Key information

🔎 Fund Overview

Paylocity Holding Corporation is a provider of cloud-based human capital management (HCM) and payroll software solutions. The Company's HCM and payroll platform offers a product suite that helps businesses attract and retain talent, build culture and connection with their employees, and streamline and automate human resource (HR) and payroll processes. The Company provides its software-as-a-service (SaaS) solutions to clients across the United States. Its product suite includes various categories, such as payroll, human resources, time and labor, talent, benefits and employee experiences. Its payroll product suite includes payroll and tax services, expense management, on demand payment and garnishments. The Company's human resources product suite includes human resources, employee self-service, workflows and documents and HR edge. Its talent product suite includes recruiting, onboarding and market pay. Its employee experiences product suite includes community, video and employee voice.