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Paylocity Holding Corp  (PCTY)
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    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 


Paylocity Holding Corp Segments

 
 

Business Segments III. Quarter
Revenues
(in millions $)
(Mar 31 2019)
%
(of total Revenues)
III. Quarter
Income
(in millions $)
(Mar 31 2019)
%
(Profit Margin)
Total
139.55 100 % 28.03 20.08 %

• View Income Statement • View Competition by Segment • View Annual Report

Growth rates by Segment III. Quarter
Y/Y Revenue
%
(Mar 31 2019)
Q/Q Revenue
%
III. Quarter
Y/Y Income
%
(Mar 31 2019)
Q/Q Income
%
Total
62.26 % 30.17 % 6402.55 % 391.34 %

• View Growth rates • View Competitors Segment Growth • View Market Share

To get more information on Paylocity Holding's Total segment. Select each division with the arrow.

  Paylocity Holding's

Business Segments Description



Our cloud-based platform features a suite of unified payroll and HCM applications. Our solutions are highly configurable and easy to use, implement, update and maintain.

Payroll (Web Pay)

Paylocity Web Pay is designed to provide enterprise-grade payroll processing and administration from a convenient cloud-based platform. Key features of Web Pay include:

Configurable Templates

Combination of standard and modifiable templates powered by highly-flexible drag-and-drop technology

Standard templates such as new hire, job change, leave of absence and termination templates

Enables users to configure user interface to efficiently align to organizations’ business processes

Ability to require additional data, add default values and insert new custom fields increases accuracy and consistency of data across the platform

Custom Checklists

Allows users to track critical steps in hiring and other processes

riggers reports and notification emails to track critical steps and informs users when tasks are complete

Advanced Reporting

Easy-to-use, powerful reporting dashboard enables users to design and create ad- hoc reports or rely on over 100 standard reports

Ability to generate a variety of pre-process reports via report library and report writer

Real-time report generation, including the ability to automatically schedule reports to run on a user-defined frequency

Point-in-time reporting, including comparative analysis over multiple periods, allowing users to view data from any time in history

Data Integration

Ability to set up multiple data integrations with a wide array of benefits and retirement plan providers


Core HR (Web HR)

Paylocity Web HR provides a set of core HR capabilities designed to improve HR compliance, enhance reporting capabilities and reduce the amount of time necessary to manage employee information. Key features of Web HR include:

Employee Record Management

Manage payroll deductions for employee benefit plans such as health and 401(k)

Automated employee time-off requests

Track employee skills, events, education and prior employment

Store employee documentation electronically

Record and track company property issued to employees

Ability to add custom fields to track additional employee related information

HR Compliance

Automate I-9 work authorization set-up, tracking and monitoring

Proactively manage employee policy acknowledgement and signature collection for items such as employee handbooks

Assign and track interactive online courses for compliance and other policy needs including sexual harassment training and cybersecurity awareness

Manage ACA Compliance activities

Facilitate Equal Employment Opportunity (EEO) assessment and filing

View relevant industry and regulatory updates with a focus on helping employees understand the potential compliance impact to their business

HR Reporting

Interactive employee organizational chart

Family Medical Leave Act (FMLA) tracking

EEO reporting

Occupational Safety & Health Administration (OSHA) tracking

Consolidated Omnibus Budget Reconciliation Act (COBRA) tracking

VETS 100/100A reporting

Workers’ compensation tracking and reporting

I-9 verification

Provides a year end dashboard to manage IRS deadlines

HR Insight and Analytics

Provides a dashboard view into critical HR metrics such as headcount, employee turnover and potential at-risk employees

Users can choose between different types of graphical display or export the information to spreadsheets or other documents

Retention dashboard assists employers in identifying and taking action on at-risk employees to improve employee retention

Compliance and reporting

Self-Service Portals

Full online and mobile access through virtually any device having Internet access to payroll, HR and benefits information

Provides the ability for administrators to communicate company news and policy changes, such as handbook revisions, and to post documents and create custom web pages to communicate with employees

