Paylocity HR & Payroll

Paylocity's Benefits Administration tool lets employees compare and select coverage from the same dashboard they use to check a pay stub. They even offer 401(k) and 403(b) retirement plans. It helps automate paycheck deductions and gives employees a clear, single view of their savings inside their everyday portal or mobile app.

This feature syncs punches, overtime, and PTO requests into payroll. It removes the need to export and upload spreadsheets before payroll processing. Employers can also set geolocation restrictions for clock-ins, which helps track attendance across multiple job sites or store locations.

Once time data is confirmed, Paylocity's payroll engine runs wage calculations, tax withholding, and direct deposit on its own. It helps cut manual entry out of each pay cycle. Employees get visibility into an upcoming paycheck ahead of payday and can request access to wages they have already earned.

Paylocity allows employees to create customized workflows for common HR tasks. Users can utilize pre-designed templates or build their own workflows according to their organization's specific needs. This feature helps automate tasks such as onboarding, offboarding, position changes, rate changes, and skill certification collection.

This platform helps take the burden off HR teams as employees can directly access pay stubs, benefit details, and time-off balances – all through its employee self-service portal. It is accessible through both the web and mobile app. Similarly, they can also update the information on their own without having to involve HR teams.

Paylocity's scheduling tool uses AI-driven recommendations to match employees to shifts based on job function, skill set, and certification. It also flags employees approaching an overtime threshold. This helps managers avoid unexpected overtime costs.

The platform helps pull HR metrics such as turnover, headcount, and compensation trends into ready-made dashboards. These dashboards can also break down position-level data. It can help teams plan for open roles and spot turnover patterns as they develop.

The software offers comprehensive visibility into organizational spending across departments and vendors. It identifies duplicate or inefficient spend, tracks payment cycles, and highlights cost‑saving opportunities. Automated reporting and compliance monitoring streamline procurement processes, enabling finance teams to make faster, more strategic decisions.

Paylocity monitors card and vendor transactions for suspicious activity. It sends alerts when anomalies occur. Moreover, its built‑in workflows require approvals for vendor bank account changes, supported by two‑factor authentication. These controls protect against unauthorized payments and reduce the risk of financial fraud.

Headcount Planning keeps hiring plans tied to Paylocity's live payroll and HR data. This way, a forecast updates on its own as headcount changes. Finance, HR, and recruiting work from the same plan rather than reconciling three different versions of it.