Paylocity Holding Corporation

Paylocity Holding Corporation provides cloud-based human capital management (HCM), payroll software, and spend management solutions for the workforce in the United States. Its payroll solutions include payroll and tax services, global payroll, on-demand payment, and garnishments. The company also offers HR solutions such as employee self-service, workflows and documents, HR compliance dashboard, and HR edge. Additionally, it provides time and labor solutions (time and attendance, scheduling, time collection), talent solutions (recruiting, onboarding, market pay, learning, performance, compensation), benefits solutions (benefit enrollment, third-party administrative solutions), employee experience tools (community, video, employee voice, recognition and rewards), and finance solutions (headcount planning, expense management, accounts payable automation, corporate cards, guided procurement).

Paylocity Holding Corporation is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol PCTY. Its securities are traded in US dollars (USD). The company is headquartered in Schaumburg, Illinois, and operates primarily in the United States.

Paylocity operates in the Technology sector and is classified under the Software - Application industry. This means the company develops and provides software applications—specifically cloud-based human capital management, payroll, and spend management solutions—for businesses and organizations. Its products are designed to streamline workforce management, payroll processing, and financial operations for clients across various industries.

Paylocity is headquartered in Schaumburg, Illinois, United States. The company serves the United States market, providing its cloud-based human capital management, payroll, and spend management solutions to for-profit and non-profit organizations across a wide range of industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, and technology. Founded in 1997, Paylocity has been operating for over two decades, focusing on the US workforce.

Paylocity generates revenue by selling cloud-based software solutions and related services to organizations. Its product portfolio includes payroll and tax services, HR solutions, time and labor management, talent management, benefits administration, employee experience tools, and finance solutions such as expense management and accounts payable automation. The company also offers implementation and training, client services, and tax and regulatory services. Revenue is primarily derived from subscription fees for its software-as-a-service (SaaS) platform, with additional income from professional services. Paylocity sells its products through a direct sales force.