Paylocity Holding Corp is a provider of cloud-based payroll and human capital management solutions for medium-sized organizations. Its solutions are delivered through a Software-as-a-Service model. The configurable platform enables customers to choose applications they need and provides on-demand reporting and analytics. The firm has two flagship applications: Paylocity Web Pay, which provides enterprise-grade payroll processing and administration; and Paylocity HR, which provides HR compliance and enhanced reporting capabilities. The company derives revenue primarily from software subscriptions and service fees. All of the firm's revenue is generated in the United States.