Provides a single view for managers where they can approve employee changes and requests, manage outstanding tasks and easily access employee information

Improves communication among managers and HR and payroll and finance departments


Talent Management

Paylocity’s Talent suite is designed to bring ease and convenience to the employee performance appraisal process and to give employees the opportunity to participate in their performance review and be more engaged in their professional development. Employee reviews and appraisals throughout the organization are stored and analyzed in a single system. Key features of Talent include:

Provides the ability for employees and managers to complete online reviews, add comments and sign off on completed reviews

Includes automated workflow at each step of the review process with ability for HR administrators to review and provide feedback prior to final approval

360° Feedback

Provides the ability to access feedback from employees across the organization to receive input on employee performance and accomplishments

Enables year-round or point-in-time 360° feedback

Goals Management

Manages employee goals and appraisals in a single place to reduce the time required to navigate between screens

Allows specific goals to be displayed on the performance review for increased employee focus and development

Assigns goals specific to employees based on skill level and other factors

Impressions

Provides employees the ability to recognize each other and provide immediate feedback

Impression leaderboard is visible to everyone in the organization providing recognition for top performers

Recruiting

Auto-fill of resume information to save time and effort in the candidate’s application process

Tracking of applicants through the workflow in order to reduce time spent on the recruiting and talent acquisition process and so that users quickly know the status of any prospects at critical stages in the process

Repository of applicant information and feedback for future reference and sourcing

Onboarding

Mobile responsive design and attractive, intuitive interface, engaging new hires in the process

Robust events management capabilities, empowering administrators to proactively manage the onboarding process

High level of customization, allowing administrators to tailor tasks and overall experience for new hires

Withholding forms wizard, simplifying the process of completing important tax-related paperwork

Ability to add customized content including welcome message, documents, videos and other company specific information

Journals

Captures and tracks ongoing discussions with employees to support performance appraisals


Time & Labor (Web Time and Web Expense)

Paylocity Web Time is a time and attendance solution designed to automate manual processes, improve productivity and help organizations control labor costs. Key features of Web Time include:

Feature

Functionality

Task Management

Scheduling management

Time and attendance tracking, including overtime, rounding rules, payroll policies, labor allocation and time-off accruals

Tracks tardiness, absenteeism, and misuse of break or meal periods

Multiple Hardware Options

Functions with a wide variety of biometric and bar code hardware options to track employees’ time

Mobile Functionality

Ability for employees to punch in and out from their mobile devices

Enables employees to view upcoming work schedules or request time-off from anywhere

Geo-fencing capabilities that allow managers to set parameters for where punches may occur

Paylocity Web Expense is an expense management tool designed to streamline and automate the expense management process by eliminating manual steps involved in filing, approving, and reimbursing expenses. Key features of Web Expense include:

Feature

Functionality

Simplified Workflow

File and submit expenses in an intuitive and unified module

Capture and submit receipts from a mobile device

Approve expense reports quickly and easily

Receive notifications throughout the entire reimbursement process

Monitoring

Access expense history

Generate and analyze spend reports

Automated Reporting

Automatically create general ledger entries


Benefits (Web Benefits)

Paylocity Web Benefits and Paylocity Enterprise Benefits, Powered by bswift are benefit management solutions that integrate with insurance carrier systems to provide automated administrative processes and allow users to choose benefit elections and make life event changes online, summarize benefit elections and perform other similar benefit-related tasks. These solutions also enable premium reconciliation, management of voluntary benefits and advanced reporting. Both Web Benefits and Paylocity Enterprise Benefits integrate seamlessly with Paylocity’s Web Pay. Key features of Web Benefits include:

Annual Enrollment

Easy to follow and customizable enrollment process for employees

Allows modeling of payroll deductions and changes for life events

Customizable enrollment portal content (text, links, documents, logos)

Administrative Efficiency

Can develop enrollment reminders through announcements, enrollment rules, and eligibility groups

Reporting on employee enrollment status and enrollment summary

Electronic Data Interchange (EDI) support for insurance carriers

   

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