Paycom vs. Paylocity Review 2022: Plans & Features

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Paycom vs. Paylocity deciding factors
Paycom | Paylocity | |
---|---|---|
Pricing | Quote-based pricing. | Quote-based pricing. |
Plans | Single, all-inclusive software plan available. | Single, all-inclusive software plan available. |
Notable features |
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Integrations | Doesn’t integrate with other software, but offers a few add-ons like ACA assistance. | Variety of third-party integrations available through Paylocity marketplace. |
Mobile app | Self-service app available for Android and iOS. | Paylocity mobile app available for Android and iOS. |
Customer support | Regular business hours are Monday through Friday, 8 a.m. to 5 p.m. Central time. Employee training available through Paycom Learning feature. | Customer service available by phone or online chat, Monday through Friday from 7 a.m to 7 p.m Central time. Self-help knowledge base and online training courses also available. |
Best for | Larger businesses that are looking for an enterprise solution to both automate and outsource their payroll and HR processes. | Midsize to larger businesses that are looking for an all-in-one solution with an emphasis on communication and employee engagement. |
Paycom vs. Paylocity pricing

Paycom features
Payroll
- Automated payroll processing that allows employees to verify their paychecks while HR monitors progress.
- Give employees access to their payroll information 24/7 through the self-service app.
- Receive automatic payroll tax management from Paycom’s team, including completing, filing and paying payroll taxes.
- Manage wage garnishments and expense reimbursements.
- Import payroll data to produce general ledger reports using the GL Concierge feature.
- Create customized payroll reports using data across the platform that incorporates multiple years, employer identification numbers and formats.
HR management
- Use a document management system to create, assign and archive HR documents like I-9 and W-4 forms, employee handbooks and more.
- Create customized workflows and assign tasks for onboarding and other HR processes.
- Remain compliant with government regulations and receive notifications of changes to relevant legislation, including COBRA laws.
- Manage entire benefits administration process, from setting up benefit plans to allowing employees to review and choose options, to notifying employees of their eligibility.
- Give managers access to tools that allow them to review employee requests, conduct performance reviews and schedule interviews with prospective candidates.
- Create an approval chain for employee payroll and HR changes with personnel action forms.
- Develop and send employee surveys and receive confidential feedback.
- Enhanced ACA add-on for assistance managing Affordable Care Act obligations and data.
- Monitor HR metrics, generate reports and use Direct Data Exchange tool to evaluate employee usage of the system.
Time and labor management
- Allow employees to track and submit their time through the self-service app; edit and review submitted time.
- Customize time-tracking options for holidays, varying shifts, sick days and more; manage employee PTO and corresponding requests.
- Create employee schedules and let your team view their schedules, mark availability and swap shifts.
- Implement web-based or physical time clocks that sync with payroll.
- Assign labor to particular categories or departments to manage labor costs and usage.
- Generate real-time and historical time and labor management reports.
Talent acquisition
- Share open positions across job boards, build a customized applicant tracking system from resumes, and create notifications for interviews, hiring decisions and onboarding.
- Reduce tax liability with tax credit software add-on feature.
- Run background checks on candidates or current employees and remain in compliance with the Fair Credit Reporting Act.
- Create a customized onboarding workflow that includes new-hire paperwork, checklists and the option to add an E-Verify task for employment eligibility.
- View recruiting and talent acquisition reports across all system data.
Talent management
- Create an employee review system and allow employees to complete self-reviews, manager reviews and 360 reviews.
- Manage a compensation budget, update employee compensation, and view reports on compensation across the organization.
- Allow employees to use the self-service app for access to the Ask Here feature, where they can ask questions and get directed to the individual in the company who can provide an answer.
- Assign and track performance goals by employee and across the company.
- Create business-specific training courses for employees, implement compliance training, and allow employees to complete trainings through the self-service app.
- Generate reports across system data and allow executives to customize their own dashboards.

Paylocity features
Payroll
- Preview, correct and verify payroll data instantly prior to processing payroll.
- Work with Paylocity experts to configure custom payroll accounting reports.
- Integrate data from benefits, 401(k) plan information, retirement plans and more from your preferred vendors.
- Automatically pull approved expenses into payroll and add reimbursements to employee paychecks with an expense management tool.
- Allow employees to deposit earned wages to their account on demand through On Demand Payment.
- Work with Paylocity experts for full payroll tax and wage garnishment services.
Human resources
- View position-level data to track headcount and status for each position and predict changes in open positions.
- Allow employees and managers to access personal and company information anytime through the Self-Service portal.
- Use an HR compliance dashboard to review employment laws and regulations.
- Use reports, analytics and dashboards to monitor key metrics and trends across all of your data within Paylocity.
- Create a customized onboarding process and simplify data collection from new hires.
- Use HR Edge to receive day-to-day HR assistance from Paylocity experts, including live support, online resources, custom handbooks, compliance courses, recruiting and talent acquisition.
Benefits
- Configure employee benefits packages, allow employees to manage their own benefits elections, and send files to carriers to update employee coverage.
- Track enrollment analytics and generate related reports.
- Allow employees to manage benefits and access insurance cards from any internet-connected device.
- Add and manage supplemental employee benefits like health savings accounts, flexible spending accounts, transportation management accounts and more.
Workforce management
- Allow employees to use the mobile app to check schedules, request time off, swap shifts and communicate with managers.
- Use a time clock kiosk for employees to clock in and out and submit time off.
- Assign and track points for attendance and related occurrences.
- Give managers the ability to create and adjust schedules and view labor costs versus shift budgets.
- Use reports or live dashboard to view schedules and track employees’ work history.
Talent
- Create custom workflows for targeting candidates, generate job application templates, communicate with managers and applicants, and extend offer letters.
- Manage employee performance on an ongoing basis with performance journaling, goal implementation, performance reviews and 360 feedback.
- Use a learning management system to educate employees with pre-built courses, as well as design your own.
- Track compensation and budget for employee pay increases, bonuses and more.
Employee experience
- Allow employees to connect through Community, a social collaboration tool.
- Give employees the ability to recognize each other’s work with virtual “pats on the back.”
- Create and send surveys to employees to get feedback and track results.
Mobile
- View payroll, HR and personal data including paychecks, pay history, schedules, tax forms, time-off balances and more.
- Access company directory, policies and other resources.
- Connect and communicate with co-workers.
- Clock in and out, view timesheets and submit expense reports.
- Receive push notifications as well as updates on company news and announcements.
Integrations
- Hundreds of integrations through the Paylocity Marketplace.
- Ability to build custom integrations with open APIs.
- Push notifications or webhooks triggered by new-hire, termination, time-off and other events.
