Paylocity vs Ultimate Software
Paylocity
Innovative payroll services and human resource software solutions for employees and businesses across america
7321 employees · est. 1997 · Schaumburg, United States
Ultimate Software is the older company (1997 vs 1990); Paylocity is the larger of the two.
Side-by-Side Comparison
| Metric | Paylocity | Ultimate Software |
|---|---|---|
| Founded | ||
| Founded | 1997 | 1990 older |
| Headquarters | ||
| Headquarters | Schaumburg, United States | Weston, United States |
| Employees | ||
| Employees | 7321 larger | 612 |
| Industry | ||
| Industry | Enterprise Software, Information Technology, SaaS | AI, Cloud Infrastructure, Enterprise Software |
| Funding Stage | ||
| Funding Stage | IPO | Post-IPO Equity |
| Total Funding | ||
| Total Funding | $130.00M | $19.09M |
| Funding Rounds | ||
| Funding Rounds | 2 | 4 |
| Services | ||
| Services | HR Management, Payroll Processing, Finance and Spend Management, IT Asset and Access Management | Human Capital Management, Workforce Operating Platform, Payroll and Compliance, People-First AI Solutions, HR Service Delivery |
| Target Customers | ||
| Target Customers | Small Businesses, Midsize Businesses, Enterprises, Accountants, Brokers, Franchises, Private Equity | Small Business, Midsize Business, Enterprise, Healthcare Providers, Retail Chains, Government Agencies, Manufacturers, Financial Service Providers, Field and Contract Services |
| Taxonomy | ||
| Taxonomy | Cloud-Based Software SolutionsHuman Capital ManagementPayroll ServicesEmployee EngagementHR ComplianceHR Data Analytics +9 | Human ResourcesPayrollHuman Capital ManagementTalent ManagementRecruitmentOnboarding +6 |
| Website | ||
| Website | paylocity.com | ultimatesoftware.com |
About Paylocity
Paylocity is a distinguished provider of cloud-based HR, payroll, and spend management software solutions, with a mission to enhance workplaces where employees thrive and businesses excel. Operating under the slogan, "Innovative payroll services and human resource software solutions for employees an...
About Ultimate Software
Ultimate Software, now operating under the name UKG following its merger with Kronos Inc, is a formidable player in the realm of #HCM, #payroll, and #workforcemanagement solutions. Founded in 1990 in the United States, the company leverages cutting-edge innovations in the fields of AI, Cloud Infrast...
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Compiled from the BounceWatch company index. We last looked at Paylocity on 31 Oct 2026, and Ultimate Software on 11 Apr 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.
