PeopleHCM vs. Paylocity

Effective payroll and HR management are pivotal to achieving efficiency and growth for every business. Payroll and human resources management go beyond administrative tasks for businesses of all sizes.

By leveraging robust software solutions, businesses can:

Streamline operations,
Enhance employee satisfaction,
Ensure compliance with regulations.

PeopleHCM and Paylocity are two software programs that offer comprehensive solutions to streamline payroll and HR processes. Each software provides unique features tailored to meet businesses' diverse needs, from payroll processing and benefits management to workforce analytics and compliance. Let's examine PeopleHCM and Paylocity's capabilities to determine which solution best meets your business's requirements and growth objectives.

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Key Considerations When Selecting an HCM Software Solution

Security

To protect sensitive information, ensure the software has robust security features, including data encryption, user authentication, and access controls.

Scalability

Scalability is an important consideration when choosing HCM software. Choose a solution that will grow with your business and handle increasing employee numbers and data volumes as your business expands.

Customization

HCM software should be able to accommodate each company's specific needs. Ensure your software can be customized to suit your business processes, such as workflows, forms, and reports.

Integration

HCM software should seamlessly integrate with other systems and platforms you use, such as accounting or payroll software. Seek out solutions with strong data-sharing capabilities and integration features.

User Experience

The user interface is crucial when selecting HCM software. Choose software that has a simple and intuitive interface. A user-friendly system will help increase adoption rates and reduce training costs.

Core HR Automation

Capability to automate tasks like attendance, payroll, and leave management.

TalentDevelopment Features

A LearningManagement System (LMS) and features supporting onboarding and performancemanagement.

HR Analytics

Analyticsfor data-driven decision-making.

PeopleHCM

PeopleHCM goes beyond basic HR functions. It offers a robust suite of project management tools designed to optimize your workforce and ensure project success. Find out how PeopleHCM can transform your project management:

Effortless Project Creation: Kick-off projects quickly with intuitive tools for defining scope, assigning tasks, and allocating resources.
Strategic Resource Allocation: PeopleHCM helps you match the right people with the right projects based on skill sets and availability.
Real-Time Bench Management: Gain instant insights into your team's workload and identify opportunities to optimize resource utilization.
Accurate Resource Utilization Tracking: Monitor project progress and team performance with clear data on resource utilization.

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Paylocity

Paylocity is a web-based Payroll and HR service designed for the SMB market. It offers self-service features, general ledger systems, time, and attendance applications. Paylocity provides tools for managing HR functions, including templates, checklists, and reporting.

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PeopleHCM Vs. Paylocity

Feature	PeopleHCM	Paylocity
Payroll Management	End-to-end payroll solutions with customizable processing	Compliant payroll software for domestic and global employees
Benefits Administration	Self-serve portal for benefits enrollment with automated approval workflows	Syncs benefits with payroll, ensuring accurate deductions
Time Tracking	Easy time tracking and attendance management with multiple modes of time entry and integration options	Comprehensive time and attendance tracking tools
Recruiting and Onboarding	Streamlined recruitment and onboarding with customizable workflows	Dynamic job postings, applicant tracking, and integrated onboarding flows
Performance Management	Personalizable performance management tools aligned with MBO	Dynamic performance management features and skill matrix assessments
Expense Management	Simplified expense management with credit card reconciliation, receipt scanning, and multi-currency reimbursements	Easy-to-use expense management suite supporting corporate cards and integration with accounting systems
Service Request Management	Self-service workflows for HR, admin, IT, and supply chain needs with integration capabilities	Configurable service request workflows to empower employees, enhancing productivity with third-party integrations

Let's Compare

Payroll Management

Easy Pay Adjustments

Paylocity offers payroll software with global capabilities and on-demand wage access; its customization options require expert assistance, leading to potential delays in adapting to changing payroll needs.
PeopleHCM excels with its intuitive, customizable payroll processing, allowing businesses to configure payroll structures and schedules independently. It provides end-to-end payroll solutions with comprehensive support for all states and tax forms.
PeopleHCM offers highly customizable payroll processing and seamless integration with other business tools, ensuring flexibility and accuracy in payroll management. This reduces reliance on external support and enables quick adjustments to meet evolving payroll requirements without delays.

Recruiting and Onboarding

Smooth Hiring Journey

Paylocity facilitates recruitment with job postings and integrated onboarding flows, but the workflows are limited, potentially impacting the candidate and employee onboarding experience.
PeopleHCM's customizable workflows and extensive integration capabilities support a seamless recruitment and onboarding process. It allows HR teams to tailor workflows, automate tasks, and integrate with various recruitment platforms and HR systems, ensuring a smoother experience for candidates and new hires.

Expense Management

Hassle-Free Expense Tracking

Paylocity offers an expense management suite, but the complex accounting systems and workflows do not adequately accommodate diverse business financial operations.
PeopleHCM's integrated expense management system supports comprehensive financial tracking and reporting. It facilitates seamless integration with accounting systems and offers customizable workflows for expense approvals and reimbursements, ensuring accuracy and efficiency in financial management.

Benefits Administration

Perks Made Simple

Paylocity offers benefits with payroll, ensuring accurate deductions, but more extensive integration options may be needed for seamless updates during open enrollment or qualifying events, potentially limiting flexibility.
PeopleHCM offers flexible integration capabilities to empower HR teams to manage benefits more efficiently. It reduces manual efforts and ensures compliance with changing regulatory requirements.

Time Tracking

Efficient Workforce Management

Paylocity's time-tracking feature lacks real-time flexibility and customization options in workforce management. PeopleHCM offers multiple modes of time entry and intuitive tools like the 'Chat Box' for direct employee feedback, eliminating the need for constant support interactions.
Paylocity's complex scheduling and attendance reporting need to include the simplicity and immediacy found in PeopleHCM's 'Holiday Highlighter' for a clear distinction between workdays and holidays and the 'Recall' feature for easy timesheet corrections with a single click.

Conclusion

In conclusion, while Paylocity provides a range of HR and payroll management features, PeopleHCM emerges as the superior choice for businesses seeking a comprehensive, efficient, and user-friendly HCM solution. PeopleHCM offers a more intuitive and flexible approach, allowing businesses to tailor the system to their specific needs easily. This makes PeopleHCM particularly advantageous for organizations of all sizes looking for a cost-effective and scalable HR solution.

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PeopleHCM simplifies payroll and benefits administration, facilitates time tracking, and manages expenses seamlessly. Its commitment to integration, security, and user satisfaction sets it apart, making PeopleHCM the preferred choice for businesses aiming to optimize their HR processes and enhance overall efficiency.

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Ready to optimize your employee management? Contact us for a personalized consultation!

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