Item: Paylocity
Rating: 6
Author: Verified User

Use Cases and Deployment Scope

We use Paylocity for payroll, time keeping, PTO tracking, Performance, Benefit administration, Flexible spending accounts, including Cobra, Surveys, Compliance training.

Pros and Cons

Easy to use interface for employees
Always improving software to make it more user friendly
It has all services under one umbrella to streamline productivity

Needs to improve PTO accrual system and how vacation is displayed
Needs to allow cross company feedback for performance reviews
We need one contact who is knowledgeable about all products, especially those that are intertwined

Return on Investment

Increased time expenditure identifying errors and trying to fix them
Reporting is quick and easy to use, which reduces errors and helps finance

I spend more time on Paylocity trying to make sure the automation tools are correct, so it is very time consuming. Payroll is easy and the time tracking function is excellent, but communication between Benefits/Spending Accounts and HR & Payroll needs to improve. I'm constantly checking deductions and correcting them since they don't transfer over correctly.

Paylocity Employee Engagement

Nobody in our company has used Community or Impressions. We have a Sharepoint site that all employees go to for intracompany information and we separately have a recognition platform. Surveys are about the only function that we use, and this is a very helpful tool to keep track of engagement.

Alternatives Considered

Paychex Flex

We had Paychex before - they were a huge company and every time you called, you had long wait times and many unresolved issues. You would get passed from one department to the next and it was a waste of time and resources. Getting things resolved with them was difficult.

Key Insights

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?

Did implementation of Paylocity go as expected?

Would you buy Paylocity again?

Other Software Used

Microsoft 365, Microsoft Teams, SAP Concur

Likelihood to Recommend

It's well suited for a small company, who wants to streamline their HR function. With Paylocity, you can use one vendor for payroll, benefits, flexible spending accounts, expense management and they all communicate behind the scenes. Paylocity is not for big companies as there are too many unpredictable errors with no reasoning that the company can give as to why they happen. They would be missed if you have 1000's of employees.

Paylocity good for small companies

Overall Satisfaction with Paylocity