Airbase Named a Visionary in the 2025 Gartner® Magic Quadrant™ for Accounts Payable Applications

Core Insights - Paylocity's Airbase solution has been recognized as a Visionary in the 2025 Gartner Magic Quadrant for Accounts Payable Applications, highlighting its innovative approach in the market [1][2] - The recognition emphasizes Paylocity's understanding of market trends and its capability to meet the evolving needs of finance teams through advanced technology [2] Company Overview - Paylocity, headquartered in Schaumburg, IL, is a provider of cloud-based HR, payroll, and spend management software solutions, founded in 1997 and publicly traded since 2014 [9] - The company is known for its unique culture and has been consistently recognized as one of the best places to work, focusing on helping businesses automate HR and payroll processes [9] Product Features - Airbase by Paylocity offers a unified finance automation platform that enhances visibility, control, and efficiency across the entire spending lifecycle, from pre-approvals to reconciliation [3][4] - Key features include Procure-to-Pay (P2P) management, Accounts Payable (AP) automation, guided procurement, expense management, corporate cards, and seamless integrations with other business systems [10]