Crisis-tested Partner for the Growth Minded Companies
March 06, 2024

Crisis-tested Partner for the Growth Minded Companies

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

Overall Satisfaction with Paylocity

To begin, Paylocity proved its value after all the consequences of the COVID lockdown. Like many businesses, we had to downsize, which led to many finance teams across many industries to do more with less -- a lot less! In our case, I had to take on the end to end process of payroll. You will always have a live Paylocity partner! Our AM at the time was exceptional in providing clear guidance on how to execute payroll, learning on the fly, and took it further by sharing all the best practices to optimize and evolve our process. As a controller, this is invaluable, and that level of service continues today.
  • A live account manager is always reachable and ready to help. Always.
  • Running payroll end to end is pretty easy with some guidance, UX is clear in guiding you through next steps.
  • Ad hoc correction/amendment requests, e.g. lost check research, 941 amendments, etc., with live account manager support and guidance.
  • Embedded AI that helps during configuration across all modules. E.g., we lost all the employees who were involved in the onboarding and implementation of Paylocity, when we had to add a new vacation code, we did not flag it as a 401K eligible earning code. Embedded AI would have flagged this to the editor as a reminder knowing that all vacation earning codes are flagged for 401k eligibility.
  • Garnishment set up and calculation.
  • Seeing Paylocity's growth since 2020, I'd like to seem an expansion of its Time & Labor features that contemplates remote employees or mobile employees (advance geo fencing).
  • What a vendor proves itself a reliable partner during a crisis and that is matched by its intuitive, user-friendly platform, and topped with an always-available live account manager access, then reduced time expenditures, reduced errors, more consistent processes, better workforce visibility, improved retention, reduced costs, or better data-driven decision-making are truly maximized for the benefit of its customer.
As I already shared, Paylocity's automation tools have helped our company manage payroll during a very unstable and resource-deficient period. Automation can introduce tremendous efficiencies but it still needs commitment from its vendor to support a client's knowledge base up to date and grow.
I'm not exposed to this area, but I have sat in demos highlighting these features. They appear to be great tools.
They are mostly parity. But it's difficult to walk away from always-on-demand live account manager.

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?

I wasn't involved with the implementation phase

Would you buy Paylocity again?

Yes

Having gone through a hockey stick headcount growth, then an inverse hockey stick reduction of force, Paylocity has proven itself as a reliable and effective payroll partner whether a company is small and growing, large and expanding, or in crisis-mode.

Paylocity Feature Ratings

Employee demographic data
9
Employment history
9
Job profiles and administration
9
Workflow for transfers, promotions, pay raises, etc.
9
Organizational charting
9
Organization and location management
9
Compliance data (COBRA, OSHA, etc.)
9
Pay calculation
9
Support for external payroll vendors
10
Off-cycle/On-Demand payment
9
Benefit plan administration
9
Direct deposit files
9
Salary revision and increment management
9
Approval workflow
9
Balance details
9
Annual carry-forward and encashment
9
View and generate pay and benefit information
9
Update personal information
9
View job history
9
View company policy documentation
9
Employee recognition
9
Tracking of all physical assets
Not Rated
Report builder
9
Pre-built reports
9
Ability to combine HR data with external data
9
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
9
Manager tracking tools
9
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