Cloud payroll and HCM software for modern workforce needs. Paylocity Holding Corporation is a leading provider of cloud-based payroll and human capital management (HCM) software. Headquartered in Schaumburg, Illinois, Paylocity delivers an integrated suite of solutions including payroll, benefits administration, time and labor management, recruiting, onboarding, performance management, and expense management. Their platform enables HR professionals to streamline processes, improve employee engagement, and make data-informed decisions. Since its founding in 1997, Paylocity has grown significantly and now employs approximately 6,200 people. The company became publicly traded in March 2014, reflecting its growth and presence in the HR technology sector. Recent financial performance highlights continued growth in revenue and customer adoption, positioning Paylocity as a key competitor for organizations seeking to modernize their HR and payroll operations.