Paylocity Holding Corp

NASDAQ:PCTYUnited States

Paylocity Announces Completion of Acquisition of Airbase Inc.

SCHAUMBURG, Ill., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leader in cloud-based HR and payroll software solutions, has completed its acquisition of Airbase Inc., a modern finance and spend management software solution that combines bill pay / accounts payable automation, expense management, corporate cards and procurement capabilities. The acquisition of Airbase represents an expansion of Paylocity's suite and is expected to deliver incremental integrated value to HR and finance leaders in managing all of their spend on a single platform -- expanding the Paylocity total addressable market beyond HCM and further into the Office of the CFO.

Paylocity Debuts Integrated Headcount Planning Solution

New solution unites HR, Finance, and Talent Acquisition for seamless workforce planning

LAS VEGAS, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leader in cloud-based HR and payroll software solutions, today announced Headcount Planning, a new offering that brings together Finance, HR, Talent Acquisition, and hiring managers to create a more cohesive, data-driven approach to workforce planning. This integrated solution builds on Paylocity's acquisition of Trace in December 2023 and leverages the Paylocity employee record as the single source of truth for company-wide headcount planning. It enables businesses to proactively map headcount needs across the organization, manage workflows and approvals from initial forecasting through opening new roles, and offers comprehensive reporting to stay ahead of ever-changing talent needs as employees join, move, or leave an organization.