Paylocity Plunges 17% in a Year: Will AI Push Drive the Stock Higher?

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 ...