In a bold move to counter its recent stock slump of 17% in the past year, Paylocity (PCTY) is doubling down on AI, launching an innovative assistant that could redefine the HR software landscape. The company recently unveiled its AI Assistant, a conversational AI-powered tool designed to streamline HR processes and enhance employee experience across its platform. Paylocity's AI Assistant builds upon the company's existing AI capabilities, which include personalized recommendations, sentiment analysis and pr ...

SCHAUMBURG, Ill., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HR, payroll, and spend management software solutions, today announced that it has scheduled a conference call to review its first quarter fiscal 2025 results for Wednesday, October 30th at 4:30 pm Central Time (5:30 pm Eastern Time). A live webcast of the call will be available on the "Investor Relations" page of the Company's website at https://investors.paylocity.com/. To acc ...

SCHAUMBURG, Ill., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leader in cloud-based HR and payroll software solutions, announced today a new, multi-year corporate sponsorship with the National Hockey League's Dallas Stars. The new deal marks Paylocity's first official sponsorship with an NHL franchise. The Dallas Stars have been a long-standing Paylocity customer, relying on the company's modern and comprehensive suite of HR and payroll solutions since 2015. Throughout this time, Paylocity ...

SCHAUMBURG, Ill., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leader in cloud-based HR and payroll software solutions, has completed its acquisition of Airbase Inc., a modern finance and spend management software solution that combines bill pay / accounts payable automation, expense management, corporate cards and procurement capabilities. The acquisition of Airbase represents an expansion of Paylocity's suite and is expected to deliver incremental integrated value to HR and finance leader ...

LAS VEGAS, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leader in cloud-based HR and payroll software solutions, today announced Headcount Planning, a new offering that brings together Finance, HR, Talent Acquisition, and hiring managers to create a more cohesive, data-driven approach to workforce planning. This integrated solution builds on Paylocity's acquisition of Trace in December 2023 and leverages the Paylocity employee record as the single source of truth for company-wide headcount ...

Paylocity plans to create a consolidated platform for all business-related spend by acquiring Airbase. The planned acquisition will add Airbase's finance and spend management software solution to Paylocity's human resources (HR) and payroll software platform, Paylocity said in a Wednesday (Sept. 4) press release. Subject to customary closing conditions and regulatory approvals, the transaction is expected to close in the first or second quarter of fiscal 2025, according to the release. "Many companies use d ...

SCHAUMBURG, Ill., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leader in cloud-based HR and payroll software solutions, today announced it has signed a definitive agreement to acquire Airbase Inc., a modern finance and spend management software solution that combines bill pay / accounts payable automation, expense management, corporate cards and procurement capabilities. The acquisition of Airbase represents an expansion of Paylocity's suite and will deliver incremental integrated value to ...

SCHAUMBURG, Ill., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ:PCTY), a leader in cloud-based HR and payroll software solutions, introduces Benefits Decision Support, a new product to simplify benefits enrollment for HR teams by offering employees personalized benefits recommendations based on their individual health needs, financial considerations, and family dynamics. This new offering is part of Paylocity's comprehensive HCM platform for the modern workforce and is the latest of several product in ...

Q4 Fiscal 2024 Investor Presentation Safe Harbor Statement This presentation is for informational purposes only and is not an offer to sell securities or a solicitation of an offer to buy any securities, and may not be relied upon in connection with the purchase or sale of any security. This presentation is proprietary and is intended solely for the information of the persons to whom it is presented. It may not be retained, reproduced or distributed, in whole or in part, by any means (including electronic) ...

Paylocity Holding Corporation (PCTY) reported fourth-quarter fiscal 2024 non-GAAP earnings of $1.48 per share, beating the Zacks Consensus Estimate by 16.54%. The bottom line increased 12.12% year over year, driven by higher revenues and an increase in the operating and EBITDA income. Paylocity's revenues climbed 16% year over year to $357.29 million and surpassed the Zacks Consensus Estimate by 2.12%. The robust increase in the top line was mainly driven by a continued focus on scaling operational costs wh ...