A Great Payroll System With All The Features You Need
August 15, 2024

A Great Payroll System With All The Features You Need

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review

Overall Satisfaction with Paylocity

We are an accounting practice and use Paylocity to process Payroll for multiple clients. Paylocity is our preferred Payroll provider. We especially like that we can have all clients under a company set, allowing us to move easily between clients. We migrated to Paylocity in early 2020, just before the pandemic hit. Paylocity was an invaluable resource during that time, with so many ever changing rules around Payroll taxes, credits and leave, we felt we made the right move at the right time. With any Payroll related law change, Paylocity publishes guidance to help employers navigate the rules. We have also appreciated their support team, who are always just a phone call or email away.

Pros

  • Robust system features for complex Payroll situations
  • Guidance for ever changing HR and tax rules
  • Does all the heavy lifting for tax compliance

Cons

  • Figuring out how to do something in the system for the first time can sometimes be unintuitive/hard to find.
  • There is a disconnect with the service team for clients who are under a reseller agreement
  • Would like more proactive communication from Paylocity when the dedicated service team changes.
  • Reduced time expenditures
  • Reduced errors
  • Less compliance headaches
We mainly use the HR & Payroll function. The integration of Time and Labor with Payroll has helped streamline the process for entering and approving hourly employees' hours and also for paid time off, by automatically pulling that data into the Payroll batch. This has saved time by avoiding having to use manual spreadsheets and keying in data.
These aren't features we have explored.
We like Paylocity best. Overall we've found Paylocity's system to be more intuitive, flexible and full featured than some of these other systems. We also like their high level of support Paylocity provides, and proactive publishing of guidance when rules change around compliance. We also find Paylocity's reporting features to be more robust.

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

Paylocity is well suited to companies with some level of complexity; such as having multi state, multi department, multi location, a large staff size, and complex compensation structures. Paylocity has a ton of features that make them a good fit for these companies. Paylocity is probably overkill for small teams with very simple needs.

Paylocity Feature Ratings

Employee demographic data
10
Employment history
Not Rated
Job profiles and administration
Not Rated
Workflow for transfers, promotions, pay raises, etc.
Not Rated
Organizational charting
10
Organization and location management
10
Compliance data (COBRA, OSHA, etc.)
Not Rated
Pay calculation
10
Support for external payroll vendors
10
Off-cycle/On-Demand payment
9
Benefit plan administration
Not Rated
Direct deposit files
10
Salary revision and increment management
10
Reimbursement management
Not Rated
Approval workflow
9
Balance details
8
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
Not Rated
Employee recognition
Not Rated
Tracking of all physical assets
Not Rated
Report builder
8
Pre-built reports
10
Ability to combine HR data with external data
Not Rated
Performance plans
9
Performance improvement plans
9
Review status tracking
9
Review reminders
9
Multiple review frequency
9
Create succession plans/pools
Not Rated
Candidate ranking
Not Rated
Candidate search
Not Rated
Candidate development
Not Rated
New hire portal
8
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

Comments

More Reviews of Paylocity