Paylocity [NASDAQ: PCTY] develops industry-leading, cloud-based payroll and human capital management software solutions for organizations across the United States. Our comprehensive and easy-to-use solutions enable our clients to manage their workforce more effectively. Paylocity's intuitive, highly configurable solution unifies payroll and HCM applications, such as time and labor tracking, benefits, and talent management. Our solutions help drive strategic human capital decision-making and improve engagement by enhancing the human resource, payroll and finance capabilities of our clients.
Our secret formula is that much like a software company, a significant percentage of our workforce is comprised of programmers and IT Personnel who deliver world-class cloud solutions that are highly customizable. Their expertise enables Paylocity to give our clients the power to configure their business framework and crucial data any way they like. Customizations are built one client at a time for things like General Ledger, Accruals, complex reports, and integrations to other software systems and vendors the client may use.