Paylocity Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

30 Paylocity

Paylocity Strengths, Domain Expertise, and Key Differentiators

Paylocity's strengths lie in its cloud-based payroll and HR applications designed for midmarket companies. With a focus on providing an intuitive user experience, the platform offers flexibility and configurability, aligning seamlessly with diverse business processes. The software-as-a-service (SaaS) delivery model reduces total cost of ownership, and its open architecture supports extensive data integration with partner ecosystems.

Paylocity Recent Developments

In July 2020, Paylocity responded to the unique challenges posed by the pandemic with its COVID-19 Return to Work offerings. These additions to the Paylocity platform aimed to streamline recruiting, onboarding, and rehire processes, showcasing the company's adaptability during unprecedented times. As of the latest financial data available, Paylocity's revenue growth and profit underline its stability and resilience in the evolving HR and payroll software landscape.

Paylocity Mergers and Acquisitions (M&A) Activities

In a strategic move in December 2023, Paylocity expanded its capabilities with the acquisition of TraceHQ.com, Inc., enhancing headcount planning functionality within its suite. Prior to this, the acquisition of Cloudsnap Inc. in January 2022 fortified Paylocity's integration capabilities, enabling seamless connectivity between disparate business applications. The company's acquisition spree, including Blue Marble Payroll and Samepage, reflects its commitment to broadening its HR and payroll offerings.

Paylocity Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Paylocity applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Paylocity and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Paylocity, customers.

Paylocity Key Enterprise and Cloud Applications

Paylocity,

Paylocity Revenues, $M:

Type/Year20222023YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Paylocity Revenue Breakdown By Type, $M:

TypeLicenseServicesHardwareS&MSaaSPaaSIaaSOtherTotal
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

Paylocity Revenues By Region, $M

Region% of Total Revenues2023 Total Revenues, $M2023 Enterprise Applications Revenues, $M2023 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Paylocity Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Paylocity Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Paylocity Customers


No. of Paylocity Customers: 36200

No. of Paylocity Enterprise Applications Customers: 36200

No. of Paylocity Cloud Customers: 36200

No. of Paylocity Cloud Subscribers: 3 million


With a substantial customer base of 36,200 organizations in the U.S., Paylocity caters to a diverse range of industries, including business services, healthcare, and technology. Noteworthy customers such as Lindamood-Bell Learning Processes and Uncle Julio's Corporate Office exemplify the platform's versatility and widespread adoption.

Paylocity Market Opportunities, M&A and Geo Expansions

Paylocity's opportunities lie in its innovative features, including Community, Premium Video, Surveys, Learning Management, and the Modern Workforce Index. The launch of ACA Enhanced, a compliance solution for Affordable Care Act reporting, further demonstrates Paylocity's commitment to addressing evolving regulatory landscapes. As companies focus on enhancing the employee experience, Paylocity stands poised to capitalize on these market trends.

Paylocity Risks and Challenges

While Paylocity has successfully positioned itself as a cloud-based payroll service provider, its future growth depends on redefining the payroll market through customization capabilities and multi-country support. The termination of a key reseller raises questions about its channel strategy, emphasizing the need for a balanced approach in the evolving market dynamics.

Paylocity Ecosystem, Partners, Resellers and SI

With over 300 integration partners across 20 product categories, Paylocity's open architecture facilitates seamless data management across various business platforms. The company's referral network, consisting of 401(k) advisors, benefits administrators, and HR consultants, plays a pivotal role in its sales process. Partnerships with industry giants like Fidelity Investments and innovative collaborations with EvoShare and Compeat underscore Paylocity's commitment to building a robust ecosystem.

Paylocity Cloud Infrastructure Insights

Subscribe to read more about:

  • Paylocity Public Cloud and Infrastructure (IaaS)
  • Paylocity Platform (PaaS)
  • Paylocity Application Delivery
  • Paylocity Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).


For additional information on our methodologies, here's the link:

https://www.appsruntheworld.com/About Us
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ



Buyer Intent: Companies Reading this Research Report
ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively reading this research report. Gain ongoing access to real-time prospects and uncover hidden opportunities. Companies Actively accessing this research report include:
  1. TestFit, a United States based Professional Services organization with 120 Employees
LogoCompanyIndustryEmployeesRevenueCountryEvaluated
TestFitProfessional Services120$12MUnited States2025-01-16