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Payroll processing with Paylocity
April 26, 2024

Payroll processing with Paylocity

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Paylocity

I am the Payroll Specialist using the system for processing, tax reconciliations, GL downloads and journal entries and 941 reconciliations as well.
  • Reporting
  • Payroll processing
  • Taxing set-up verification, in particular local taxing requirements
  • Reporting has improved decision-making.
  • Data insights provides us immediate snapshot of our company info
  • Audit reports help assure less errors for processing payroll
  • Out of cycle payrolls are very easy
Reporting and data sights allow us to have better data
We do not utilize the system as effectively as we could to assess this functionality
I have used ADP and Ultimate Software and found Paylocity to be much easier to manage and process, including their tax modules. It is also much more cost effective.

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

For the size of our company, it works very well in terms of processing and reporting.

Paylocity Feature Ratings

6.6
Employee demographic data
7
Employment history
7
Job profiles and administration
7
Workflow for transfers, promotions, pay raises, etc.
7
Organizational charting
7
Organization and location management
6
Compliance data (COBRA, OSHA, etc.)
5
7.6
Pay calculation
9
Support for external payroll vendors
7
Off-cycle/On-Demand payment
10
Benefit plan administration
6
Direct deposit files
10
Salary revision and increment management
6
Reimbursement management
5
8.0
Approval workflow
8
Balance details
8
Annual carry-forward and encashment
8
6.0
View and generate pay and benefit information
7
Update personal information
8
View job history
4
Employee recognition
5
Asset Management ()
Not Rated
8.7
Report builder
8
Pre-built reports
9
Ability to combine HR data with external data
9
Integration with other HR capabilities ()
Not Rated
5.4
Performance plans
5
Performance improvement plans
5
Review status tracking
6
Review reminders
5
Multiple review frequency
6
Succession Planning ()
Not Rated
6.0
New hire portal
6
Performance and Goals ()
Not Rated
6.4
Job Requisition Management
6
Company Website Posting
6
Publish to Social Media
7
Job Search Site Posting
7
Duplicate Candidate Prevention
6
Applicant Tracking
7
Notifications and Alerts
6

Using Paylocity

6 - Human Resources & Accounting
6 - Human Resources for processing, recruiting and onboarding and Accounting for payroll processing and reporting.
  • Recruiting
  • Payroll
  • Employee management
  • Monitoring headcount and change using DATA INSIGHT tool
  • Growth
From Accounting rated 8 but not only decision-maker

Evaluating Paylocity and Competitors

Paylocity Implementation

I was not involved in the decision to choose Paylocity of implementation. The person who did implement though, in my opinion, did an excellent job.

Paylocity Support

From payroll perspective good service. Sometimes not answer right away and they have to get back with you. Need to improve in this area.
ProsCons
Quick Resolution
Problems get solved
Immediate help available
Not kept informed
No due to size of our company
Yes - still an issue
Implementation of new company set-up. We had a terrific and knowledge Project Manager. Process was simple, efficient and seamless.

Using Paylocity

Simple to use
ProsCons
Like to use
Relatively simple
Easy to use
Technical support not required
Well integrated
Quick to learn
Convenient
Feel confident using
None
  • Payroll processing
  • Out of cycle batches
  • Data uploads
  • Onboarding has issues
Yes - Our employees struggle with Mobile App