Powerful, scalable, yet approachable
May 17, 2023

Powerful, scalable, yet approachable

Keith Perry | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Paylocity

Paylocity was initially only implemented for payroll/withholdings and reporting. Since I joined we have increased the utilization to cover time clocks, 360-integration with 401k, onboarding, training, compliance, and more.
Part of our complexity is several tiers of staff (part time, FTE hourly, seasonal, exempt, non-exempt salary) with different rules for each covering benefits, OT, bonusing, etc.
Paylocity has made these processes auditable, semi-automated, and generally compliant.
  • Depth of integration of various HR automation tasks
  • Flexible to meet unique-to-us HR / pay rules
  • Auditability. This is huge.
  • Off-boarding and unemployment support.
  • Some functions are non-obvious, like timecard approvals. A tasklist with hyperlinks for managers could make implementation smoother.
  • Purging bad history: A dismissed employee who has accrued benefits balances will stay in the system in perpetuity. Equally if you change benefits (in our case from VAC to PTO), unless you purge the VAC balance before you switch, the VAC balance is stuck there forever. This is a database issue so is a pain to fix. Hopefully it will get address (generally it is just messy; doesn't create actual problems unless you're not careful when running reports).
  • Reporting is a bit messy. CSV, XLS, XLSX, PDF....but inconsistent. Additionally it can be hard to find the right filters, and when you find them to apply them correctly. It is powerful, but hasn't been cleanly productized (triumph of engineering over product)
  • Reduced time: there are lots of calculations and separate types of employees here. This is the big win.
  • Data: you can pull tons of ad-hoc data out of the system.
  • Audit: You can see and fix errors. There is no "black box" hiding why something happened.
Right now it is just pay and time tracking, but at an advanced level. This allows better reporting, controls, audits with less time expended.
Currently acquiring and retaining talent is difficult. This frees up time to spend there.
So far the ROI is limited by the "I"...there are still many areas where investment will pay off.
Side note: it scales well. Entry level implementation is easy, and you can go from there and increase implementation over time. You don't need to "rip of the band-aid(tm)" and completely shift over. Paylocity plays well with others.
Limited: we're just getting started here. We need to "tune" the landing page, and then start implementing features.
Allowing for that, it is quite powerful.
Paylocity is generally very flexible and scalable.
It does require investment (it isn't just flipping a switch).

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

I definitely wouldn't suggest it to a company with <20 employees. It will work, but there are less-feature-rich solutions that are cheaper-easier to use (don't go grocery shopping in a Lambo).
I'm not convinced it would work for 10k+ organizations. At this point custom might be better.
I haven't tried it with multi-nationals, so I'd recommend the solutions that I know work there.

Paylocity Feature Ratings

Employee demographic data
10
Employment history
10
Job profiles and administration
Not Rated
Workflow for transfers, promotions, pay raises, etc.
10
Organizational charting
9
Organization and location management
9
Compliance data (COBRA, OSHA, etc.)
10
Pay calculation
8
Support for external payroll vendors
Not Rated
Off-cycle/On-Demand payment
10
Benefit plan administration
10
Direct deposit files
10
Salary revision and increment management
10
Reimbursement management
Not Rated
Approval workflow
10
Balance details
8
Annual carry-forward and encashment
8
View and generate pay and benefit information
10
Update personal information
10
View job history
10
View company policy documentation
10
Employee recognition
10
Tracking of all physical assets
Not Rated
Report builder
10
Pre-built reports
10
Ability to combine HR data with external data
10
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
10
Corporate goal setting
Not Rated
Individual goal setting
Not Rated
Line-of sight-visibility
Not Rated
Performance tracking
Not Rated
Job Requisition Management
10
Company Website Posting
10
Publish to Social Media
10
Job Search Site Posting
10
Duplicate Candidate Prevention
Not Rated
Applicant Tracking
10
Notifications and Alerts
Not Rated