 Crowd.