Comparing the current results to its competitors, Paylocity Holding reported Revenue increase in the 3 quarter 2026 by 10.5 % year on year. The revenue growth was below Paylocity Holding's competitors' average revenue growth of 11.52 %, achieved in the same quarter.
Paylocity Holding's Comment on Competition and Industry Peers
The company operates in a fragmented and highly competitive market for human capital management (HCM), finance, and IT software solutions. Its competitors vary by solution and primarily include payroll and HR service and software providers. Notable competitors include Automatic Data Processing, Inc., Dayforce, Inc., Paychex, Inc., Paycom Software, Inc., and Ultimate Kronos Group, as well as various local and regional providers. The company competes by offering solutions designed for the modern workforce, featuring a comprehensive product suite on a single platform with extensive functionality, configurability, ease of use, and a modern, mobile, intuitive, and consumer-oriented user experience.
Overall company revenue, increased less, than total company revenues, at 10.5 % and lost market share, to approximately 0.13 %. << More on PCTY Market Share.
*Market share is calculated based on total revenue.
News about Paylocity Holding Corporation Contracts
October 3, 2024
In an impressive display of commitment to both sports and community engagement, Paylocity Holding Corporation has proudly announced a multi-year sponsorship with the esteemed Dallas Stars. This partnership not only underscores Paylocity’s ongoing dedication to fostering connections within sports communities but also highlights its strategic intent to enhance brand visibility among the passionate fan base that the Stars command.The Dallas Stars, a franchise celebrated for its rich history and fervent supporters, has consistently epitomized the spirit of teamwork and excellence on the ice. For Paylocity, a rising player in the realm of human capital management, this sponsorship represents more than mere logo...
September 25, 2024
Paylocity Debuts Integrated Headcount Planning Solution Amidst an ever-evolving business landscape, workforce planning has become crucial for companies striving to maintain a competitive edge. Paylocity Holding Corporation is at the forefront of this movement with the debut of its new integrated headcount planning solution. This innovative offering is set to revolutionize workforce management by uniting Human Resources (HR), Finance, and Talent Acquisition under a single umbrella. The solution aims to simplify workforce planning processes for organizations by promoting seamless collaboration across key departments. By integrating these functions, Paylocity’s new tool seeks to streamline operations, reduce ...
August 7, 2024
In an ever-evolving landscape of HR technology, Paylocity Holding Corporation is making significant strides with its innovative approach to employee benefits management. Recently, the company introduced its groundbreaking Benefits Decision Support tool, positioning itself at the forefront of a modern solution aimed at personalizing employee benefits choices. This move is just one of several innovations launched by Paylocity in the past year, reflecting its commitment to enhancing user experience in the world of HR services.As the demand for personalized employee experiences grows, organizations are increasingly recognizing the necessity of adapting their benefits offerings to meet the diverse needs of their ...
January 17, 2024
Leading provider of cloud-based HR and payroll software solutions, Paylocity, is solidifying its foray into the realm of artificial intelligence, announcing its latest series of AI features designed to streamline HR processes, enhance overall user experience and bring about a new era of personalized employee experiences. This represents Paylocity s commitment to stay ahead of the HR tech game and deliver groundbreaking intelligent software to cater for modern workplace needs.The newly extended AI capabilities blend into a multitude of HR processes to create a seamless self-serving model for employees. Being fostered under Paylocity’s innovation lab, these AI features are built on the foundations of anticip...
Publicly Traded Peers of Paylocity Holding Corporation
Microsoft Corporation Share Performance
-1.21%
30 Days
Microsoft Corporation
Profile
Microsoft Corporation operates as a multinational technology company focused on software development, licensing, and related services. Its business model includes the creation and distribution of software products like operating systems and productivity suites, along with cloud-based solutions. Revenue is generated through hardware sales (such as gaming consoles), advertising, and consulting services.
Atlassian Corporation, a leading software company, operates on a subscription-based business model. They offer a suite of products and tools designed to improve team collaboration, project management, and software development. Their revenue is generated primarily through recurring subscription fees from customers who benefit from their cloud-based solutions and ongoing product updates and support.
Sources:
Paylocity Holding Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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