Paylocity Holding Corporation is a cloud-based provider of payroll and human capital management (HCM), software solutions for medium-sized organizations. The Company�s products include Paylocity Web Pay, Paylocity HR, Paylocity Impressions, Performance Management, Self-Service HR Portals, Paylocity Web Time and Paylocity Web Benefits. Its multi-tenant software platform is configurable and includes a suite of payroll and HCM applications, such as time and labor tracking, benefits and talent management. The Company�s solutions have been developed from its payroll solution. Its payroll and HCM applications use a database and provide on-demand reporting and analytics.