Paylocity

 Krista Appoints New Chief Executive Officer

Retrieved on: 
Friday, September 1, 2023

Krista, a leader in conversational AI and digital process automation, announced that Michael Haske will join the company as Chief Executive Officer (CEO) effective today.

Key Points: 
  • Krista, a leader in conversational AI and digital process automation, announced that Michael Haske will join the company as Chief Executive Officer (CEO) effective today.
  • Haske, previously the President and Chief Operating Officer at Paylocity and prior CEO of Aircall, will succeed Krista Co-Founder & CEO John Michelsen.
  • Michelsen founded Krista in 2020 and has led the global company from a pioneer to leading player in AI integration platform as a service.
  • Michelsen will remain on the board and continue to serve as Chief Product Officer to the company.

Paylocity Partners with Visionary Elatia Abate Focusing on the Evolution of Modern HCM

Retrieved on: 
Tuesday, August 15, 2023

A renowned expert on The Future of Work, Abate will bring her cutting-edge research and insights to support Paylocity’s clients.

Key Points: 
  • A renowned expert on The Future of Work, Abate will bring her cutting-edge research and insights to support Paylocity’s clients.
  • “Paylocity is committed to building the most modern HCM solutions on the planet.
  • Abate will examine where Paylocity clients are today, where they are likely to be tomorrow and share best practices to assist Paylocity’s clients of all sizes.
  • "As Paylocity Futurist in Residence, I can help Paylocity clients imagine the possibilities of how transformative dynamics can power HCM.

Paylocity Announces Fourth Quarter and full Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, August 3, 2023

GAAP operating income was $49.4 million and Non-GAAP operating income was $84.0 million in the fourth quarter of fiscal year 2023.

Key Points: 
  • GAAP operating income was $49.4 million and Non-GAAP operating income was $84.0 million in the fourth quarter of fiscal year 2023.
  • GAAP net income was $37.3 million or $0.66 per share in the fourth quarter of fiscal year 2023 based on 56.7 million diluted weighted average common shares outstanding.
  • Adjusted EBITDA, a non-GAAP measure, was $100.6 million in the fourth quarter of fiscal year 2023.
  • Paylocity will host a conference call to discuss its fourth quarter and full fiscal year 2023 results at 4:30 p.m. Central Time today (5:30 Eastern Time).

Paylocity Unveils New Products and Features to Further Extend its Innovation and Leadership in the HCM Industry

Retrieved on: 
Wednesday, July 26, 2023

Using Market Pay, Paylocity clients can make better compensation decisions, evaluate specific roles accurately, and comply with pay equity and job posting requirements in multiple states.

Key Points: 
  • Using Market Pay, Paylocity clients can make better compensation decisions, evaluate specific roles accurately, and comply with pay equity and job posting requirements in multiple states.
  • Market pay data has increasingly become a must have for organizations of all sizes, but especially larger ones where internal calibration is more difficult.
  • With more data, the platform makes real-time recommendations to impact business outcomes,” said Steve Beauchamp, co-CEO of Paylocity.
  • “At Paylocity, we believe in providing innovative solutions that deliver the future of HCM today, and our latest advancements reflect our commitment to redefining modern HR."

NelsonHall Names Paylocity a Leader in its 2023 Next-Generation HCM Technology NEAT Report

Retrieved on: 
Thursday, July 13, 2023

SCHAUMBURG, Ill., July 13, 2023 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, has achieved a Leader ranking in NelsonHall's 2023 Next-Generation HCM Technology NEAT report for both the Small/Medium and Mid/Large market segments.

Key Points: 
  • SCHAUMBURG, Ill., July 13, 2023 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, has achieved a Leader ranking in NelsonHall's 2023 Next-Generation HCM Technology NEAT report for both the Small/Medium and Mid/Large market segments.
  • "Being acknowledged as a Leader in the 2023 Next-Gen HCM Technology NEAT Report by NelsonHall is a testament to our dedication in building the future of HCM today," said Steve Beauchamp, co-CEO of Paylocity.
  • NelsonHall’s Next Generation HCM Technology NEAT report focuses on how modern HCM platforms are supporting the ever-evolving workplace of the future and incorporating next-generation technology solutions to rethink HR processes and reimagine the employee experience.
  • The Leader ranking on the NelsonHall NEAT report is just the latest industry recognition for Paylocity.

ForgeRock Introduces New Partner Program to Accelerate Growth

Retrieved on: 
Monday, May 22, 2023

ForgeRock® (NYSE: FORG), a global digital identity leader, today announced the launch of a new partner program that now provides a comprehensive set of benefits that will drive growth and help ForgeRock partners deliver remarkable customer experiences.

