Paylocity

Direct Deposit

Calculate and manage employee benefit deductions including health, dental, vision, life insurance, and voluntary benefits.

Benefits Calculation

Calculate and manage employee benefit deductions including health, dental, vision, life insurance, and voluntary benefits.

Time and Attendance

Track employee clock-in/clock-out, work schedules, overtime, and attendance with configurable alert mechanisms.

Tax Form Preparation

Generate and file employee tax forms (e.g., W-2, 1099, T4) for applicable federal, state/provincial, and local jurisdictions.

Taxation Deduction

Calculate and deduct federal, state/provincial, and local taxes based on jurisdiction-specific rules and employee elections.

HR Systems Interface

Interface with the organization's HR system to synchronize employee records, job data, and organizational changes.

Compensation Management

Manage compensation design, salary bands, salaried and hourly structures, and bonus and variable compensation plans.

Retirement Plan Tracking

Manage employee retirement plan enrollments, contribution calculations, employer matching, and tax implications.

Vacation and Leave Management

Administer leave accrual policies, entitlement balances, leave request and approval workflows, and carryover rules.

Third Party System Integration

Connect with third-party systems such as ERP, benefits providers, time tracking, and other business applications via APIs or connectors.

Business Value Created

Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Breadth of Features

Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Quality of Features

Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Usability and Intuitiveness

End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Ease of IT Administration

This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Vendor Support

The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Product Strategy and Rate of Improvement

Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Ease of Data Integration

Use this data to determine whether the product will cause headaches or make data integration easy.

Ease of Implementation

Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Availability and Quality of Training

Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Ease of Customization

Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.