- Paylocity (PCTY, Financial) launches "Paylocity for Finance," a unified HCM and finance platform.
- The new solution integrates Airbase, recognized in Gartner's Magic Quadrant.
- Mobile platform version expected in Fall 2025, enhancing user adoption and accessibility.
Paylocity (PCTY) has unveiled its latest platform expansion, "Paylocity for Finance," aiming to bridge HR and finance operations through a singular system. This new product line marks a strategic extension of Paylocity’s offerings beyond its traditional HR and payroll services, positioning the company to capture a larger share of the spend management market.
Central to this launch is the integration of Airbase, a spend management solution recognized as a Visionary in the 2025 Gartner Magic Quadrant. This integration provides Paylocity with substantial credibility and equips organizations with tools to manage both payroll and non-payroll expenditures through a single, unified platform.
The platform comprises five core modules: AP Automation, Expense Management, Corporate Cards, Guided Procurement, and Headcount Planning. These modules deliver comprehensive spend management capabilities directly integrated with Paylocity's existing Human Capital Management (HCM) offerings. By eliminating disconnected systems and manual processes, the platform promises to enhance efficiency and streamline operations for mid-market organizations.
Additionally, Paylocity for Finance seamlessly integrates with major Enterprise Resource Planning (ERP) systems such as NetSuite, QuickBooks, MS Dynamics, and Sage Intacct. This ensures real-time financial data accessibility and smooth accounting reconciliation, crucial for faster month-end closing and heightened financial oversight.
Paylocity plans to release a mobile version of this platform in Fall 2025, further increasing accessibility and encouraging widespread adoption among users. According to Toby Williams, President and CEO of Paylocity, the new platform represents a natural evolution of the company’s mission to simplify work through cutting-edge innovation.
