Square Payroll vs Paylocity

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

Square Payroll is a Business & Commerce solution with tags like payroll, small-business, direct-deposit, tax-filing.

It boasts features such as Easy payroll setup, Payroll calculation, Direct deposit, Tax payments, Filing and pros including User-friendly interface, Integration with other Square products, Automatic tax calculations, Mobile app, Free payroll processing for one user.

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	Square Payroll	Paylocity
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Business & Commerce

Product Overview

Square Payroll

Description: Square Payroll is a cloud-based payroll management software designed for small businesses. It allows easy payroll setup, calculation, direct deposit, tax payments, and filing.

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

Square Payroll Features

• Easy payroll setup
• Payroll calculation
• Direct deposit
• Tax payments
• Filing

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

Square Payroll

Pros

• User-friendly interface
• Integration with other Square products
• Automatic tax calculations
• Mobile app
• Free payroll processing for one user

Cons

• Limited reporting
• Additional fees for multiple users
• Lack of advanced payroll features

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

Square Payroll

• Subscription-Based

Paylocity

• Subscription-Based