Key Points: 
  • ForgeRock® (NYSE: FORG), a global digital identity leader, today announced the launch of a new partner program that now provides a comprehensive set of benefits that will drive growth and help ForgeRock partners deliver remarkable customer experiences.
  • To lead the new program, ForgeRock has hired Chris Westfall as Vice President of Global Partner Strategy, Programs and Operations, who brings expertise from over 20 years of partner ecosystem leadership across the software industry.
  • The new and enhanced ForgeRock Partner Program meets the needs of the company’s growing partner ecosystem, with a special focus on system integrators.
  • “Powerful identity solutions are at the heart of every successful digital transformation, and we’re excited to deepen our partner relationships to deliver innovative identity solutions that support our mutual customers.”
    The ForgeRock Partner Program launches this quarter and will create more opportunities to win and accelerate growth.

Greenhouse Software Moves Up The 2023 Fosway 9-Grid™ For Talent Acquisition

Retrieved on: 
Friday, May 19, 2023

NEW YORK, May 19, 2023 /PRNewswire/ -- Greenhouse, the hiring operating system for people-first companies, today announced it has moved up within the Core Leader zone in the 2023 Fosway 9-Grid™ for Talent Acquisition. For the third consecutive year, Greenhouse has been recognized as a talent acquisition industry leader for its continued growth in EMEA, investment in enterprise, product advancements and proven ability to deliver value to customers as they work to improve their hiring processes and build stronger businesses.

Key Points: 
  • Greenhouse recognized as Core Leader for third consecutive year, moves up grid and gains market share in EMEA
    NEW YORK, May 19, 2023 /PRNewswire/ -- Greenhouse , the hiring operating system for people-first companies, today announced it has moved up within the Core Leader zone in the 2023 Fosway 9-Grid™ for Talent Acquisition .
  • "The Talent Acquisition market is evolving at pace, despite the challenging economic climate," said David Wilson, CEO, Fosway Group.
  • According to Fosway, "For corporates, a recession can mean two things: either hiring stops or it continues but selectively.
  • Unlike other analyst models, Fosway 9-Grid™ research is primarily focused on talent acquisition solutions which are relevant to international enterprise-scale customers whose primary engagement with provider is throughout European headquarters.

Greenhouse Software Moves Up The 2023 Fosway 9-Grid™ For Talent Acquisition

Retrieved on: 
Friday, May 19, 2023

NEW YORK, May 19, 2023 /PRNewswire/ -- Greenhouse, the hiring operating system for people-first companies, today announced it has moved up within the Core Leader zone in the 2023 Fosway 9-Grid™ for Talent Acquisition. For the third consecutive year, Greenhouse has been recognized as a talent acquisition industry leader for its continued growth in EMEA, investment in enterprise, product advancements and proven ability to deliver value to customers as they work to improve their hiring processes and build stronger businesses.

Key Points: 
  • Greenhouse recognized as Core Leader for third consecutive year, moves up grid and gains market share in EMEA
    NEW YORK, May 19, 2023 /PRNewswire/ -- Greenhouse , the hiring operating system for people-first companies, today announced it has moved up within the Core Leader zone in the 2023 Fosway 9-Grid™ for Talent Acquisition .
  • "The Talent Acquisition market is evolving at pace, despite the challenging economic climate," said David Wilson, CEO, Fosway Group.
  • According to Fosway, "For corporates, a recession can mean two things: either hiring stops or it continues but selectively.
  • Unlike other analyst models, Fosway 9-Grid™ research is primarily focused on talent acquisition solutions which are relevant to international enterprise-scale customers whose primary engagement with provider is throughout European headquarters.

Paylocity Announces Third Quarter Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, May 4, 2023

Q3 2023 Recurring & Other Revenue of $314.2 million, up 28% year-over-year

Key Points: 
  • Q3 2023 Recurring & Other Revenue of $314.2 million, up 28% year-over-year
    Q3 2023 Total Revenue of $339.9 million, up 38% year-over-year
    SCHAUMBURG, Ill., May 04, 2023 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HCM and payroll software solutions, today announced financial results for the third quarter of fiscal year 2023, which ended March 31, 2023.
  • GAAP operating income was $80.4 million and Non-GAAP operating income was $116.7 million in the third quarter of fiscal year 2023.
  • An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures.”
    Based on information available as of May 4, 2023, Paylocity is issuing guidance for the fourth quarter and full fiscal year 2023 as indicated below.
  • Paylocity will host a conference call to discuss its third quarter fiscal year 2023 results at 4:30 p.m. Central Time today (5:30 p.m. Eastern Time).

Nucleus Research Releases 2023 Workforce Management Technology Value Matrix

Retrieved on: 
Tuesday, April 18, 2023

Leading vendors in this year’s Value Matrix have focused investment on automation and analytics, specifically in complex scheduling and labor planning.

Key Points: 
  • Leading vendors in this year’s Value Matrix have focused investment on automation and analytics, specifically in complex scheduling and labor planning.
  • The Experts in this year’s Value Matrix are organizations that deliver value to customers with complex use cases through deep functionality and industry-specific capabilities.
  • Facilitators in this year’s Value Matrix deliver value through greater ease of use and quick implementation.
  • To download the full 2023 WFM Technology Value Matrix, click here .