Paylocity

We are a leading cloud-based provider of human capital management ('HCM'), finance and IT software solutions. Our unified, easy-to-use platform helps businesses streamline HR, finance, and IT operations, manage spend and talent, and build culture and connection with artificial intelligence ('AI') embedded directly into everyday workflows to save time, reduce manual effort, and support better decision-making. Excluding clients acquired through acquisitions, as of June 30, 2026, we provided our software-as-a-service ('SaaS') solutions to approximately 44,400 clients across the U.S., which on average had over 150 employees. Our platform is built on a single employee record with workflows and integrations designed to automate work across teams and systems. Employees can access their information and tools through a unified web and mobile experience. Analytics and reporting capabilities are embedded throughout the platform to deliver value with intelligent automation, tailored insights, and embedded experiences that provide real-time guidance to administrators and employees. Ignite AI, our platform-wide AI with agents, is embedded throughout our platform bringing data, insights, and automation into moments where decisions are made and work gets done. Purpose-built agents automate tasks across pay, time, recruiting, and other places where work often slows down. We supplement our comprehensive software solutions with an integrated implementation and client service organization designed to meet the needs of our clients and prospects. Our annual revenue retention rate was greater than 92% in each of our 2024, 2025 and 2026 fiscal years.