Paylocity Holding Corporation

Paylocity Holding Corporation is an American provider of cloud-based human capital management (HCM) and payroll software solutions, headquartered in Schaumburg, Illinois. The company's mission is to elevate the employee experience and strengthen the employer-employee connection by building modern and intuitive HCM technology, fostering a culture of excellence and understanding within the HR community.

Paylocity offers a comprehensive suite of integrated solutions designed to manage the entire employee lifecycle. Key offerings include payroll processing, HR functions, time and labor tracking, talent acquisition, benefits administration, and performance and compensation management. The company has expanded its portfolio to include spend management for finance teams and IT operations management, primarily serving small to mid-sized businesses, typically those with 50 to 1,000 employees, within the United States market.

Recent strategic developments include the acquisition of Grayscale Labs, an AI-powered recruiting automation company, in April 2026, and Airbase Inc., a spending management software provider, in late 2024. The company also continues to enhance its platform with innovations like the "Elevate Solutions" and an AI Assistant to streamline HR processes. Toby Williams serves as President and CEO, leading Paylocity's market positioning as a provider of modern, unified, and intuitive HCM solutions that leverage AI and focus on employee engagement.