Benefitfocus vs Paylocity

Struggling to choose between Benefitfocus and Paylocity? Both products offer unique advantages, making it a tough decision.

Benefitfocus is a Business & Commerce solution with tags like benefits-management, enrollment, hr-platform.

It boasts features such as Cloud-based benefits management platform, Benefits enrollment and administration, HRIS and payroll integrations, Employee self-service portal, Benefits shopping and decision support, Carrier connections for enrollment data exchange, Analytics and reporting and pros including Streamlines benefits enrollment process, Consolidates HR, payroll, benefits in one system, Configurable to support complex benefit plans, Mobile access for employees, Data analytics and insights.

On the other hand, Paylocity is a Business & Commerce product tagged with payroll, hr, cloud, time-tracking, talent-management.

Its standout features include Cloud-based payroll and HR management, Integrated platform for payroll, benefits, time tracking, and talent management, Customizable reporting and analytics, Mobile app for on-the-go access, Employee self-service portal, Automated tax filing and compliance, Automated payroll processing, Integrated time and attendance tracking, Performance management and goal tracking, Applicant tracking and onboarding, and it shines with pros like Comprehensive HR and payroll management in one platform, Intuitive and user-friendly interface, Robust reporting and analytics capabilities, Automated tax filing and compliance, Mobile app for remote access, Excellent customer support.

Feature	Benefitfocus	Paylocity
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Business & Commerce

Product Overview

Benefitfocus

Description: Benefitfocus is a cloud-based benefits management software that helps employers manage, enroll, and engage employees with benefits. It streamlines benefits enrollment, consolidates HR and benefits in one platform, and provides data insights.

Paylocity

Description: Paylocity is a cloud-based payroll and human resources software designed for medium-sized businesses. It allows companies to manage payroll, benefits, time tracking, talent management, and other HR tasks in one integrated platform.

Key Features Comparison

Benefitfocus Features

• Cloud-based benefits management platform
• Benefits enrollment and administration
• HRIS and payroll integrations
• Employee self-service portal
• Benefits shopping and decision support
• Carrier connections for enrollment data exchange
• Analytics and reporting

Paylocity Features

• Cloud-based payroll and HR management
• Integrated platform for payroll, benefits, time tracking, and talent management
• Customizable reporting and analytics
• Mobile app for on-the-go access
• Employee self-service portal
• Automated tax filing and compliance
• Automated payroll processing
• Integrated time and attendance tracking
• Performance management and goal tracking
• Applicant tracking and onboarding

Pros & Cons Analysis

Benefitfocus

Pros

• Streamlines benefits enrollment process
• Consolidates HR, payroll, benefits in one system
• Configurable to support complex benefit plans
• Mobile access for employees
• Data analytics and insights

Cons

• Can be complex and require training
• Implementation takes time and resources
• Must link to insurance carriers for full functionality
• Limited global/international capabilities

Paylocity

Pros

• Comprehensive HR and payroll management in one platform
• Intuitive and user-friendly interface
• Robust reporting and analytics capabilities
• Automated tax filing and compliance
• Mobile app for remote access
• Excellent customer support

Cons

• Relatively higher pricing compared to some competitors
• Limited customization options for some features
• Steep learning curve for users new to the platform
• Occasional system performance issues or outages

Pricing Comparison

Benefitfocus

• Subscription-Based

Paylocity

• Subscription-Based