As a business owner, managing payroll and human resources can be overwhelming. Paylocity is a cloud-based HR and payroll software that streamlines and simplifies these tasks.
This Paylocity review will discuss its features, pros, cons, pricing plans, and comparison with competitors to help you make an informed decision.
Overview.
Paylocity is a web-based platform that offers comprehensive payroll and HR solutions to businesses of all sizes.
Founded in 1997, Paylocity has grown to become one of the leading payroll and HR software providers in the US, serving over 30,000 organizations.
The platform offers a variety of features that automate HR and payroll tasks, making it easier for business owners and HR managers to manage their workforce.
Features of Paylocity.
Paylocity provides a suite of HR and payroll features to help businesses manage their employees, including:
- Payroll Management: Paylocity offers a full range of payroll processing features, including direct deposit, tax management, wage garnishment, and benefits administration.
- Time and Attendance Tracking: Paylocity provides time and attendance tracking features that enable businesses to manage employee hours and track overtime.
- HR Management: Paylocity offers HR management features that enable businesses to manage employee information, track employee performance, and manage employee benefits.
- Benefits Administration: Paylocity offers benefits administration features that enable businesses to manage employee benefits, including health insurance, 401(k) plans, and flexible spending accounts.
- Employee Self-Service: Paylocity provides employee self-service features that allow employees to access their pay stubs, benefits information, and time-off requests online.
- Mobile App: Paylocity offers a mobile app that enables businesses to manage payroll and HR tasks on the go.
Pros of Paylocity.
Paylocity offers several advantages to businesses, including:
Ease of Use: Paylocity is easy to use and navigate, making it ideal for businesses with minimal HR and payroll experience.
Comprehensive Features: Paylocity offers a wide range of features that cater to businesses of all sizes and industries.
Customer Support: Paylocity provides excellent customer support, including phone and email support, online training resources, and a knowledge base.
Integration with Other Software: Paylocity integrates seamlessly with other software, including accounting software, time and attendance systems, and employee benefits providers.
Reporting Capabilities: Paylocity provides robust reporting capabilities, enabling businesses to generate payroll reports, HR reports, and other custom reports.
Cons of Paylocity.
Paylocity has a few drawbacks, including:
Cost: Paylocity can be expensive, especially for small businesses with limited HR and payroll budgets.
Learning Curve: Paylocity has a learning curve, which can be challenging for businesses with little HR and payroll experience.
Customer Reviews.
Paylocity has received mixed customer reviews, with some customers praising its features and customer support, while others criticize its cost and technical issues. Here are a few examples:
Positive Reviews:
“Paylocity has made payroll processing and HR management a breeze for our business. The software is easy to use, and their customer support is excellent.”
“I love the reporting capabilities of Paylocity. We can generate custom reports and get a better understanding of our business performance.”
Negative Reviews:
“Paylocity’s cost is high compared to other payroll software providers, and their technical issues have caused delays in our payroll processing.”
“We found Paylocity’s customization options limited and not suitable for our business needs.”
Comparison with Competitors.
Paylocity competes with other payroll and HR software providers such as Gusto, ADP, and Paychex. Here is a comparison of Paylocity with its competitors:
Gusto: Gusto is a cloud-based payroll and HR software that offers a similar range of features to Paylocity. Gusto is more affordable than Paylocity, making it an ideal option for small businesses. However, Gusto’s customization options are limited compared to Paylocity.
ADP: ADP is a popular payroll and HR software provider that offers more advanced features than Paylocity, making it suitable for larger businesses. However, ADP’s cost is higher than Paylocity, and it can be challenging to navigate for businesses with minimal HR and payroll experience.
Paychex: Paychex is a cloud-based payroll and HR software provider that offers a variety of features to manage payroll and HR tasks. Paychex is more affordable than Paylocity and offers customizable solutions to cater to unique business needs.
Pricing Plans.
Paylocity’s pricing plans vary based on business size and needs. The pricing plans include a setup fee and a monthly subscription fee. Here is an overview of Paylocity’s pricing plans:
Overview of Pricing: Paylocity’s pricing plans range from $2 to $4 per employee per month, depending on the plan and the number of employees.
Comparison of Plans: Paylocity offers four pricing plans, including the Essential Plan, the Web Pay Plan, the Web Pay Plus Plan, and the HR & Payroll Plan. The plans differ in features and pricing.
Additional Fees: Paylocity charges additional fees for services such as W-2 printing, tax filing, and new hire reporting.
Conclusion.
Paylocity is a comprehensive payroll and HR software provider that offers a range of features to manage HR and payroll tasks. It provides excellent customer support and robust reporting capabilities.
When compared to its competitors, Paylocity offers unique features and pricing plans that cater to businesses of all sizes. Overall, Paylocity is an excellent option for businesses looking to simplify HR and payroll tasks.
