Paylocity is a great value for all of your payroll needs
October 20, 2022

Paylocity is a great value for all of your payroll needs

Chris Hampton | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Paylocity

We use Paylocity for onboarding, payroll and time & labor. I use it daily to quickly access any information about employees and the reporting is great. We've loved using it. The implementation process was smooth, the stock training modules are easy to assign and use and the payroll process for our bi-weekly payroll is pretty smooth and easy to use.

Pros

  • Quick and detailed responses to any issues or questions
  • Payroll process is pretty quick and easy
  • Mobile app is also a plus for ease of use

Cons

  • The reporting can be a little clunky and could use some improvements
  • The integration between time & labor and payroll could be a little smoother
  • The quickpay payroll entry screen could use some improvement
  • We saved $13,000 per year over our previous payroll provider and got a much better product
  • It has reduced the time spent on time tracking and payroll entry and processing
  • Errors in deductions have been greatly reduced because of provided integrations with benefits provider and 401K provider
Our greatest benefit has been the automation provided by the integrations with benefits and 401K. We aren't using it for scheduling.
We haven't used those but have been considering implementing.
We switched from Paychex Flex because the cost seemed to be going up and up and the interface wasn't very good. Paycor and Paylocity both provided a much better looking interface and ease of use. It was a close call when evaluating whether to go with Paycor or Paylocity but we've been very happy with Paylocity

Do you think Paylocity delivers good value for the price?

Yes

Are you happy with Paylocity's feature set?

Yes

Did Paylocity live up to sales and marketing promises?

Yes

Did implementation of Paylocity go as expected?

Yes

Would you buy Paylocity again?

Yes

Paylocity is a great fit for a small business such as ours and I'd imagine it would be for a larger business as well. We've really enjoyed and the integrations it provides to the health and benefits platform that our benefits broker uses. It also integrates well with our 401K provider. The integrations provided make for a lot less entry into various systems and websites. Everyone has really enjoyed the experience with Paylocity over our previous payroll provider.

If your company will need to build a lot of custom reports, that is one area where Paylocity could definitely use some improvement. The custom report writer is clunky and hard to use. The stock reports are adequate for our needs and they built a couple of custom reports for us during implementation that we use after each payroll. As long as you don't need custom reports frequently, you should be fine.

Paylocity Feature Ratings

10.0
Employee demographic data
10
Employment history
10
Job profiles and administration
10
Workflow for transfers, promotions, pay raises, etc.
10
Organizational charting
10
Organization and location management
10
Compliance data (COBRA, OSHA, etc.)
10
10.0
Pay calculation
10
Support for external payroll vendors
10
Off-cycle/On-Demand payment
10
Benefit plan administration
Not Rated
Direct deposit files
10
Salary revision and increment management
10
Reimbursement management
Not Rated
10.0
Approval workflow
10
Balance details
10
Annual carry-forward and encashment
10
10.0
View and generate pay and benefit information
10
Update personal information
10
View job history
10
View company policy documentation
10
Employee recognition
Not Rated
Not Rated
Tracking of all physical assets
Not Rated
7.5
Report builder
7
Pre-built reports
8
Ability to combine HR data with external data
Not Rated
Integration with other HR capabilities ()
Not Rated
Not Rated
Performance plans
Not Rated
Performance improvement plans
Not Rated
Review status tracking
Not Rated
Review reminders
Not Rated
Multiple review frequency
Not Rated
Not Rated
Create succession plans/pools
Not Rated
Candidate ranking
Not Rated
Candidate search
Not Rated
Candidate development
Not Rated
10.0
New hire portal
10
Manager tracking tools
Not Rated
Not Rated
Corporate goal setting
Not Rated
Individual goal setting
Not Rated
Line-of sight-visibility
Not Rated
Performance tracking
Not Rated
Not Rated
Job Requisition Management
Not Rated
Company Website Posting
Not Rated
Publish to Social Media
Not Rated
Job Search Site Posting
Not Rated
Duplicate Candidate Prevention
Not Rated
Applicant Tracking
Not Rated
Notifications and Alerts
Not Rated

Comments

  • Hannah Elger | TrustRadius Reviewer
    Hannah Elger
    (Vendor Representative) commented 2 years ago
    Thank you for your feedback! We love our clients and are always happy to hear that our products are helping you be successful and achieve your goals. If you'd like to discuss your experience further, we'd love to hear from you at PCTYAdvocate@paylocity.com.

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