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Paylocity to Add Spend Management Software Solution With Airbase Acquisition
PCTYPaylocity Holding(PCTY) PYMNTS.com·2024-09-05 01:33

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 ...