Accurate payroll with Paylocity
February 07, 2023

Accurate payroll with Paylocity

Anne Schafroth | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with Paylocity

We use Paylocity for HR, Payroll, Onboarding, and Benefits. With major growth, Paylocity onboarding makes it easy for us to set up our new hires and go thru the Everify process. Their I-9's are completed during onboarding as well. Once we bring them over into HR & Payroll, they are ready to go for the first payroll. We have automatic feeds with our benefit providers, including medical, dental, vision, HSA and FSA accounts, and 401k.
  • Taxes - we rarely have an issue with tax payments and tax filings
  • Check calculator - employees can see how a change might affect their net pay
  • Benefits reporting is user friendly
  • It is difficult to get some reporting completed, and custom reports take a long time to create and modify.
  • There is no option to prevent W4 changes when a lock in letter is received.
  • Consistent and accurate payroll and tax filings
  • Payroll is easy to run and reports are returned quickly
Payroll is almost completed automated for Origami Risk. We do not use time tracking but if we did, that would make payroll even more automated.
We do use surveys frequently, especially with new hires and voluntary terminations. We use Slack for instant messaging, and our users do not log into Community frequently.
Paylocity is easier to navigate than Ceridian, but some things are not available to the user. It is reliable for payroll processing and accuracy. PeopleSoft is much easier to make adjustments to wages and taxes, but that is also an area where errors and/or fraud could be an issue. ADP is quite accurate and reliable, but offers less flexibility.

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?

I wasn't involved with the selection/purchase process

Did implementation of Paylocity go as expected?

I wasn't involved with the implementation phase

Would you buy Paylocity again?

Yes

Navisite Productivity and Collaboration (Microsoft Office 365 and MDM), Zoom, Slack
Paylocity's payroll features are accurate and easy to use. They could be better with a little more updating and functionality. The benefits module is very user friendly, but sometimes benefit calculations need to be adjusted when changes occur at the end of a pay period. It would be great if Paylocity set up users as supervisors when they became supervisors - in other words, when you get a direct report, it would be great if Paylocity automatically updated your access to a supervisor level.

Paylocity Feature Ratings

Employee demographic data
8
Employment history
8
Job profiles and administration
6
Workflow for transfers, promotions, pay raises, etc.
6
Organizational charting
4
Organization and location management
6
Compliance data (COBRA, OSHA, etc.)
Not Rated
Pay calculation
10
Support for external payroll vendors
8
Off-cycle/On-Demand payment
10
Benefit plan administration
10
Direct deposit files
10
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Approval workflow
Not Rated
Balance details
Not Rated
Annual carry-forward and encashment
Not Rated
View and generate pay and benefit information
10
Update personal information
9
View job history
9
View company policy documentation
10
Employee recognition
8
Tracking of all physical assets
Not Rated
Report builder
6
Pre-built reports
8
Ability to combine HR data with external data
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
Create succession plans/pools
Not Rated
Candidate ranking
Not Rated
Candidate search
Not Rated
Candidate development
Not Rated
New hire portal
10
Manager tracking tools
Not Rated
Corporate goal setting
Not Rated
Individual goal setting
Not Rated
Line-of sight-visibility
Not Rated
Performance tracking
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